Andrew Cecere
2021
In 2021, Andrew Cecere earned a total compensation of $19.2M as Chairman, President and Chief Executive Officer at U.S. Bancorp, a 14% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,583,061 |
|---|---|
| Non-Equity Incentive Plan | $4,534,680 |
| Salary | $1,200,000 |
| Stock Awards | $9,800,000 |
| Other | $48,535 |
| Total | $19,166,276 |
Cecere received $9.8M in stock awards, accounting for 51% of the total pay in 2021.
Cecere also received $3.6M of change in pension value and nonqualified deferred compensation earnings, $4.5M in non-equity incentive plan, $1.2M in salary and $48.5K in other compensation.
Rankings
In 2021, Andrew Cecere's compensation ranked 357th out of 12,415 executives tracked by ExecPay. In other words, Cecere earned more than 97.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 357 out of 12,415 | 97th |
Division Finance, Insurance, And Real Estate | 55 out of 2,276 | 98th |
Major group Depository Institutions | 6 out of 1,000 | 99th |
Industry group Commercial Banks | 6 out of 800 | 99th |
Industry National Commercial Banks | 5 out of 277 | 98th |
Source: SEC filing on March 8, 2022.
Cecere's colleagues
We found four more compensation records of executives who worked with Andrew Cecere at U.S. Bancorp in 2021.