Commerce Bancshares CEO John Kemper's 2019 pay jumps 36% to $3.7M
Commerce Bancshares reports 2019 executive compensation
By ExecPay News
Published: March 6, 2020
Commerce Bancshares reported fiscal year 2019 executive compensation information on March 6, 2020.
In 2019, six executives at Commerce Bancshares received on average a compensation package of $1.8M, a 18% decrease compared to previous year.
Average pay of disclosed executives at Commerce Bancshares
John W. Kemper, Chief Executive Officer, received $3.7M in total, which increased by 36% compared to 2018. 40% of Kemper's compensation, or $1.5M, was in stock awards. Kemper also received $749K in non-equity incentive plan, $400K in option awards, $920K in salary, as well as $139K in other compensation.
For fiscal year 2019, the median employee pay was $58,414 at Commerce Bancshares. Therefore, the ratio of John W. Kemper's pay to the median employee pay was 63 to one.
David W. Kemper, Chairman, received a compensation package of $2.2M, which decreased by 53% compared to previous year. 53% of the compensation package, or $1.1M, was in stock awards.
Charles G. Kim, Chief Financial Officer, earned $1.4M in 2019, a 4% decrease compared to previous year.
Kevin G. Barth, Executive Vice President, received $1.4M in 2019, which decreases by 4% compared to 2018.
John K. Handy, Executive Vice President, earned $1.1M in 2019, a 31% decrease compared to previous year.
Robert S. Holmes, Executive Vice President, received $993K in 2019, which decreases by 21% compared to 2018.
Related executives
John Kemper
Commerce Bancshares
Chief Executive Officer
Charles Kim
Commerce Bancshares
Chief Financial Officer
David Kemper
Commerce Bancshares
Chairman
Kevin Barth
Commerce Bancshares
Executive Vice President
John Handy
Commerce Bancshares
Executive Vice President
Robert Holmes
Commerce Bancshares
Executive Vice President
You may also like
Source: SEC filing on March 6, 2020.