Commerce Bancshares CEO David Kemper's 2018 pay slips 7% to $4.5M

Commerce Bancshares reports 2018 executive compensation

Published: March 8, 2019

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 $2.2M, a 21% decrease compared to previous year.

Average pay of disclosed executives at Commerce Bancshares

David W. Kemper, Chief Executive Officer, received $4.5M in total, which decreased by 7% compared to 2017. 38.80% of Kemper's compensation, or $1.8M, was in stock awards. Kemper also received $1.3M in non-equity incentive plan, $445.1K in option awards, $845.3K in salary, as well as $180.4K in other compensation.

John W. Kemper, Chief Executive Officer, received a compensation package of $2.7M, which decreased by 18% compared to previous year. 41.24% of the compensation package, or $1.1M, was in non-equity incentive plan.

John K. Handy, Executive Vice President, earned $1.6M in 2018.

Kevin G. Barth, Executive Vice President, received $1.5M in 2018, which decreases by 24% compared to 2017.

Charles G. Kim, Chief Financial Officer, earned $1.5M in 2018, a 24% decrease compared to previous year.

Robert S. Holmes, Executive Vice President, received $1.3M in 2018.