The CEO of SDCCU, Teresa Campbell, earned $11.8 million in total compensation in 2021, according to the credit union's most recently available records.
CEO Compensation Details
Teresa Campbell, who leads the San Diego County Credit Union (SDCCU), has seen a significant increase in her total compensation over the past decade. Her earnings reflect a substantial rise, illustrating the growth in executive pay within the credit union sector.
Here's a breakdown of her compensation over time:
| Year | Total Compensation |
|---|---|
| 2012 | Approximately $1.6 million |
| 2021 | $11.8 million |
This data highlights a remarkable increase in her annual earnings. In just under a decade, her total compensation grew from around $1.6 million in 2012 to $11.8 million by 2021. This represents a substantial rise, underscoring the dynamic landscape of executive remuneration within financial institutions.
Key aspects of this compensation trend include:
- Significant Growth: A nearly seven-fold increase in total compensation over nine years.
- Recent Data: The 2021 figure of $11.8 million represents the most recent publicly available compensation data for the CEO.
Understanding Executive Compensation Trends
Executive compensation in large credit unions like SDCCU can involve various components, including base salary, bonuses, and other benefits. Such compensation structures are often tied to the institution's financial performance, asset growth, and overall success in serving its members. The considerable increase in CEO compensation reflects the evolving scale and complexity of managing major financial organizations.
