Michael L. Scudder

2018

In 2018, Michael L. Scudder earned a total compensation of $3.4M as Chairman and Chief Executive Officer at First Midwest Bancorp, a 1% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$226,790
Non-Equity Incentive Plan$722,500
Salary$850,000
Stock Awards$1,391,224
Other$249,063
Total$3,439,577

Scudder received $1.4M in stock awards, accounting for 40% of the total pay in 2018.

Scudder also received $226.8K of change in pension value and nonqualified deferred compensation earnings, $722.5K in non-equity incentive plan, $850K in salary and $249.1K in other compensation.

Rankings

In 2018, Michael L. Scudder's compensation ranked 3,321st out of 14,244 executives tracked by ExecPay. In other words, Scudder earned more than 76.7% of executives.

ClassificationRankingPercentile
All
3,321
out of 14,244
77th
Division
Finance, Insurance, And Real Estate
611
out of 2,986
80th
Major group
Depository Institutions
119
out of 1,311
91st
Industry group
Commercial Banks
106
out of 1,067
90th
Industry
National Commercial Banks
63
out of 347
82nd

Pay ratio

Michael L. Scudder's Pay$3,439,577
Median Employee's Pay$60,672
Pay Ratio

57

to 1

In 2018, the annual total compensation of Michael L. Scudder was $3,439,577.

The annual total compensation of the median employee at First Midwest Bancorp was $60,672.

The ratio of Michael L. Scudder's pay to the pay of median employee was therefore 57 to one.

Source: SEC filing on April 4, 2019.

Scudder's colleagues

We found four more compensation records of executives who worked with Michael L. Scudder at First Midwest Bancorp in 2018.

2018

Mark Sander

First Midwest Bancorp

Chief Operating Officer

2018

Patrick Barrett

First Midwest Bancorp

Chief Financial Officer

2018

Michael Jamieson

First Midwest Bancorp

EVP and Director, Commercial Banking, First Midwest Bank

2018

Thomas Prame

First Midwest Bancorp

EVP and Director, Consumer Banking, First Midwest Bank

News

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