Jeffrey G. Ludwig
2016
In 2016, Jeffrey G. Ludwig earned a total compensation of $734.4K as Executive Vice President at Midland States Bancorp, a 16% increase compared to previous year.
Compensation breakdown
| Bonus | $197,671 |
|---|---|
| Option Awards | $22,635 |
| Salary | $395,025 |
| Stock Awards | $101,380 |
| Other | $17,646 |
| Total | $734,357 |
Ludwig received $395K in salary, accounting for 54% of the total pay in 2016.
Ludwig also received $197.7K in bonus, $22.6K in option awards, $101.4K in stock awards and $17.6K in other compensation.
Rankings
In 2016, Jeffrey G. Ludwig's compensation ranked 9,672nd out of 14,075 executives tracked by ExecPay. In other words, Ludwig earned more than 31.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,672 out of 14,075 | 31st |
Division Finance, Insurance, And Real Estate | 1,858 out of 3,060 | 39th |
Major group Depository Institutions | 539 out of 1,387 | 61st |
Industry group Commercial Banks | 472 out of 1,099 | 57th |
Industry State Commercial Banks | 266 out of 728 | 64th |
Source: SEC filing on March 17, 2017.
Ludwig's colleagues
We found five more compensation records of executives who worked with Jeffrey G. Ludwig at Midland States Bancorp in 2016.
2016
Leon Holschbach
Midland States Bancorp
Chief Executive Officer
2016
Jeffrey Mefford
Midland States Bancorp
President of the Bank
2016
Douglas Tucker
Midland States Bancorp
Senior Vice President and Corporate Counsel
2016
James Stewart
Midland States Bancorp
Chief Risk Officer of the Bank
2016
Kevin Thompson
Midland States Bancorp
Chief Financial Officer
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