Commerce Bancshares reports 2018 executive compensation

CEO David W. Kemper receives $4.5M

Commerce Bancshares reported fiscal year 2018 executive compensation information on March 8, 2019.

In 2018, six executives at Commerce Bancshares received on average a compensation package of $2,180,715, a 21% decrease compared to previous year.

Average pay of disclosed executives at Commerce Bancshares

David W. Kemper, Chief Executive Officer, received $4,546,839 in total, which decreased by 7% compared to 2017. 38.80% of Kemper's compensation, or $1,764,065, was in stock awards. Kemper also received $1,312,000 in non-equity incentive plan, $445,062 in option awards, $845,270 in salary, as well as $180,442 in other compensation.

John W. Kemper, Chief Executive Officer, received a compensation package of $2,723,441, which decreased by 18% compared to previous year. 41.24% of the compensation package, or $1,123,229, was in non-equity incentive plan.

John K. Handy, Executive Vice President, earned $1,615,363 in 2018.

Kevin G. Barth, Executive Vice President, received $1,469,488 in 2018, which decreases by 24% compared to 2017.

Charles G. Kim, Chief Financial Officer, earned $1,465,819 in 2018, a 24% decrease compared to previous year.

Robert S. Holmes, Executive Vice President, received $1,263,337 in 2018.