Associated Banc-Corp reports 2018 executive compensation

CEO Philip B. Flynn receives $5.2M

Associated Banc-Corp reported fiscal year 2018 executive compensation information on March 15, 2019.

In 2018, five executives at Associated Banc-Corp received on average a compensation package of $2,217,489, a 10% increase compared to previous year.

Average pay of disclosed executives at Associated Banc-Corp

Philip B. Flynn, Chief Executive Officer, received $5,172,842 in total, which increased by 8% compared to 2017. 36.25% of Flynn's compensation, or $1,874,986, was in stock awards. Flynn also received $11,218 of change in pension value and nonqualified deferred compensation earnings, $1,161,170 in non-equity incentive plan, $624,996 in option awards, $1,250,000 in salary, as well as $250,472 in other compensation.

Christopher J. Del Moral-Niles, Chief Financial Officer, received a compensation package of $1,697,723, which increased by 13% compared to previous year. 31.81% of the compensation package, or $540,000, was in non-equity incentive plan.

John A. Utz, Executive Vice President, Head of Corporate Banking and Milwaukee Market President, earned $1,532,901 in 2018, a 14% increase compared to previous year.

Randall J. Erickson, General Counsel, received $1,489,583 in 2018, which increases by 10% compared to 2017.

David L. Stein, Executive Vice President, Head of Consumer & Business Banking, earned $1,194,397 in 2018, a 11% increase compared to previous year.