Associated Banc-Corp CEO Philip Flynn's 2020 pay slips 19% to $4.2M
Associated Banc-Corp reports 2020 executive compensation
By ExecPay News
Published: March 12, 2021
Associated Banc-Corp reported fiscal year 2020 executive compensation information on March 12, 2021.
In 2020, five executives at Associated Banc-Corp received on average a compensation package of $1.7M, a 22% decrease compared to previous year.
Average pay of disclosed executives at Associated Banc-Corp
Philip B. Flynn, Chief Executive Officer, received $4.2M in total, which decreased by 19% compared to 2019. 47% of Flynn's compensation, or $2M, was in stock awards. Flynn also received $11K of change in pension value and nonqualified deferred compensation earnings, $656K in option awards, $1.3M in salary, as well as $274K in other compensation.
Christopher J. Del Moral-Niles, Chief Financial Officer, received a compensation package of $1.2M, which decreased by 28% compared to previous year. 43% of the compensation package, or $505K, was in salary.
John A. Utz, Executive Vice President, Head of Corporate Banking and Milwaukee Market President, earned $1.1M in 2020, a 29% decrease compared to previous year.
Randall J. Erickson, General Counsel, received $988K in 2020, which decreases by 26% compared to 2019.
David L. Stein, Executive Vice President, Head of Consumer & Business Banking, earned $968K in 2020, a 17% decrease compared to previous year.
Related executives
Philip Flynn
Associated Banc-Corp
Chief Executive Officer
Christopher Del Moral-Niles
Associated Banc-Corp
Chief Financial Officer
John Utz
Associated Banc-Corp
Executive Vice President, Head of Corporate Banking and Milwaukee Market President
Randall Erickson
Associated Banc-Corp
General Counsel
David Stein
Associated Banc-Corp
Executive Vice President, Head of Consumer & Business Banking and Madison Market President
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Source: SEC filing on March 12, 2021.