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 3.42 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 $3.89M. The average tenure of the management team and the board of directors is 5.4 years and 9.9 years respectively.
Key information
Andy Harmening
Chief executive officer
US$4.7m
Total compensation
| CEO salary percentage | 21.7% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.4yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
Associated Banc-Corp: Reset Rate Baby Bonds Offer Good Income
Sep 17Associated Banc-Corp: Despite Recent Weaknesses, This Is Still A Bank To Bank On
Aug 16Associated Banc-Corp: Baby Bond Presents Best Income Option
May 16We Think The Compensation For Associated Banc-Corp's (NYSE:ASB) CEO Looks About Right
Apr 25
Associated Banc-Corp: Don't Bank On More Massive Upside (Rating Downgrade)
Mar 07Is Now The Time To Put Associated Banc-Corp (NYSE:ASB) On Your Watchlist?
Jan 16Associated Banc-Corp: Compelling 8.8% Yielding Baby Bond
Dec 11Associated Banc-Corp: A Great Price For A Stellar Bank
Oct 13If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity
Oct 03Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.21
Aug 28Associated Banc-Corp (NYSE:ASB) Has Announced That It Will Be Increasing Its Dividend To $0.21
Jul 29Associated Banc-Corp: Limited Downside, Strong Upside Potential
Jul 21Do Associated Banc-Corp's (NYSE:ASB) Earnings Warrant Your Attention?
Jun 08Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's
Apr 29Associated Banc-Corp Worth Watching As It Prudently Manages Growth
Feb 09Associated Banc-Corp (NYSE:ASB) Has Affirmed Its Dividend Of $0.21
Feb 05Associated Banc-Corp declares $0.21 dividend
Feb 01If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity
Jan 30Associated Banc-Corp GAAP EPS of $0.70 beats by $0.04, revenue of $289M misses by $57.62M
Jan 26Associated Banc-Corp: Topline Growth To Slow Down But Remain Positive
Jan 18Associated Banc-Corp Is Starting To Convince Its Skeptics Through Good Execution
Oct 26Associated Banc-Corp GAAP EPS of $0.62 beats by $0.03, revenue of $335M beats by $17.73M
Oct 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$177m |
| Mar 31 2024 | n/a | n/a | US$148m |
| Dec 31 2023 | US$5m | US$1m | US$170m |
| Sep 30 2023 | n/a | n/a | US$369m |
| Jun 30 2023 | n/a | n/a | US$382m |
| Mar 31 2023 | n/a | n/a | US$381m |
| Dec 31 2022 | US$6m | US$1m | US$352m |
| Sep 30 2022 | n/a | n/a | US$321m |
| Jun 30 2022 | n/a | n/a | US$312m |
| Mar 31 2022 | n/a | n/a | US$314m |
| Dec 31 2021 | US$11m | US$675k | US$332m |
Compensation vs Market: Andy's total compensation ($USD4.75M) is about average for companies of similar size in the US market ($USD6.73M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
CEO
Andy Harmening (55 yo)
3.4yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$4.75m | 0.12% $ 3.9m | |
| Executive VP & CFO | 2.1yrs | US$1.35m | 0.026% $ 827.2k | |
| Executive VP | 12.4yrs | US$1.25m | 0.087% $ 2.8m | |
| Executive VP | 17.3yrs | US$1.20m | 0.095% $ 3.0m | |
| Executive VP | 13.3yrs | US$1.35m | 0.077% $ 2.5m | |
| Corporate Controller & Chief Accounting Officer | less than a year | no data | 0.0019% $ 59.1k | |
| Executive VP & Chief Information Officer | 1.7yrs | no data | 0.0057% $ 182.7k | |
| VP & Director of Investor Relations | no data | no data | no data | |
| Senior VP | 8.8yrs | no data | no data | |
| Executive VP | 2.2yrs | no data | 0.025% $ 791.3k | |
| Executive VP & Chief Human Resources Officer | 5.4yrs | no data | 0.031% $ 978.7k | |
| Senior VP & Manager of Capital Markets | 16.4yrs | no data | no data |
5.4yrs
Average Tenure
56yo
Average Age
Experienced Management: ASB's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$4.75m | 0.12% $ 3.9m | |
| Director | less than a year | no data | no data | |
| Independent Director | 8.3yrs | US$215.00k | 0.022% $ 692.4k | |
| Independent Director | 17.5yrs | US$215.00k | 0.0059% $ 186.2k | |
| Independent Director | 13.6yrs | US$215.00k | 0.048% $ 1.5m | |
| Independent Chairman of the Board | 13.2yrs | US$306.50k | 0.011% $ 362.9k | |
| Independent Director | 20.4yrs | US$215.00k | 0.0086% $ 271.7k | |
| Independent Director | 9.9yrs | US$205.00k | 0.0034% $ 107.1k | |
| Independent Director | 10.8yrs | US$216.50k | 0.030% $ 956.5k | |
| Independent Director | 7.4yrs | US$205.00k | 0.022% $ 692.4k | |
| Independent Director | 5.4yrs | US$205.00k | 0.0065% $ 205.9k |
9.9yrs
Average Tenure
65yo
Average Age
Experienced Board: ASB's board of directors are considered experienced (9.9 years average tenure).