Jeffrey G. Ludwig
2017
In 2017, Jeffrey G. Ludwig earned a total compensation of $821.7K as President at Midland States Bancorp, a 12% increase compared to previous year.
Compensation breakdown
| Bonus | $182,380 |
|---|---|
| Salary | $405,288 |
| Stock Awards | $216,092 |
| Other | $17,982 |
| Total | $821,742 |
Ludwig received $405.3K in salary, accounting for 49% of the total pay in 2017.
Ludwig also received $182.4K in bonus, $216.1K in stock awards and $18K in other compensation.
Rankings
In 2017, Jeffrey G. Ludwig's compensation ranked 9,896th out of 14,666 executives tracked by ExecPay. In other words, Ludwig earned more than 32.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,896 out of 14,666 | 33rd |
Division Finance, Insurance, And Real Estate | 1,887 out of 3,159 | 40th |
Major group Depository Institutions | 541 out of 1,402 | 61st |
Industry group Commercial Banks | 469 out of 1,112 | 58th |
Industry State Commercial Banks | 254 out of 736 | 66th |
Source: SEC filing on March 23, 2018.
Ludwig's colleagues
We found four more compensation records of executives who worked with Jeffrey G. Ludwig at Midland States Bancorp in 2017.
2017
Leon Holschbach
Midland States Bancorp
Chief Executive Officer
2017
Jeffrey Mefford
Midland States Bancorp
President of the Bank
2017
Douglas Tucker
Midland States Bancorp
Senior Vice President and Corporate Counsel
2017
James Stewart
Midland States Bancorp
Chief Risk Officer of the Bank
News
Midland States Bancorp CEO Jeffrey Ludwig's 2021 pay jumps 54% to $1.6M
March 21, 2022
Midland States Bancorp CEO Jeffrey Ludwig's 2020 pay falls 24% to $1M
March 22, 2021
Midland States Bancorp CEO Jeffrey Ludwig's 2019 pay jumps 32% to $1.4M
March 23, 2020
Midland States Bancorp CEO Leon Holschbach's 2018 pay slips 15% to $1.2M
March 18, 2019