David B. Ramaker
2017
In 2017, David B. Ramaker earned a total compensation of $4.8M as Former President and Chief Executive Officer of Chemical Financial and Chemical Bank at Chemical Financial, a 12% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $592,822 |
|---|---|
| Option Awards | $777,413 |
| Salary | $482,231 |
| Stock Awards | $2,510,265 |
| Other | $472,661 |
| Total | $4,835,392 |
Ramaker received $2.5M in stock awards, accounting for 52% of the total pay in 2017.
Ramaker also received $592.8K of change in pension value and nonqualified deferred compensation earnings, $777.4K in option awards, $482.2K in salary and $472.7K in other compensation.
Rankings
In 2017, David B. Ramaker's compensation ranked 1,990th out of 14,666 executives tracked by ExecPay. In other words, Ramaker earned more than 86.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,990 out of 14,666 | 86th |
Division Finance, Insurance, And Real Estate | 389 out of 3,159 | 88th |
Major group Depository Institutions | 81 out of 1,402 | 94th |
Industry group Commercial Banks | 76 out of 1,112 | 93rd |
Industry State Commercial Banks | 31 out of 736 | 96th |
Source: SEC filing on March 16, 2018.
Ramaker's colleagues
We found five more compensation records of executives who worked with David B. Ramaker at Chemical Financial in 2017.
2017
Thomas Shafer
Chemical Financial
Chief Executive Officer
2017
Dennis Klaeser
Chemical Financial
Chief Financial Officer
2017
David Provost
Chemical Financial
Chief Executive Officer
2017
Gary Torgow
Chemical Financial
Chairman
2017
Robert Rathbun
Chemical Financial