How much does the CEO of ASSA ABLOY make?
Executive remuneration for Andy Harmening, serving as the President and Chief Executive Officer of Associated Banc-Corp, reflects leadership in the American regional banking sector. Official corporate proxy statements filed with the Securities and Exchange Commission indicate that his total annual compensation package is valued at approximately 6.35 million US dollars. This executive pay structure is strategically designed, with roughly 17.6 percent comprising a fixed base salary (amounting to 1.12 million US dollars), while the remaining 82.4 percent consists of performance-linked short-term bonuses, company stock awards, and option incentives tied directly to commercial banking asset growth and net interest income performance.
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