UMB Financial CEO J Kemper's 2018 pay slips 20% to $3.7M
UMB Financial reports 2018 executive compensation
By ExecPay News
Published: March 13, 2020
UMB Financial reported fiscal year 2018 executive compensation information on March 13, 2020.
In 2018, seven executives at UMB Financial received on average a compensation package of $1.5M, a 11% decrease compared to previous year.
Average pay of disclosed executives at UMB Financial
J. Mariner Kemper, Chief Executive Officer, received $3.7M in total, which decreased by 20% compared to 2017. 55% of Kemper's compensation, or $2M, was in stock awards. Kemper also received $709K in non-equity incentive plan, $905K in salary, as well as $48K in other compensation.
For fiscal year 2018, the median employee pay was $58,775 at UMB Financial. Therefore, the ratio of J. Mariner Kemper's pay to the median employee pay was 62 to one.
Michael D. Hagedorn, Chief Executive Officer, received a compensation package of $2.8M, which increased by 75% compared to previous year. 63% of the compensation package, or $1.8M, was in other compensation.
James Cornelius, President of Institutional Banking, UMB Bank, n.a, earned $935K in 2018.
James D. Rine, Chief Executive Officer, received $898K in 2018.
Kevin M. Macke, EVP, Operations, earned $749K in 2018, a 8% increase compared to previous year.
Ram Shankar, Chief Financial Officer, received $735K in 2018, which decreases by 19% compared to 2017.
Thomas S. Terry, Executive Vice President and Chief Credit Officer, earned $594K in 2018, a 19% decrease compared to previous year.
Related executives
Thomas Terry
UMB Financial
Executive Vice President and Chief Credit Officer
J Kemper
UMB Financial
Chief Executive Officer
Ram Shankar
UMB Financial
Chief Financial Officer
James Rine
UMB Financial
Chief Executive Officer
James Cornelius
UMB Financial
President of Institutional Banking, UMB Bank, n.a
Kevin Macke
UMB Financial
EVP, Operations
Michael Hagedorn
UMB Financial
Chief Executive Officer
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Source: SEC filing on March 13, 2020.