In 2022, Bruce K. Lee earned $2.54M in total compensation at Heartland Financial USA, including $850.00K salary, $794.39K bonus and $774.81K in stock. Most recently acquired 3,000 shares in Aug 2023. 7+ years at the helm of Heartland Financial USA.
Compensation History
Annual executive compensation data for Bruce K. Lee, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.54M
Salary
$850.00K
Bonus
$794.39K
Other
$125.21K
Salary
$850.00KBoard Justification
Compensation levels should be competitive to ensure we attract and retain a highly qualified management team to lead and grow the company, rewarding superior performance and avoiding excessive risks.
Bonus
$794.39KBoard Justification
Annual cash incentive award based on performance standards linked to profitability, credit quality, and loan growth, adjusted by a return on average assets (ROAA) modifier.
Other Compensation
$125.21KBoard Justification
Includes contributions to 401(k), non-qualified deferred compensation plan, executive life insurance premiums, and an auto allowance.
Restricted Stock
Board Justification
Restricted Stock Units (RSUs) that vested in 2022.
Performance Metrics
Annual cash incentive based on adjusted core pre-provision pre-tax net revenue, adjusted noninterest income, non-performing assets to total assets, net charge-offs to average loans, organic loan growth, and qualitative factors.
Bruce K. Lee
CEO of Heartland Financial USA
Education
:null
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of Heartland Financial USA for
7 years 5 months (Jun 2018 - Present)
Previous Experience
Over 30 years in banking, including roles at Fifth Third Bancorp as Executive Vice President and Chief Credit Officer.
Holdings
Track Bruce K. Lee's stock holdings and portfolio value over time.
Insider Trading
Bruce K. Lee's recent stock transactions, purchases, and sales filed with the SEC.
$94.50K
HTLF at $31.50/share
Aug 14, 2023
Purchase
$137.75K
HTLF at $27.55/share
May 9, 2023
Purchase
$91.80K
HTLF at $45.90/share
Aug 23, 2022
Purchase
$99.82K
HTLF at $33.27/share
Mar 17, 2020
Purchase
$15.11K
HTLF at $30.09/share
Jun 30, 2020
Received
$24.96K
HTLF at $44.41/share
Jan 2, 2020
Received
$19.50K
HTLF at $41.75/share
Jan 22, 2019
Received
$24.99K
HTLF at $47.70/share
Jan 18, 2018
Received
$46.45K
HTLF at $46.45/share
May 17, 2017
Received
$35.25K
HTLF at $35.25/share
Aug 24, 2016
Received
Rivals
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