Sundar PichaiSundar Pichai earned $164M in 2023
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Clint E. Stein

CEO of Columbia Banking Systems

Born

July 30, 2024 - 0 years ago

Economy Sector

Financial Services

Current Tenure

5 years 1 month (Jan 2020 - Present)

Previous Experience

Unknown

Clint E. Stein is the President and CEO of Columbia Banking Systems, a role he has held since January 2020. Stein has a strong background in banking with over 18 years of experience in finance and accounting. He started his...

Year

2023

Total Compensation

$3.08M

Salary

$1.15M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives, aligning their interests with those of shareholders through performance-based compensation.

Bonus

$1.27M

Board Justification

Based on the 2023 corporate financial and individual performance results, Mr. Stein received a 100% payout on his annual incentive plan opportunity, which was approved by the Board.

Other

$663.99K

Board Justification

Includes various forms of compensation such as 401(k) matching contributions, discretionary contributions, and accrued dividends on unvested Performance Stock Units.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as all performance-based awards are subject to a three-year performance measurement period and vesting is based on performance metrics over that period.

Performance Metrics

The performance metrics considered for Mr. Stein's compensation included Operating PPNR and individual performance goals related to the successful integration of the merger.