Associated Banc-Corp

NYSE:ASB Stock Report

Market Cap: US$4.3b

Associated Banc-Corp Management

Management criteria checks 4/4

Associated Banc-Corp's CEO is Andy Harmening, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is $4.75M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $5.23M. The average tenure of the management team and the board of directors is 5.6 years and 10.1 years respectively.

Key information

Andy Harmening

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage21.7%
CEO tenure3.6yrs
CEO ownership0.1%
Management average tenure5.6yrs
Board average tenure10.1yrs

Recent management updates

Recent updates

Associated Banc-Corp (NYSE:ASB) Will Pay A Larger Dividend Than Last Year At $0.23

Nov 16
Associated Banc-Corp (NYSE:ASB) Will Pay A Larger Dividend Than Last Year At $0.23

Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.23

Nov 02
Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.23

Associated Banc-Corp: Reset Rate Baby Bonds Offer Good Income

Sep 17

Associated Banc-Corp: Despite Recent Weaknesses, This Is Still A Bank To Bank On

Aug 16

Associated Banc-Corp: Baby Bond Presents Best Income Option

May 16

We Think The Compensation For Associated Banc-Corp's (NYSE:ASB) CEO Looks About Right

Apr 25
We Think The Compensation For Associated Banc-Corp's (NYSE:ASB) CEO Looks About Right

Associated Banc-Corp: Don't Bank On More Massive Upside (Rating Downgrade)

Mar 07

Is Now The Time To Put Associated Banc-Corp (NYSE:ASB) On Your Watchlist?

Jan 16
Is Now The Time To Put Associated Banc-Corp (NYSE:ASB) On Your Watchlist?

Associated Banc-Corp: Compelling 8.8% Yielding Baby Bond

Dec 11

Associated Banc-Corp: A Great Price For A Stellar Bank

Oct 13

If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity

Oct 03
If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity

Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.21

Aug 28
Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.21

Associated Banc-Corp (NYSE:ASB) Has Announced That It Will Be Increasing Its Dividend To $0.21

Jul 29
Associated Banc-Corp (NYSE:ASB) Has Announced That It Will Be Increasing Its Dividend To $0.21

Associated Banc-Corp: Limited Downside, Strong Upside Potential

Jul 21

Do Associated Banc-Corp's (NYSE:ASB) Earnings Warrant Your Attention?

Jun 08
Do Associated Banc-Corp's (NYSE:ASB) Earnings Warrant Your Attention?

Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's

Apr 29
Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's

CEO Compensation Analysis

How has Andy Harmening's remuneration changed compared to Associated Banc-Corp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$182m

Jun 30 2024n/an/a

US$177m

Mar 31 2024n/an/a

US$148m

Dec 31 2023US$5mUS$1m

US$170m

Sep 30 2023n/an/a

US$369m

Jun 30 2023n/an/a

US$382m

Mar 31 2023n/an/a

US$381m

Dec 31 2022US$6mUS$1m

US$352m

Sep 30 2022n/an/a

US$321m

Jun 30 2022n/an/a

US$312m

Mar 31 2022n/an/a

US$314m

Dec 31 2021US$11mUS$675k

US$332m

Compensation vs Market: Andy's total compensation ($USD4.75M) is about average for companies of similar size in the US market ($USD6.60M).

Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.

CEO

Andy Harmening (55 yo)

3.6yrs

Tenure

US$4,746,721

Compensation

Mr. Andrew John Harmening, also known as Andy, serves as President, Chief Executive Officer and Director at Associated Banc-Corp since April 28, 2021. He has been President and Chief Executive Officer at A...

Leadership Team

NamePositionTenureCompensationOwnership
Andrew Harmening
President3.6yrsUS$4.75m0.12%
$ 5.2m
Derek Meyer
Executive VP & CFO2.3yrsUS$1.35m0.026%
$ 1.1m
Randall Erickson
Executive VP12.6yrsUS$1.25m0.072%
$ 3.1m
David Stein
Executive VP17.4yrsUS$1.20m0.095%
$ 4.1m
John Utz
Executive VP13.4yrsUS$1.35m0.077%
$ 3.3m
Ryan Beld
Corporate Controller & Chief Accounting Officerless than a yearno data0.0019%
$ 79.2k
Terry Williams
Executive VP & Chief Information Officer1.8yrsno data0.0058%
$ 248.3k
Ben McCarville
VP & Director of Investor Relationsno datano datano data
Anthony Pecora
Senior VP8.9yrsno datano data
Bryan Carson
Executive VP2.3yrsno data0.025%
$ 1.1m
Angie DeWitt
Executive VP & Chief Human Resources Officer5.6yrsno data0.031%
$ 1.3m
Donald Lloyd
Senior VP & Manager of Capital Markets16.6yrsno datano data

5.6yrs

Average Tenure

56yo

Average Age

Experienced Management: ASB's management team is seasoned and experienced (5.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andrew Harmening
President3.6yrsUS$4.75m0.12%
$ 5.2m
Rodney Tyson
Directorless than a yearno datano data
Gale Klappa
Independent Director8.4yrsUS$215.00k0.022%
$ 930.1k
Eileen Kamerick
Independent Director17.7yrsUS$215.00k0.0059%
$ 250.4k
Robert Jeffe
Independent Director13.8yrsUS$215.00k0.047%
$ 2.0m
John Williams
Independent Chairman of the Board13.3yrsUS$306.50k0.011%
$ 487.5k
Karen van Lith
Independent Director20.6yrsUS$215.00k0.0085%
$ 365.1k
Robert Gerken
Independent Director10.1yrsUS$205.00k0.0034%
$ 143.8k
Cory Nettles
Independent Director10.9yrsUS$216.50k0.030%
$ 1.3m
Judith Greffin
Independent Director7.6yrsUS$205.00k0.022%
$ 930.1k
Michael Haddad
Independent Director5.6yrsUS$205.00k0.0065%
$ 276.5k

10.1yrs

Average Tenure

65yo

Average Age

Experienced Board: ASB's board of directors are seasoned and experienced ( 10.1 years average tenure).