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CompBrief
Fiscal year 2023

Bruce Lee — FY2023 total compensation $2,802,714

Bruce Lee is President and Chief Executive Officer of Heartland Financial USA Inc (HTLF). The company reported total compensation of $2,802,714 for fiscal year 2023.

01

Fiscal year 2023 compensation

Salary$887,500
Bonus$0
Stock awards$1,351,103
Option awards$0
Non-equity incentive plan$386,055
Pension and non-qualified deferred compensation$0
All other compensation$178,056
Total$2,802,714

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Heartland Financial USA Inc filed April 9, 2024, accession 0000920112-24-000086.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2023President and Chief Executive Officer$887,500$0$1,351,103$0$386,055$0$178,056$2,802,714
FY2022President and Chief Executive Officer$850,000$0$1,286,285$0$794,385$0$125,208$3,055,878
FY2021President and Chief Executive Officer$825,000$0$1,224,086$0$688,567$0$114,637$2,852,290

Totals as disclosed in each year's own compensation disclosure for Heartland Financial USA Inc.

03

Peer context

Peer-group chief executive median$3,813,098
Difference from that median$-1,010,384
Percentile within the disclosed peer group5th
Peers with a disclosed figure22

Medians and percentiles are computed across the peer group Heartland Financial USA Inc discloses in its own compensation disclosure.

04

The other named executive officers of Heartland Financial USA Inc

Named executive officerRoleFY2023 total
Bruce Lee this pagePresident and Chief Executive Officer$2,802,714
Kevin QuinnExecutive Vice President and Chief Banking Officer$1,072,936
Bryan McKeagExecutive Vice President and Chief Financial Officer$1,057,968
David PrinceExecutive Vice President and Chief Commercial Officer$972,542
Jay KimExecutive Vice President, General Counsel, Chief Administrative Officer$869,158

The company's named executive officers for fiscal year 2023, and what it reported for each. See the full Heartland Financial USA Inc compensation brief.

05

The company page

Bruce Lee's compensation sits inside Heartland Financial USA Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Heartland Financial USA Inc (HTLF) compensation brief