Associated Bank Executive Compensation
ASB · Finance · FY2025 Data
Total Exec Pay FY2025
$14.1M
Highest Paid Executive
$6.4M
💰 How does your salary compare?
See how you rank against the world's top executives — free, instant, SEC-backed data
Try it →
Data available:FY2025FY2024FY2023
Named Executive Officers — FY2025
FY2025$600,000$659,994$1.9M John A. Utz
Executive Vice President Head of Specialized Industries Capital Markets and Milwaukee Market President
FY2025$498,000$497,988$1.5M FY2025$262,500$605,080$1.4M David L. Stein
Executive Vice President Head of Consumer Business Banking and Madison Market President
Compensation Analysis
Computed directly from SEC-sourced figures tracked on this page — not a general description.
Associated Bank discloses FY2025 compensation for 6 named executive officers, totaling $14.1M. Andrew J. Harmening, the President and CEO, accounts for 45% of that combined total.
Andrew J. Harmening's total compensation rose 16% year-over-year, from $5.5M in FY2024 to $6.4M in FY2025.
Cash compensation (salary plus bonus) made up 25% of Associated Bank's FY2025 tracked executive pay, with stock awards accounting for 40%. That's notably more stock-weighted than the typical Finance company in this dataset, where stock awards average 0% of tracked pay.
Among 115 other Finance companies in this dataset, Associated Bank's combined tracked executive pay of $14.1M ranks in the 57th percentile (industry median: $9.1M). Its highest-paid executive, Andrew J. Harmening, ranks in the 55th percentile for top-executive pay in the sector (industry median: $4.6M).
Historical Compensation Data
FY2025$600,000$659,994$1.9M FY2025$490,000$538,966$1.6M FY2025$498,000$497,988$1.5M FY2025$262,500$605,080$1.4M FY2024$550,000$604,997$1.7M FY2024$490,000$538,980$1.5M FY2024$480,000$479,980$1.4M FY2024$435,000$478,472$1.3M Data Source: Compensation figures are sourced from Associated Bank's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect the most recently available fiscal year per executive.
See something wrong? Report it.