Commerce Bancshares CEO John Kemper's 2020 pay slips 1% to $3.7M
Commerce Bancshares reports 2020 executive compensation
By ExecPay News
Published: March 12, 2021
Commerce Bancshares reported fiscal year 2020 executive compensation information on March 12, 2021.
In 2020, six executives at Commerce Bancshares received on average a compensation package of $1.7M, a 4% 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 decreased by 1% compared to 2019. 53% of Kemper's compensation, or $1.9M, was in stock awards. Kemper also received $664K in non-equity incentive plan, $945K in salary, as well as $115K in other compensation.
For fiscal year 2020, the median employee pay was $64,500 at Commerce Bancshares. Therefore, the ratio of John W. Kemper's pay to the median employee pay was 57 to one.
David W. Kemper, Chairman, received a compensation package of $1.7M, which decreased by 22% compared to previous year. 60% of the compensation package, or $1M, was in stock awards.
Charles G. Kim, Chief Financial Officer, earned $1.5M in 2020, a 4% increase compared to previous year.
Kevin G. Barth, Executive Vice President, received $1.4M in 2020, which decreases by 3% compared to 2019.
John K. Handy, Executive Vice President, earned $1.2M in 2020, a 3% increase compared to previous year.
Robert S. Holmes, Executive Vice President, received $987K in 2020, which decreases by 1% compared to 2019.
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
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Source: SEC filing on March 12, 2021.