John Kemper, chief executive of Commerce Bancshares since August 2018, earned $3.7 million in his first full year in the top job.
Commerce disclosed executives' pay details for 2019 in a filed last week. Kemper's compensation included $919,632 in salary, a $749,100 bonus, stock worth $1.5 million and options valued at $399,979.
The bonus was paid at 81% of target value as Commerce fell short of earnings and revenue goals.
Kemper earned 63 times as much as the median Commerce employee. The company calculated median pay of $58,414 for its 4,755 full-time, part-time and seasonal workers.
John Kemper succeeded his father, David Kemper, as CEO in 2018. David Kemper earned $2.15 million last year as the banking company's chairman.
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Commerce's earnings per share grew 2% last year and its share price rose 21%.
Here's what other 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.

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12. Belden

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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

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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

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