Gunjan Kedia is Chief Executive Officer and President of U.S. Bancorp (USB). The company reported total compensation of $16,674,515 for fiscal year 2025.
| Salary | $1,141,667 |
|---|---|
| Bonus | $0 |
| Stock awards | $11,499,996 |
| Option awards | $0 |
| Non-equity incentive plan | $3,232,267 |
| Pension and non-qualified deferred compensation | $453,208 |
| All other compensation | $347,377 |
| Total | $16,674,515 |
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 U.S. Bancorp filed March 10, 2026, accession 0001104659-26-025844.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer and President | $1,141,667 | $0 | $11,499,996 | $0 | $3,232,267 | $453,208 | $347,377 | $16,674,515 |
| FY2024 | President | $930,770 | $0 | $6,499,995 | $0 | $2,292,267 | $225,513 | $189,310 | $10,137,855 |
| FY2023 | Vice Chair, Wealth, Corporate, Commercial and Institutional Banking | $725,000 | — | $3,500,000 | — | $1,173,050 | $220,797 | $130,447 | $5,749,294 |
Totals as disclosed in each year's own compensation disclosure for U.S. Bancorp.
| Peer-group chief executive median | $33,711,521 |
|---|---|
| Difference from that median | $-17,037,006 |
| Percentile within the disclosed peer group | 33rd |
| Peers with a disclosed figure | 9 |
Medians and percentiles are computed across the peer group U.S. Bancorp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Andrew Cecere | Executive Chairman and former Chief Executive Officer | $19,054,648 |
| Gunjan Kedia this page | Chief Executive Officer and President | $16,674,515 |
| Jodi Richard | Vice Chair and Chief Risk Officer | $10,004,282 |
| Stephen Philipson | Vice Chair, Head of Wealth, Corporate, Commercial and Institutional Banking | $6,093,143 |
| Terrance Dolan | Former Vice Chair and Chief Administration Officer | $5,965,140 |
| John Stern | Vice Chair and Chief Financial Officer | $5,766,025 |
| Elcio Barcelos | Senior Executive Vice President and Chief Human Resources Officer | $5,038,162 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full U.S. Bancorp compensation brief.
Gunjan Kedia's compensation sits inside U.S. Bancorp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.