Kenneth Lee Salazar
U.S. Ambassador to Mexico
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $5.8 M - $21.1 M
Salary
  • salary
    Unknown
Employment
  • Started 08/11/2021

Financial Disclosure Details - OGE Form 278e (07/22/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Washington, District of Columbia
Partner/Senior Partner
8/2021
2
Minneapolis, Minnesota
Board of Directors
8/2021
3
Rochester, Minnesota
Public Trustee
8/2021
4
Conejos County, Colorado
Managing Member
8/2021
5
Bilbao, Spain, Outside U.S.
U.S. Expert
8/2021

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Wilmer Cutler Pickering Hale & Dorr LLP
1.1
Wilmer Cutler Pickering Hale & Dorr, LLP
Salary
$497,803
1.2
Wilmer Cutler Pickering Hale & Dorr LLP
Partnership Share
$3,675,733
1.3
Wilmer Cutler Pickering Hale & Dorr LLP Capital Account
None (or less than $1,001)
Interest
$50,001 - $100,000
2
Target Corporation
2.1
Target Corporation - Director Cash Fees
Director Fee Cash Payment
$110,415
2.2
Target Corporation - Unvested RSUs - Director Fees
RSU buyout
$5,455,157
2.3
Target Corporation - Unvested Stock Options - Director Fees
Stock options buyout
$653,869
3
US Bank IRA
3.1
US Bank Money Market Account
$50,001 - $100,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Washington, District of Columbia
Resigned from firm August 2021. Fixed compensation for year up to resignation totaled $497,803. Capital accounts liquidated upon resignation.
6/2013
2
Washington, District of Columbia
Lump sum distribution from this defined benefit plan and 401(k) received upon resignation from the firm and rolled into a retirement account with Citibank IRA.
6/2013
3
Minneapolis, Minnesota
Pursuant to the by-laws governing the Board of Directors, resigned from the board August 2021. Upon departure from the Board, Target purchased the RSUs and Stock Options.
9/2013
4
Washington, District of Columbia
Pursuant to the partnership agreement, upon resignation, I received a lump-sum payment of my capital account. This payment was calculated as of the date of my withdrawal.
6/2013

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
Nothing reported in this section

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
USPBGC-Mexicana Airlines, defined benefit plan (value not readily ascertainable)
Spouse receives monthly payments.
2
Bequest from Estate
$250,001 - $500,000
$29,087

Other Assets and Income

#
Description
Value
Type
Amount
1
US Bank #1 (cash account)
$1,001 - $15,000
None (or less than $201)
2
US Bank #2 (cash account)
$50,001 - $100,000
None (or less than $201)
3
US Bank #3 (cash account)
$50,001 - $100,000
None (or less than $201)
4
US Bank #4 (cash account)
$100,001 - $250,000
None (or less than $201)
5
US Bank #5 (cash account)
$1,001 - $15,000
None (or less than $201)
6
US Bank #6 (cash account)
$15,001 - $50,000
None (or less than $201)
7
US Bank #7 (cash account)
$100,001 - $250,000
None (or less than $201)
8
US Bank #8 (cash account)
$15,001 - $50,000
None (or less than $201)
9
US Bank #9 (cash account)
$100,001 - $250,000
None (or less than $201)
10
US Bank #10 (cash account)
$15,001 - $50,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Citibank-
$100,001 - $250,000
2018
5 years
2
Citibank
$100,001 - $250,000
2019
5 years
3
Citibank
$250,001 - $500,000
2017
Matures April 30, 2023
4
Alamosa State Bank
$500,001 - $1,000,000
2016
15 years
5
Alamosa State Bank
$250,001 - $500,000
2018
25 years
6
PennyMac
$100,001 - $250,000
2015
15 years
7
Wells Fargo
$15,001 - $50,000
2020
LOC--Open Ended
8
Reyes Garcia, Lana Garcia, and Tania Garcia
$500,001 - $1,000,000
2019
5 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
5
2
Filer's spouse is the owner of a mortgage note that was passed down to her through her father's estate upon his passing. The reported value reflects the value of the total mortgage, and the income amount reflects the payments received by the filer's spouse on this mortgage during the reporting period.

Do you have information about Kenneth Lee Salazar that is missing from this database?

Drop us a line at info@insidebidensbasement.org.

We want your help. If you have any additional information about an appointee that is or isn’t in our database, or any corrections, let us know via email at info@insidebidensbasement.org .

© 2024 Biden's Basement. All rights reserved