Lawrence D. McGovern

2018

In 2018, Lawrence D. McGovern earned a total compensation of $563.1K as Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce at Heritage Commerce, a 2% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$76,368
Salary$305,471
Stock Awards$151,200
Other$30,030
Total$563,069

McGovern received $305.5K in salary, accounting for 54% of the total pay in 2018.

McGovern also received $76.4K in non-equity incentive plan, $151.2K in stock awards and $30K in other compensation.

Rankings

In 2018, Lawrence D. McGovern's compensation ranked 11,483rd out of 14,244 executives tracked by ExecPay. In other words, McGovern earned more than 19.4% of executives.

ClassificationRankingPercentile
All
11,483
out of 14,244
19th
Division
Finance, Insurance, And Real Estate
2,205
out of 2,994
26th
Major group
Depository Institutions
767
out of 1,316
42nd
Industry group
Commercial Banks
670
out of 1,072
38th
Industry
State Commercial Banks
399
out of 708
44th

Pay ratio

Lawrence D. McGovern's Pay$563,069
Median Employee's Pay$78,500
Pay Ratio

7

to 1

In 2018, the annual total compensation of Lawrence D. McGovern was $563,069.

The annual total compensation of the median employee at Heritage Commerce was $78,500.

The ratio of Lawrence D. McGovern's pay to the pay of median employee was therefore 7 to one.

Source: SEC filing on April 15, 2019.

McGovern's colleagues

We found four more compensation records of executives who worked with Lawrence D. McGovern at Heritage Commerce in 2018.

2018

Walter Kaczmarek

Heritage Commerce

Chief Executive Officer

2018

Keith Wilton

Heritage Commerce

Chief Operating Officer

2018

Michael Benito

Heritage Commerce

Executive Vice President/Banking Division of Heritage Bank of Commerce

2018

Margo Butsch

Heritage Commerce

Executive Vice President &Chief Credit Officer of Heritage Bank of Commerce

News

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