Gerald R. Johnson, Jr
2007
In 2007, Gerald R. Johnson, Jr earned a total compensation of $1.5M as Former Chairman of the Board and Chief Executive Officer of Mercantile, and former Chairman of the Board of the Bank at Mercantile Bank, a 172% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $5,381 |
|---|---|
| Option Awards | $10,900 |
| Salary | $232,500 |
| Stock Awards | $6,700 |
| Other | $1,225,340 |
| Total | $1,480,821 |
Johnson received $1.2M in other compensation, accounting for 83% of the total pay in 2007.
Johnson also received $5.4K of change in pension value and nonqualified deferred compensation earnings, $10.9K in option awards, $232.5K in salary and $6.7K in stock awards.
Rankings
In 2007, Gerald R. Johnson, Jr's compensation ranked 3,010th out of 8,700 executives tracked by ExecPay. In other words, Johnson earned more than 65.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,010 out of 8,700 | 65th |
Division Finance, Insurance, And Real Estate | 597 out of 1,930 | 69th |
Major group Depository Institutions | 132 out of 931 | 86th |
Industry group Commercial Banks | 118 out of 793 | 85th |
Industry State Commercial Banks | 44 out of 466 | 91st |
Source: SEC filing on March 19, 2008.
Johnson's colleagues
We found three more compensation records of executives who worked with Gerald R. Johnson, Jr at Mercantile Bank in 2007.