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 7.08 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 $51.89M. The average tenure of the management team and the board of directors is 4.7 years and 6.6 years respectively.
Key information
Andy Cecere
Chief executive officer
US$22.9m
Total compensation
CEO salary percentage | 5.9% |
CEO tenure | 7.1yrs |
CEO ownership | 0.08% |
Management average tenure | 4.7yrs |
Board average tenure | 6.6yrs |
Recent management updates
Recent updates
U.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 06U.S. Bancorp: High-Quality Bank, With Tempting Dividend Yield At Steep Discount
Sep 21U.S. Bancorp (NYSE:USB) Will Pay A Dividend Of $0.48
Sep 16U.S. Bancorp: 5% Dividend Yield And A Strong Buy Opportunity
Aug 22U.S. Bancorp Nearing Fair Value - Hold
Aug 10U.S. Bancorp: Not Priced For A Recession Yet, Slow Recovery Likely
Jul 20U.S. Bancorp: The Fed Just Sent Another Strong Buy Signal
Jul 06U.S. Bancorp: Bearish Hedge Funds, Bullish Insiders, Shares Undervalued
Jun 30U.S. Bancorp: A Surging Floating Yield With The Preferreds For 71 Cents On The Dollar
Jun 22U.S. Bancorp: Still Severely Overvalued
May 30CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 ($USD13.62M).
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 (62 yo)
7.1yrs
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 | 7.1yrs | US$22.92m | 0.080% $ 51.9m | |
President and Vice Chairman of Wealth | no data | US$5.75m | 0.014% $ 9.1m | |
Senior Executive VP & CFO | less than a year | US$2.90m | 0.0045% $ 3.0m | |
Chief Administration Officer & Vice Chair | less than a year | US$8.58m | 0.014% $ 9.1m | |
Vice Chairman of Payment Services | 9.2yrs | US$5.41m | 0.011% $ 7.1m | |
Vice Chairman of Consumer & Business Banking | 6.8yrs | US$5.54m | 0.0060% $ 3.9m | |
Senior EVP & COO | 1.4yrs | no data | 0.0015% $ 956.3k | |
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 | 5.7yrs | no data | 0.0042% $ 2.8m | |
Senior EVP & General Counsel | 11.2yrs | no data | 0.013% $ 8.3m | |
Global Chief Communications Officer - Public Affairs & Communications | no data | no data | no data | |
Senior EVP & Chief Human Resources Officer | 3.7yrs | no data | 0.0020% $ 1.3m |
4.7yrs
Average Tenure
58yo
Average Age
Experienced Management: USB's management team is considered experienced (4.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 7.3yrs | US$22.92m | 0.080% $ 51.9m | |
Member of the Advisory Board & President of Corporate Payment Systems for U.S. Bank | no data | no data | no data | |
Independent Director | 4.3yrs | US$330.02k | 0% $ 0 | |
Independent Director | 8.4yrs | US$322.52k | 0% $ 0 | |
Lead Independent Director | 12.3yrs | US$332.52k | 0% $ 0 | |
Independent Director | 5.6yrs | US$321.02k | 0% $ 0 | |
Independent Director | 6.6yrs | US$303.52k | 0.0013% $ 832.7k | |
Independent Director | 9.6yrs | US$306.02k | 0% $ 0 | |
Independent Director | 5.9yrs | US$337.52k | 0% $ 0 | |
Independent Director | 5.9yrs | US$314.52k | 0% $ 0 | |
Independent Director | 9.8yrs | US$306.02k | 0.0020% $ 1.3m | |
Independent Director | 3.3yrs | US$302.52k | 0% $ 0 |
6.6yrs
Average Tenure
61yo
Average Age
Experienced Board: USB's board of directors are considered experienced (6.6 years average tenure).