A. Scott Anderson, born in 1961, has led Zions Bancorporation since 2015. He graduated from the University of Utah and has expertise in banking, having worked in various roles at the bank for over three decades. Under his leadership, the...

A. Scott Anderson, born in 1961, has led Zions Bancorporation since 2015. He graduated from the University of Utah and has expertise in banking, having worked in various roles at the bank for over three decades. Under his leadership, the company has focused on performance-based compensation, aligning executive pay with shareholder interests. In 2023, his total compensation was $1.7 million, which included a base salary of $632,135 and a significant portion from vested stock units. Notably, Anderson's stock holdings have fluctuated, peaking in value at over $2 million in 2021 before decreasing. He will retire in 2024 after a long career with Zions, transitioning to the role of non-executive chairman. His journey reflects a commitment to financial management, strategic leadership, and effective risk management, key skills in the banking world.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Zions Bancorporation CEOs

Z

A. Scott Anderson

Ex-CEO of Zions Bancorporation

Education

Bachelor's degree from the University of Utah.

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

Born

January 1, 1961 - 64 years ago

CEO of Zions Bancorporation for

8 years 10 months (May 2015 - Apr 2024)

Previous Experience

Served as President and CEO of Zions Bank, and held various executive roles since 1998.

Rivals

Competitors/colleagues of A. Scott Anderson

C

John F. Woods

CEO of Citizens Financial Group

2023 Compensation

Stock

$150.00K

Salary

$950.00K

Bonus

$300.00K

Other

$100.00K

Total Holdings

$13.28M

E

Dominic Ng

CEO of East-West Bancorp

2023 Compensation

Stock

$4.75M

Salary

$1.28M

Bonus

$2.22M

Other

$119.74K

Total Holdings

$85.15M

H

Zachary J. Wasserman

CEO of Huntington Bancshares

2022 Compensation

Stock

$0.00

Salary

$1.10M

Bonus

$0.00

Other

$474.99K

Total Holdings

$4.47M

F

Timothy N. Spence

CEO of Fifth Third Bank

2023 Compensation

Stock

$1.99M

Salary

$1.03M

Bonus

$0.00

Other

$356.32K

Total Holdings

$3.09M

C

Bruce Van Saun

CEO of Citizens Financial Group

2023 Compensation

Stock

$1.50M

Salary

$1.20M

Bonus

$300.00K

Other

$200.00K

Total Holdings

$50.98M

Holdings

See how much did A. Scott Anderson make over time.

Scott Anderson's stock holdings saw significant changes over the years. He had his highest reported holdings in 2021, with stock valued at approximately $2.01 million. Since then, his holdings have fluctuated, likely reflecting shifts in market conditions and personal decisions....

Scott Anderson's stock holdings saw significant changes over the years. He had his highest reported holdings in 2021, with stock valued at approximately $2.01 million. Since then, his holdings have fluctuated, likely reflecting shifts in market conditions and personal decisions. As of 2023, his holdings have decreased, nearing $700,000. This drop reflects a broader trend where insider holdings in bank stocks can vary greatly based on both market conditions and individual selling activity. Notably, in September 2019, his holdings were valued at around $1.24 million, gradually increasing until 2021. The fluctuations in his stock holdings are typical for someone in his position, indicating both financial maneuvering and market response to the bank's performance.

Mar 18, 2025

M

shares

MMSI @ $99.95

Z

shares

ZION @ $48.23

Total Stock Sold

$12.61M

ZION

$6.46M

131,969 ZION shares

MMSI

$6.15M

137,797 MMSI shares

What if they kept their stock?

If A. Scott Anderson didn't sell their stock, today they would have:
Extra ZION131,969 shares worth $4.09M and MMSI137,797 shares worth $4.76M.
This is -29.81% and $3.76M less than what they got when they sold the stock.

Charitable Transactions

ZION

30,698 shares

ZION

MMSI

11,820 shares

MMSI

Recent Charitable Transactions

MMSI

2,820 shares

MMSI

Aug 14, 2023

Charity

MMSI

3,000 shares

MMSI

Mar 6, 2023

Charity

MMSI

3,000 shares

MMSI

Dec 31, 2022

Charity

MMSI

3,000 shares

MMSI

Dec 31, 2022

Charity

ZION

2,375 shares

ZION

Nov 8, 2021

Charity

ZION

3,000 shares

ZION

Nov 6, 2020

Charity

Insider Trading

See recent insider trades of A. Scott Anderson.

ZION

$391.16K

ZION at $41.24/share

Feb 12, 2024

Received

ZION

$391.16K

ZION at $41.24/share

Feb 12, 2024

Received

ZION

$32.65K

ZION at $39.24/share

Feb 6, 2024

Sale

ZION

$181.12K

ZION at $44.25/share

Jan 26, 2024

Sale

ZION

$9.81K

ZION at $38.32/share

Dec 19, 2023

Sale

MMSI

2,820 shares

MMSI

Aug 14, 2023

Charity

MMSI

$1.54M

MMSI at $69.40/share

Aug 9, 2023

Sale

MMSI

2,262 shares

MMSI

May 18, 2023

Received

MMSI

3,000 shares

MMSI

Mar 6, 2023

Charity

MMSI

$1.00M

MMSI at $66.74/share

Mar 6, 2023

Sale

Compensation History

See how much did A. Scott Anderson make over time.

In 2023, A. Scott Anderson's total compensation reached $1.7 million. His base salary was $632,135, with a significant bonus of $338,000 based on performance metrics. Included in his compensation were vested stock units valued at $1,169,273, highlighting the importance of stock performance in executive pay at Zions Bancorporation. His compensation reflects a performance-based structure that aligns his interests with those of the shareholders. Over the years, Anderson's compensation has shown growth, with variables based on bank performance and individual contributions, indicating a strategy to retain and incentivize top talent in a competitive banking sector. Compared to 2021, when his total compensation was nearly $927,765, Anderson’s pay has steadily increased in response to the company’s financial achievements.

Year

2023

Total Compensation

$2.19M

Salary

$632.14K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with shareholder interests, focusing on attracting and retaining talent while managing risk effectively.

Bonus

$338.00K

Board Justification

Annual cash incentive earned in 2023, paid in 2024, based on performance metrics and individual contributions.

Other

$46.95K

Board Justification

Includes matching contributions to the Bank's tax-qualified defined contribution plan and contributions to the non-qualified Excess Benefit Plan.

Restricted Stock

$1.17M(297.36K RSU)

Board Justification

Restricted stock units granted in 2023, vesting 25% per year over four years, with a two-year post-vest holding period.

Performance Metrics

Performance metrics include financial management, strategic leadership, effective risk management, and other role-specific priorities.

Other Zions Bancorporation CEOs

Here are other CEOs of Zions Bancorporation

Harris H. Simmons

CEO of Zions Bancorporation

January 2002 - Invalid Date

Paul E. Burdiss

CEO of Zions Bancorporation

April 2024 - Present