Edward J. Merritt
2015
In 2015, Edward J. Merritt earned a total compensation of $823.2K as Executive Vice President, Business Development and Community Reinvestment at Meridian Bancorp, a 78% increase compared to previous year.
Compensation breakdown
| Bonus | $97,091 |
|---|---|
| Option Awards | $125,249 |
| Salary | $323,636 |
| Stock Awards | $196,520 |
| Other | $80,718 |
| Total | $823,214 |
Merritt received $323.6K in salary, accounting for 39% of the total pay in 2015.
Merritt also received $97.1K in bonus, $125.2K in option awards, $196.5K in stock awards and $80.7K in other compensation.
Rankings
In 2015, Edward J. Merritt's compensation ranked 8,846th out of 13,638 executives tracked by ExecPay. In other words, Merritt earned more than 35.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,846 out of 13,638 | 35th |
Division Finance, Insurance, And Real Estate | 1,691 out of 2,966 | 43rd |
Major group Depository Institutions | 445 out of 1,316 | 66th |
Industry group Commercial Banks | 384 out of 1,038 | 63rd |
Industry National Commercial Banks | 169 out of 343 | 51st |
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 2015.