Lawrence D. McGovern
2020
In 2020, Lawrence D. McGovern earned a total compensation of $1.1M as Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce at Heritage Commerce, a 9% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $375,900 |
|---|---|
| Non-Equity Incentive Plan | $156,443 |
| Salary | $347,650 |
| Stock Awards | $157,582 |
| Other | $50,068 |
| Total | $1,087,643 |
McGovern received $375.9K of change in pension value and nonqualified deferred compensation earnings, accounting for 35% of the total pay in 2020.
McGovern also received $156.4K in non-equity incentive plan, $347.7K in salary, $157.6K in stock awards and $50.1K in other compensation.
Rankings
In 2020, Lawrence D. McGovern's compensation ranked 8,285th out of 13,090 executives tracked by ExecPay. In other words, McGovern earned more than 36.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,285 out of 13,090 | 37th |
Division Finance, Insurance, And Real Estate | 1,437 out of 2,551 | 44th |
Major group Depository Institutions | 384 out of 1,117 | 66th |
Industry group Commercial Banks | 332 out of 897 | 63rd |
Industry State Commercial Banks | 187 out of 569 | 67th |
Source: SEC filing on April 14, 2022.
McGovern's colleagues
We found four more compensation records of executives who worked with Lawrence D. McGovern at Heritage Commerce in 2020.
2020
Keith Wilton
Heritage Commerce
Chief Executive Officer
2020
Michael Benito
Heritage Commerce
Executive Vice President/Business Banking Manager of Heritage Bank of Commerce
2020
Robertson Jones
Heritage Commerce
Chief Operating Officer
2020
Margo Butsch
Heritage Commerce