Kenneth Lee Salazar
Mexico - Ambassador To The United Mexican States
Observations
- Millionaire
Estimated Net Worth
- $5.8 M - $21.1 M
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. |
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