Lawrence D. McGovern
2021
In 2021, Lawrence D. McGovern earned a total compensation of $831.3K as Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce at Heritage Commerce, a 24% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $8,700 |
|---|---|
| Non-Equity Incentive Plan | $221,633 |
| Salary | $363,333 |
| Stock Awards | $183,853 |
| Other | $53,738 |
| Total | $831,257 |
McGovern received $363.3K in salary, accounting for 44% of the total pay in 2021.
McGovern also received $8.7K of change in pension value and nonqualified deferred compensation earnings, $221.6K in non-equity incentive plan, $183.9K in stock awards and $53.7K in other compensation.
Rankings
In 2021, Lawrence D. McGovern's compensation ranked 9,367th out of 12,397 executives tracked by ExecPay. In other words, McGovern earned more than 24.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,367 out of 12,397 | 24th |
Division Finance, Insurance, And Real Estate | 1,542 out of 2,278 | 32nd |
Major group Depository Institutions | 505 out of 1,000 | 50th |
Industry group Commercial Banks | 438 out of 800 | 45th |
Industry State Commercial Banks | 250 out of 512 | 51st |
Source: SEC filing on April 14, 2022.
McGovern's colleagues
We found five more compensation records of executives who worked with Lawrence D. McGovern at Heritage Commerce in 2021.
2021
Keith Wilton
Heritage Commerce
Chief Executive Officer
2021
Walter Kaczmarek
Heritage Commerce
Chief Executive Officer
2021
Robertson Jones
Heritage Commerce
Chief Operating Officer
2021
Michael Benito
Heritage Commerce
Executive Vice President/Business Banking Manager of Heritage Bank of Commerce
2021
Margo Butsch
Heritage Commerce