Jeffrey G. Ludwig
2021
Compensation breakdown
| Non-Equity Incentive Plan | $615,143 |
|---|---|
| Salary | $572,000 |
| Stock Awards | $372,512 |
| Other | $21,519 |
| Total | $1,581,174 |
Ludwig received $615.1K in non-equity incentive plan, accounting for 39% of the total pay in 2021.
Ludwig also received $572K in salary, $372.5K in stock awards and $21.5K in other compensation.
Rankings
In 2021, Jeffrey G. Ludwig's compensation ranked 7,039th out of 12,415 executives tracked by ExecPay. In other words, Ludwig earned more than 43.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,039 out of 12,415 | 43rd |
Division Finance, Insurance, And Real Estate | 1,088 out of 2,276 | 52nd |
Major group Depository Institutions | 242 out of 1,000 | 76th |
Industry group Commercial Banks | 209 out of 800 | 74th |
Industry State Commercial Banks | 106 out of 512 | 79th |
Pay ratio
| Jeffrey G. Ludwig's Pay | $1,581,174 |
|---|---|
| Median Employee's Pay | $56,630 |
| Pay Ratio | 28to 1 |
In 2021, the annual total compensation of Jeffrey G. Ludwig was $1,581,174.
The annual total compensation of the median employee at Midland States Bancorp was $56,630.
The ratio of Jeffrey G. Ludwig's pay to the pay of median employee was therefore 28 to one.
Ludwig's colleagues
We found four more compensation records of executives who worked with Jeffrey G. Ludwig at Midland States Bancorp in 2021.
2021
Jeffrey Mefford
Midland States Bancorp
President of the Bank
2021
Douglas Tucker
Midland States Bancorp
Senior Vice President and Corporate Counsel
2021
Eric Lemke
Midland States Bancorp
Chief Financial Officer
2021
James Stewart
Midland States Bancorp
Senior Vice President and Chief Risk Officer
News
March 21, 2022
March 22, 2021
March 23, 2020
March 18, 2019