In 2023, Andrew J. Harmening earned $3.07M in total compensation at Associated Banc-Corp, including $1.03M salary and $1.94M in stock. Most recently acquired 71,982 shares in Mar 2025. Currently holds stock worth $11.17M. 4+ years at the helm of Associated Banc-Corp.
Compensation History
Annual executive compensation data for Andrew J. Harmening, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.07M
Salary
$1.03M
Bonus
$0.00
Other
$101.47K
Salary
$1.03MBoard 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
$0.00Board Justification
No cash bonus was awarded for 2023.
Other Compensation
$101.47KBoard Justification
Other compensation includes employer contributions to the SERP, 401(k) match, financial planning services, and executive physicals.
Restricted Stock
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.
Andrew J. Harmening
CEO of Associated Banc-Corp
Education
MBA from University of Cincinnati
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
April 28, 1969 - 56 years ago
CEO of Associated Banc-Corp for
4 years 7 months (Apr 2021 - Present)
Previous Experience
Senior Executive Vice President and Consumer and Business Banking Director at Huntington Bancshares
Other Associated Banc-Corp CEOs
Holdings
Track Andrew J. Harmening's stock holdings and portfolio value over time.
Total Stock Sold
$1.17M
$1.17M
51,352 ASB shares
What if they kept their stock?
If Andrew J. Harmening didn't sell their stock, today they would have:
Extra ASB51,352 shares worth $1.34M.
This is 14.21% and $166.89K more than what they got when they sold the stock.
Insider Trading
Andrew J. Harmening's recent stock transactions, purchases, and sales filed with the SEC.
$1.54M
ASB at $21.45/share
Mar 10, 2025
Received
56,610 shares
ASB
Jan 29, 2025
Received
$918.85K
ASB at $20.70/share
Mar 13, 2024
Received
30,592 shares
ASB
Jan 30, 2024
Received
$99.79K
ASB at $20.58/share
Mar 9, 2023
Purchase
29,314 shares
ASB
Jan 30, 2023
Received
25,593 shares
ASB
Jan 25, 2022
Received
$1.18M
ASB at $22.90/share
Jun 2, 2021
Sale
$7.81M
ASB at $21.66/share
Apr 28, 2021
Received
43,757 shares
HBAN
May 1, 2020
Received
Rivals
Compare Andrew J. Harmening with competitor CEOs and industry peers.
Curtis J. Myers
CEO of Fulton Financial
2023 Compensation
Stock
$655.98K
Salary
$850.00K
Bonus
$382.50K
Other
$122.18K
Total Holdings
$18.45M
Timothy S. Crane
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2023 Compensation
Stock
$276.30K
Salary
$1.00M
Bonus
$1.14M
Other
$33.85K
Total Holdings
$10.29M
Chang M. Liu
CEO of Cathay General Bancorp
2023 Compensation
Stock
$5.13M
Salary
$920.00K
Bonus
$784.60K
Other
$16.50K
Total Holdings
$17.71M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Joseph S. Exnicios
CEO of Hancock Whitney Corporation
2023 Compensation
Stock
$265.86K
Salary
$553.84K
Bonus
$383.43K
Other
$67.08K
Total Holdings
$1.50K