UMB Financial CEO J Kemper's 2019 pay rises 12% to $4.1M
UMB Financial reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
UMB Financial reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, five executives at UMB Financial received on average a compensation package of $1.6M, a 10% increase compared to previous year.
Average pay of disclosed executives at UMB Financial
J. Mariner Kemper, Chief Executive Officer, received $4.1M in total, which increased by 12% compared to 2018. 49% of Kemper's compensation, or $2M, was in stock awards. Kemper also received $1.1M in non-equity incentive plan, $905K in salary, as well as $56K in other compensation.
James D. Rine, Chief Executive Officer, received a compensation package of $1.5M, which increased by 70% compared to previous year. 34% of the compensation package, or $515K, was in non-equity incentive plan.
James Cornelius, President of Institutional Banking, UMB Bank, n.a, earned $916K in 2019, a 2% decrease compared to previous year.
Ram Shankar, Chief Financial Officer, received $848K in 2019, which increases by 15% compared to 2018.
Thomas S. Terry, Executive Vice President and Chief Credit Officer, earned $747K in 2019, a 26% increase compared to previous year.
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Source: SEC filing on March 13, 2020.