U.S. Bancorp Management
Management criteria checks 2/4
U.S. Bancorp's CEO is Andy Cecere, appointed in Apr 2017, has a tenure of 7.58 years. total yearly compensation is $22.92M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 0.08% of the company’s shares, worth $63.77M. The average tenure of the management team and the board of directors is 5.2 years and 7.1 years respectively.
Key information
Andy Cecere
Chief executive officer
US$22.9m
Total compensation
CEO salary percentage | 5.9% |
CEO tenure | 7.6yrs |
CEO ownership | 0.08% |
Management average tenure | 5.2yrs |
Board average tenure | 7.1yrs |
Recent management updates
Recent updates
U.S. Bancorp: I'm Buying This Undervalued Stock That Just Raised Its Dividend
Oct 14U.S. Bancorp: Share Repurchase Plan, Dovish Fed Give Compelling Arguments To Buy
Sep 20U.S. Bancorp: Get Out Before The Fed Pivot
Jul 23U.S. Bancorp Stock: Multiple Red Flags Make Me Downgrade To Hold
Jul 12U.S. Bancorp Series A Preferred: A Good Source Of Income
Jun 17U.S. Bancorp: Headwinds Persist
Apr 23U.S. Bancorp Stock: An Attractive Income Pick Ahead Of Q1 2024 Earnings
Apr 15U.S. Bancorp: Excessive Premium To Tangible Equity, Growing Loan Loss Risks, And Precarious Deposits
Mar 15Aristotle Capital - U.S. Bancorp: An Attractive Return Profile At Discount To Intrinsic Value
Mar 02U.S. Bancorp: Two Ways To Earn Good Income
Jan 29U.S. Bancorp: Buy The Dip Opportunity (Technical Analysis)
Jan 22U.S. Bancorp Remains A Good Income Play
Jan 09U.S. Bancorp: A Great Time To Exit
Dec 19Finding Diamonds In The Rough: Uncovering Dividend Gems
Dec 15U.S. Bancorp: Balance Sheet Flexibility Creates Opportunity
Nov 29U.S. Bancorp Q3: Growing CRE Headwinds (Rating Downgrade)
Oct 25U.S. Bancorp: Why The Common Is Better Than The Preferreds Despite Their Higher Yield
Oct 19U.S. Bancorp's 6.2% Yield: A Very Attractive Buy Ahead Of Q3
Oct 06CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$5b |
Jun 30 2024 | n/a | n/a | US$5b |
Mar 31 2024 | n/a | n/a | US$5b |
Dec 31 2023 | US$23m | US$1m | US$5b |
Sep 30 2023 | n/a | n/a | US$5b |
Jun 30 2023 | n/a | n/a | US$5b |
Mar 31 2023 | n/a | n/a | US$6b |
Dec 31 2022 | US$16m | US$1m | US$6b |
Sep 30 2022 | n/a | n/a | US$6b |
Jun 30 2022 | n/a | n/a | US$6b |
Mar 31 2022 | n/a | n/a | US$7b |
Dec 31 2021 | US$19m | US$1m | US$8b |
Sep 30 2021 | n/a | n/a | US$7b |
Jun 30 2021 | n/a | n/a | US$7b |
Mar 31 2021 | n/a | n/a | US$6b |
Dec 31 2020 | US$17m | US$1m | US$5b |
Sep 30 2020 | n/a | n/a | US$5b |
Jun 30 2020 | n/a | n/a | US$5b |
Mar 31 2020 | n/a | n/a | US$6b |
Dec 31 2019 | US$19m | US$1m | US$7b |
Sep 30 2019 | n/a | n/a | US$7b |
Jun 30 2019 | n/a | n/a | US$7b |
Mar 31 2019 | n/a | n/a | US$7b |
Dec 31 2018 | US$13m | US$1m | US$7b |
Sep 30 2018 | n/a | n/a | US$7b |
Jun 30 2018 | n/a | n/a | US$6b |
Mar 31 2018 | n/a | n/a | US$6b |
Dec 31 2017 | US$12m | US$942k | US$6b |
Compensation vs Market: Andy's total compensation ($USD22.92M) is above average for companies of similar size in the US market ($USD12.73M).
Compensation vs Earnings: Andy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Andy Cecere (63 yo)
7.6yrs
Tenure
US$22,916,957
Compensation
Mr. Andrew J. Cecere, also known as Andy, has been the Chief Executive Officer of U.S. Bancorp and U.S. Bank National Association since April 18, 2017 and January 19, 2016 respectively and served as their...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 7.6yrs | US$22.92m | 0.080% $ 63.8m | |
President and Vice Chairman of Wealth | less than a year | US$5.75m | 0.015% $ 11.9m | |
Senior Executive VP & CFO | 1.2yrs | US$2.90m | 0.0045% $ 3.6m | |
Chief Administration Officer & Vice Chair | 1.2yrs | US$8.58m | 0.014% $ 11.1m | |
Vice Chairman of Payment Services | 9.7yrs | US$5.41m | 0.0087% $ 7.0m | |
Senior EVP & COO | 1.9yrs | no data | 0.0015% $ 1.2m | |
EVP, Head of Corporate Finance and Director of Investor Relations & Economic Analysis | no data | no data | no data | |
Senior EVP and Chief Information & Technology Officer | 6.2yrs | no data | 0.0042% $ 3.4m | |
Senior EVP & General Counsel | 11.7yrs | no data | 0.013% $ 10.2m | |
Global Chief Communications Officer - Public Affairs & Communications | no data | no data | no data | |
Senior EVP & Chief Human Resources Officer | 4.2yrs | no data | 0.0020% $ 1.6m | |
Senior Vice President | 19.8yrs | no data | no data |
5.2yrs
Average Tenure
59yo
Average Age
Experienced Management: USB's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 7.8yrs | US$22.92m | 0.080% $ 63.8m | |
Member of the Advisory Board & President of Corporate Payment Systems for U.S. Bank | no data | no data | no data | |
Independent Director | 4.8yrs | US$330.02k | 0% $ 0 | |
Independent Director | 8.9yrs | US$322.52k | 0% $ 0 | |
Lead Independent Director | 12.8yrs | US$332.52k | 0% $ 0 | |
Independent Director | 6.1yrs | US$321.02k | 0% $ 0 | |
Independent Director | 7.1yrs | US$303.52k | 0.0013% $ 1.0m | |
Independent Director | 10.1yrs | US$306.02k | 0% $ 0 | |
Independent Director | 6.4yrs | US$337.52k | 0% $ 0 | |
Independent Director | 6.4yrs | US$314.52k | 0% $ 0 | |
Independent Director | 10.3yrs | US$306.02k | 0.0020% $ 1.6m | |
Independent Director | 3.8yrs | US$302.52k | 0% $ 0 |
7.1yrs
Average Tenure
62yo
Average Age
Experienced Board: USB's board of directors are considered experienced (7.1 years average tenure).