After a strong year for Stifel Financial, Chief Executive Ron Kruszewski's compensation rose 50% to $8.2 million.
The St. Louis investment firm boosted earnings per share 18% last year and its stock price rose 46%.
In a filed April 3, Stifel discloses that Kruszewski received a $6.7 million bonus last year, up from $4.0 million in 2018. He also received a $200,000 salary, an amount that has not changed since he joined the firm in 1997, and $1 million worth of performance-linked stock.
Kruszewski's perquisites included a $25,000 "non-accountable expense allowance" and $18,719 worth of personal flights on company planes. The expense allowance has been eliminated for 2020.
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Stifel awarded Kruszewski $1.75 million in performance-related shares early in 2020, based on 2019 performance. The way the compensation committee looks at the numbers, that brings Kruszewski's total pay for 2019 to $10 million. Under Securities and Exchange Commission rules, however, that stock award counts as 2020 pay.
Stifel shares have fallen along with the broader market, losing 32% of their value since Jan. 1.
Kruszewski earned 84 times as much as the median Stifel employee. The company calculated median pay of $97,326 for 9,960 employees.
Here's what St. Louis CEOs earned in 2018:
Meet the top-paid CEOs in St. Louis
29. Allied Healthcare Products Inc.

28. Peak Resorts

27. Reliv International

26. Avadel Pharmaceuticals

25. Enterprise Financial Services Corp.

24. Huttig Building Products, Inc.

23. Foresight Energy

22. Cass Information Systems

21. Build-A-Bear Workshop

20. Commerce Bancshares (John W. Kemper)

Read more about John Kemper's transition to CEO.
(Slide edited to correct decrease from last year's pay.)
19. Aegion Corporation

18. Esco Technologies Inc.

17. Spire

16. Commerce Bancshares (David Kemper)

15. Perficient

13. Edgewell Personal Care Co.

Edgewell Personal Care Co. is on the Fortune 1,000. It now has a new CEO and has shifted its headquarters to Connecticut.
12. Belden

Belden is on the Fortune 1,000. Read more about John Stroup's pay.
11. Olin

Olin is on the Fortune 500.ÌýRead more details about John Fischer's pay.
10. Reinsurance Group

Reinsurance Group is on the Fortune 500 list. Read more about Anna Manning's pay.
9. Energizer

8. Peabody Energy

Peabody is on the Fortune 500.ÌýRead more details about Glenn Kellow's pay.
7. Caleres

Caleres is on the Fortune 1,000. Read more about Diane Sullivan's pay.
6. Ameren

Ameren is on the Fortune 500 list. Read more details about Warner Baxter's pay.
(Slide edited to correct ratio of CEO pay to median pay.)
5. Arch Coal

Arch Coal is on the Fortune 1,000.ÌýRead more about John Eaves' pay.
4. Post Holdings

3. Mallinckrodt

Mark Trudeau, Mallinckrodt's CEO, has moved out of state in a restructuring of the company. Read more details about Trudeau's pay.
2. Emerson

Emerson is on the Fortune 500 list. Read more details about David Farr's pay.
1. Centene

Centene is on the Fortune 500 list. Read more details about Michael Neidroff's pay.