Edward J. Merritt
2016
In 2016, Edward J. Merritt earned a total compensation of $363.1K as Executive Vice President, Business Development and Community Reinvestment at Meridian Bancorp, a 56% decrease compared to previous year.
Compensation breakdown
| Bonus | $82,500 |
|---|---|
| Salary | $250,000 |
| Other | $30,561 |
| Total | $363,061 |
Merritt received $250K in salary, accounting for 69% of the total pay in 2016.
Merritt also received $82.5K in bonus and $30.6K in other compensation.
Rankings
In 2016, Edward J. Merritt's compensation ranked 12,206th out of 14,075 executives tracked by ExecPay. In other words, Merritt earned more than 13.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,206 out of 14,075 | 13th |
Division Finance, Insurance, And Real Estate | 2,498 out of 3,060 | 18th |
Major group Depository Institutions | 978 out of 1,387 | 30th |
Industry group Commercial Banks | 832 out of 1,099 | 24th |
Industry National Commercial Banks | 297 out of 359 | 17th |
Source: SEC filing on April 24, 2017.
Merritt's colleagues
We found four more compensation records of executives who worked with Edward J. Merritt at Meridian Bancorp in 2016.