Louis J. Torchio
2021
Compensation breakdown
| Bonus | $142,023 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $49,605 |
| Option Awards | $9,901 |
| Salary | $375,577 |
| Stock Awards | $99,180 |
| Other | $46,278 |
| Total | $722,564 |
Torchio received $375.6K in salary, accounting for 52% of the total pay in 2021.
Torchio also received $142K in bonus, $49.6K of change in pension value and nonqualified deferred compensation earnings, $9.9K in option awards, $99.2K in stock awards and $46.3K in other compensation.
Rankings
In 2021, Louis J. Torchio's compensation ranked 9,808th out of 12,415 executives tracked by ExecPay. In other words, Torchio earned more than 21.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,808 out of 12,415 | 21st |
Division Finance, Insurance, And Real Estate | 1,632 out of 2,276 | 28th |
Major group Depository Institutions | 557 out of 1,000 | 44th |
Industry group Commercial Banks | 483 out of 800 | 40th |
Industry National Commercial Banks | 195 out of 277 | 30th |
Pay ratio
| Louis J. Torchio's Pay | $722,564 |
|---|---|
| Median Employee's Pay | $41,624 |
| Pay Ratio | 17to 1 |
In 2021, the annual total compensation of Louis J. Torchio was $722,564.
The annual total compensation of the median employee at Northwest Bancshares was $41,624.
The ratio of Louis J. Torchio's pay to the pay of median employee was therefore 17 to one.
Torchio's colleagues
We found four more compensation records of executives who worked with Louis J. Torchio at Northwest Bancshares in 2021.
2021
Ronald Seiffert
Northwest Bancshares
Chief Executive Officer
2021
William Harvey
Northwest Bancshares
Chief Financial Officer
2021
John Golding
Northwest Bancshares
Senior Executive Vice President, Consumer and Business Banking
2021
Mark Reitzes
Northwest Bancshares