Sundar PichaiSundar Pichai earned $164M in 2023
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David W. Kemper

Ex-CEO of Commerce Bancshares

Education

Bachelor's degree from Harvard College

Field of Expertise

Finance & Banking - Finance

Born

October 19, 1952 - 72 years ago

Economy Sector

Financial Services

Tenure

27 years 7 months (Jan 1991 - Aug 2018)

Previous Experience

Chairman and CEO of Commerce Bancshares, Inc.

David W. Kemper has been a significant presence at Commerce Bancshares since he started there in 1991. He's known for his strong background in finance, backed by a Harvard College degree. After nearly three decades as CEO, he stepped down...

Year

2018

Total Compensation

$2.79M

Salary

$845.27K

Board Justification

The Company's compensation philosophy is to provide a total compensation program that is competitive with the market for bank holding companies to attract and retain top performers, aligning interests of executive officers with long-term interests of shareholders.

Bonus

$0.00

Board Justification

David Kemper receives a set amount as an annual bonus without considering the Company Performance Factor.

Other

$180.44K

Board Justification

Other compensation includes 401(k) match, premiums for group term life insurance, and company CERP credits.

Restricted Stock

$1.76M(1.76M RSU)

Board Justification

The vested stock includes restricted stock awards that were granted in previous years and vested in 2018.

Performance Metrics

The performance metrics for determining compensation include net income, revenue, and return on equity.