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Eric H. Brunngraber served as the CEO of Cass Information Systems, Inc. from 2008 to April 2023, when he officially transitioned to Executive Chairman. With a robust background in finance, he's held numerous roles since joining Cass in 1979, where...

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Eric H. Brunngraber

Ex-CEO of Cass Information Systems

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1956 - 69 years ago

CEO of Cass Information Systems for

15 years 3 months (Jan 2008 - Apr 2023)

Previous Experience

Director of the Company since 2003; CFO since 1997; held numerous positions since employment began in 1979.

Holdings

See how much did Eric H. Brunngraber make over time.

Brunngraber's holdings in Cass Information Systems witnessed significant fluctuations throughout his career. Notably, in September 2019, his insider trading peaked at an impressive $4.89 million. Over the years, his holdings showed a gradual increase, with reported values ranging between $4.08...

Total Stock Sold

$1.80M

CASS

$1.80M

62,050.8 CASS shares

What if they kept their stock?

If Eric H. Brunngraber didn't sell their stock, today they would have:
Extra CASS62,050.8 shares worth $2.11M.
This is 17.02% and $306.80K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Eric H. Brunngraber.

CASS

24,144 shares

CASS

Jan 25, 2024

Received

CASS

8,667 shares

CASS

Jan 30, 2023

Received

CASS

8,846 shares

CASS

Jan 26, 2023

Received

CASS

15,469 shares

CASS

Jan 27, 2022

Received

CASS

18,335 shares

CASS

Jan 29, 2021

Received

CASS

17,183 shares

CASS

Jan 31, 2020

Received

CASS

6,519 shares

CASS

Feb 1, 2019

Received

CASS

5,265 shares

CASS

Feb 1, 2018

Received

CASS

$205.17K

CASS at $62.78/share

Dec 13, 2017

Sale

CASS

4,530 shares

CASS

Feb 2, 2017

Received

Compensation History

See how much did Eric H. Brunngraber make over time.

Eric H. Brunngraber's compensation reflected the company's performance-focused philosophy over the years. In his last year as CEO, he earned about $954,550, including a base salary of $638,069 and a bonus related to profit-sharing based on the company's net income. His highest compensation was approximately $3.15 million in 2020, a year that showcased a strong performance from Cass. This emphasis on performance metrics aligns with their established goals, ensuring that CEO pay was intrinsically linked to company performance, such as return on equity and net income growth. Brunngraber's total compensation not only accounted for salary and bonuses but also considered long-term incentives aimed at retaining top talent and rewarding long-term success.

Year

2023

Total Compensation

$1.55M

Salary

$638.07K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the company's profitability and long-term shareholder interests.

Bonus

$74.20K

Board Justification

The profit-sharing bonus is based on a pool of funds set at 22.5% of net income after taxes, with the CEO eligible to receive up to 4.9% of the total pool depending on the change in NIAT.

Other

$97.48K

Board Justification

Includes matching contributions to the 401(k) plan, auto allowance, club membership, and dividends paid or accrued on time-based restricted stock.

Restricted Stock

$739.26K(15.33K restricted stock)

Board Justification

Time-based restricted stock that vested in 2023, reflecting the performance-based LTIC awards granted in prior years.

Performance Metrics

The performance metrics include net income growth, return on equity (ROE), and diluted earnings per share (EPS) growth.

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