Data Year:
Select Other Years

For its 2024 fiscal year, US BANCORP, listed the following executives on its annual proxy statement to the SEC

Equity
Cash Compensation
Other
Fiscal Year Ended in 2024
Name And Title Total Compensation Pay Rank By Title
Andrew Cecere
Chairman and Chief Executive Officer
Total Compensation $17,413,066 View details Pay Rank By Title #403 View more
Terrance R. Dolan
Vice Chair and Chief Administration Officer
Total Compensation $7,898,727 View details Pay Rank By Title #9 View more
Gunjan Kedia
President
Total Compensation $9,912,342 View details Pay Rank By Title #71 View more
Shailesh M. Kotwal
Vice Chair, Payment Services
Total Compensation $7,070,049 View details Pay Rank By Title #12 View more
Timothy A. Welsh
Former Vice Chair, Consumer and Business Banking
Total Compensation $7,457,782 View details Pay Rank By Title #10 View more
John C. Stern
Senior Executive Vice President and Chief Financial Officer
Total Compensation $4,828,006 View details Pay Rank By Title #640 View more

The charts on this page feature a breakdown of the total annual pay for the top executives at US BANCORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. US BANCORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. US BANCORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Andrew Cecere
Chairman and Chief Executive Officer
Total Cash $6,329,400 Equity $11,000,024 Other $83,642 $17,413,066
Terrance R. Dolan
Vice Chair and Chief Administration Officer
Total Cash $2,864,725 Equity $4,999,995 Other $34,007 $7,898,727
Gunjan Kedia
President
Total Cash $3,223,037 Equity $6,499,995 Other $189,310 $9,912,342
Shailesh M. Kotwal
Vice Chair, Payment Services
Total Cash $2,574,800 Equity $4,400,009 Other $95,240 $7,070,049
Timothy A. Welsh
Former Vice Chair, Consumer and Business Banking
Total Cash $615,385 Equity $4,999,995 Other $1,842,402 $7,457,782
John C. Stern
Senior Executive Vice President and Chief Financial Officer
Total Cash $2,108,400 Equity $2,700,000 Other $19,606 $4,828,006
For its 2024 fiscal year, US BANCORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Andrew Cecere CEO Pay $19,356,992 Median Employee Pay $90,217 CEO Pay Ratio 215:1
For its 2024 fiscal year, US BANCORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alan B. Colberg Total Cash $312,513
Aleem Gillani Total Cash $272,323
Dorothy Bridges Total Cash $338,013
Elizabeth L. Buse Total Cash $332,513
John P. Wiehoff Total Cash $337,513
Kimberly J. Harris Total Cash $324,013
Kimberly N. Ellison-Taylor Total Cash $308,013
Loretta E. Reynolds Total Cash $318,513
Richard P. McKenney Total Cash $328,513
Roland A. Hernandez Total Cash $344,013
Scott W. Wine Total Cash $319,513
Warner L. Baxter Total Cash $334,513
Yusuf I. Mehdi Total Cash $339,013
Browse Board of Directors By First Name
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Browse Executives by First Name
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Browse Companies by Company Name
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.