Andrew Cecere
2016
In 2016, Andrew Cecere earned a total compensation of $8.7M as President and Chief Operating Officer at U.S. Bancorp, a 28% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $884,538 |
|---|---|
| Non-Equity Incentive Plan | $1,160,400 |
| Option Awards | $1,443,750 |
| Salary | $800,000 |
| Stock Awards | $4,331,250 |
| Other | $31,478 |
| Total | $8,651,416 |
Cecere received $4.3M in stock awards, accounting for 50% of the total pay in 2016.
Cecere also received $884.5K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $1.4M in option awards, $800K in salary and $31.5K in other compensation.
Rankings
In 2016, Andrew Cecere's compensation ranked 674th out of 14,075 executives tracked by ExecPay. In other words, Cecere earned more than 95.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 674 out of 14,075 | 95th |
Division Finance, Insurance, And Real Estate | 139 out of 3,060 | 96th |
Major group Depository Institutions | 33 out of 1,387 | 98th |
Industry group Commercial Banks | 31 out of 1,099 | 97th |
Industry National Commercial Banks | 26 out of 359 | 93rd |
Source: SEC filing on March 7, 2017.
Cecere's colleagues
We found five more compensation records of executives who worked with Andrew Cecere at U.S. Bancorp in 2016.