Timothy A. Welsh
2020
In 2020, Timothy A. Welsh earned a total compensation of $4M as Vice Chair, Consumer and Business Banking at U.S. Bancorp, a 12% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $96,634 |
|---|---|
| Non-Equity Incentive Plan | $918,048 |
| Salary | $655,000 |
| Stock Awards | $2,300,000 |
| Other | $37,203 |
| Total | $4,006,885 |
Welsh received $2.3M in stock awards, accounting for 57% of the total pay in 2020.
Welsh also received $96.6K of change in pension value and nonqualified deferred compensation earnings, $918K in non-equity incentive plan, $655K in salary and $37.2K in other compensation.
Rankings
In 2020, Timothy A. Welsh's compensation ranked 2,848th out of 13,090 executives tracked by ExecPay. In other words, Welsh earned more than 78.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,848 out of 13,090 | 78th |
Division Finance, Insurance, And Real Estate | 491 out of 2,550 | 81st |
Major group Depository Institutions | 95 out of 1,117 | 92nd |
Industry group Commercial Banks | 83 out of 897 | 91st |
Industry National Commercial Banks | 49 out of 317 | 85th |
Source: SEC filing on March 9, 2021.
Welsh's colleagues
We found five more compensation records of executives who worked with Timothy A. Welsh at U.S. Bancorp in 2020.
2020
Andrew Cecere
U.S. Bancorp
Chief Executive Officer
2020
Terrance Dolan
U.S. Bancorp
Chief Financial Officer
2020
Jeffry von Gillern
U.S. Bancorp
Vice Chair, Technology and Operations Services
2020
Gunjan Kedia
U.S. Bancorp
Vice Chair, Wealth Management and Investment Services
2020
Shailesh Kotwal
U.S. Bancorp