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U.S. Bancorp's CEO salary and other executives compensation in 2025 was as follows:
CEO/ Executive salary tells one part of the story. Explore Employee Count Trend, Revenue per Employee, and Profit per Employee to understand workforce scale, and employee productivity.
Andrew Cecere Executive Chairman and former Chief Executive Officer, at U.S. Bancorp, received $1.40 M in base salary, $11.00 M in stock award, and $61.88 K in other compensation, making $19.05 M in total compensation in 2025.
The total compensation was -1.47% down from the previous year, 2024.
Gunjan Kedia Chief Executive Officer and President, at U.S. Bancorp, received $1.14 M in base salary, $11.50 M in stock award, and $347.38 K in other compensation, making $16.67 M in total compensation in 2025.
The total compensation was +64.48% up from the previous year, 2024.
Jodi L. Richard Vice Chair and Chief Risk Officer, at U.S. Bancorp, received $800.00 K in base salary, $7.00 M in stock award, and $48.16 K in other compensation, making $10.00 M in total compensation in 2025.
Stephen L. Philipson Vice Chair, Head of Wealth, Corporate, Commercial and Institutional Banking, at U.S. Bancorp, received $725.00 K in base salary, $3.30 M in stock award, and $41.07 K in other compensation, making $6.09 M in total compensation in 2025.
John C. Stern Vice Chair and Chief Financial Officer, at U.S. Bancorp, received $750.00 K in base salary, $3.00 M in stock award, and $40.75 K in other compensation, making $5.77 M in total compensation in 2025.
Elcio R.T. Barcelos Senior Executive Vice President and Chief Human Resources Officer, at U.S. Bancorp, received $675.00 K in base salary, $2.90 M in stock award, and $59.16 K in other compensation, making $5.04 M in total compensation in 2025.
| Executive | 2025 | 2024 | 2023 |
|---|---|---|---|
|
Andrew Cecere Executive Chairman and former Chief Executive Officer
|
$19.05 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | $1.40 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | $1.51 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | $61.88 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | $11.00 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Gunjan Kedia Chief Executive Officer and President
|
$16.67 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | $1.14 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | $3.23 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | $347.38 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | $11.50 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Jodi L. Richard Vice Chair and Chief Risk Officer
|
$10.00 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | $800.00 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | $1.90 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | $48.16 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | $7.00 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Stephen L. Philipson Vice Chair, Head of Wealth, Corporate, Commercial and Institutional Banking
|
$6.09 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | $725.00 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | $1.71 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | $41.07 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | $3.30 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
John C. Stern Vice Chair and Chief Financial Officer
|
$5.77 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | $750.00 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | $1.78 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | $40.75 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | $3.00 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Elcio R.T. Barcelos Senior Executive Vice President and Chief Human Resources Officer
|
$5.04 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | $675.00 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | $1.28 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | $59.16 K | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | $2.90 M | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Andrew Cecere Chairman and Chief Executive Officer
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Gunjan Kedia President
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Terrance R. Dolan Vice Chair and Chief Administration Officer
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Terrance R. Dolan Former Vice Chair and Chief Administration Officer
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Timothy A. Welsh Former Vice Chair, Consumer and Business Banking
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Shailesh M. Kotwal Vice Chair, Payment Services
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
John C. Stern Senior Executive Vice President and Chief Financial Officer
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Andrew Cecere Chairman, President and Chief Executive Officer
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Jeffry H. von Gillern Former Vice Chair, Technology and Operations Services
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Gunjan Kedia Vice Chair, Wealth, Corporate, Commercial and Institutional Banking
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
|
Timothy A. Welsh Vice Chair, Consumer and Business Banking
|
- | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Base Salary | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Incentive Plan Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| All Other Compensation | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
| Stock Award | - | โขโขโขโขโขโขโขโข | โขโขโขโขโขโขโขโข |
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