Sundar PichaiSundar Pichai earned $164M in 2023
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Andrew J. Harmening

CEO of Associated Banc-Corp

Education

MBA from University of Cincinnati

Field of Expertise

Finance & Banking - Finance

Born

April 28, 1969 - 55 years ago

Economy Sector

Financial Services

Current Tenure

3 years 9 months (Apr 2021 - Present)

Previous Experience

Senior Executive Vice President and Consumer and Business Banking Director at Huntington Bancshares

Andrew J. Harmening has been the President and CEO of Associated Banc-Corp since April 2021. With over 25 years of experience in banking, he previously held key roles at Huntington Bank, where he was the Senior EVP and Consumer and...

Year

2023

Total Compensation

$3.07M

Salary

$1.03M

Board Justification

The compensation program is designed to attract, retain, and reward executives while aligning their interests with long-term shareholder value creation, with a significant portion of compensation tied to performance metrics.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2023.

Other

$101.47K

Board Justification

Other compensation includes employer contributions to the SERP, 401(k) match, financial planning services, and executive physicals.

Restricted Stock

$1.94M(96.54K RSU)

Board Justification

96,543 shares of restricted stock units (RSUs) vested in 2023, valued at $1,939,961 based on the closing price of Associated common stock on the date restrictions lapsed.

Performance Metrics

The performance metrics for 2023 included net income after tax, revenue before long-term credit charge, and operating leverage.