Lawrence D. McGovern
2019
In 2019, Lawrence D. McGovern earned a total compensation of $1M as Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce at Heritage Commerce, a 78% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $352,100 |
|---|---|
| Non-Equity Incentive Plan | $101,456 |
| Salary | $332,109 |
| Stock Awards | $182,400 |
| Other | $32,820 |
| Total | $1,000,885 |
McGovern received $352.1K of change in pension value and nonqualified deferred compensation earnings, accounting for 35% of the total pay in 2019.
McGovern also received $101.5K in non-equity incentive plan, $332.1K in salary, $182.4K in stock awards and $32.8K in other compensation.
Rankings
In 2019, Lawrence D. McGovern's compensation ranked 9,266th out of 13,971 executives tracked by ExecPay. In other words, McGovern earned more than 33.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,266 out of 13,971 | 34th |
Division Finance, Insurance, And Real Estate | 1,750 out of 2,901 | 40th |
Major group Depository Institutions | 490 out of 1,223 | 60th |
Industry group Commercial Banks | 420 out of 1,011 | 59th |
Industry State Commercial Banks | 220 out of 627 | 65th |
Source: SEC filing on April 15, 2020.
McGovern's colleagues
We found five more compensation records of executives who worked with Lawrence D. McGovern at Heritage Commerce in 2019.
2019
Walter Kaczmarek
Heritage Commerce
Chief Executive Officer
2019
Michael Benito
Heritage Commerce
Executive Vice President/Business Banking Manager of Heritage Bank of Commerce
2019
Keith Wilton
Heritage Commerce
Chief Executive Officer
2019
Margo Butsch
Heritage Commerce
Executive Vice President & Chief Credit Officer of Heritage Bank of Commerce
2019
Robertson Jones
Heritage Commerce