Michael E. Gavin
2021
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,280 |
|---|---|
| Non-Equity Incentive Plan | $111,180 |
| Salary | $254,550 |
| Stock Awards | $305,640 |
| Other | $25,327 |
| Total | $699,977 |
Gavin received $305.6K in stock awards, accounting for 44% of the total pay in 2021.
Gavin also received $3.3K of change in pension value and nonqualified deferred compensation earnings, $111.2K in non-equity incentive plan, $254.6K in salary and $25.3K in other compensation.
Rankings
In 2021, Michael E. Gavin's compensation ranked 9,889th out of 12,406 executives tracked by ExecPay. In other words, Gavin earned more than 20.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,889 out of 12,406 | 20th |
Division Finance, Insurance, And Real Estate | 1,652 out of 2,280 | 28th |
Major group Depository Institutions | 572 out of 1,000 | 43rd |
Industry group Commercial Banks | 495 out of 800 | 38th |
Industry State Commercial Banks | 289 out of 512 | 44th |
Pay ratio
| Michael E. Gavin's Pay | $699,977 |
|---|---|
| Median Employee's Pay | $50,198 |
| Pay Ratio | 14to 1 |
In 2021, the annual total compensation of Michael E. Gavin was $699,977.
The annual total compensation of the median employee at Lakeland Financial was $50,198.
The ratio of Michael E. Gavin's pay to the pay of median employee was therefore 14 to one.
Gavin's colleagues
We found four more compensation records of executives who worked with Michael E. Gavin at Lakeland Financial in 2021.