Michael L. Scudder

2019

In 2019, Michael L. Scudder earned a total compensation of $3.9M as Chairman and Chief Executive Officer at First Midwest Bancorp, a 15% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$184,332
Non-Equity Incentive Plan$936,755
Salary$872,147
Stock Awards$1,691,145
Other$265,258
Total$3,949,637

Scudder received $1.7M in stock awards, accounting for 43% of the total pay in 2019.

Scudder also received $184.3K of change in pension value and nonqualified deferred compensation earnings, $936.8K in non-equity incentive plan, $872.1K in salary and $265.3K in other compensation.

Rankings

In 2019, Michael L. Scudder's compensation ranked 3,037th out of 13,971 executives tracked by ExecPay. In other words, Scudder earned more than 78.3% of executives.

ClassificationRankingPercentile
All
3,037
out of 13,971
78th
Division
Finance, Insurance, And Real Estate
595
out of 2,894
79th
Major group
Depository Institutions
120
out of 1,219
90th
Industry group
Commercial Banks
104
out of 1,007
90th
Industry
National Commercial Banks
69
out of 369
81st

Pay ratio

Michael L. Scudder's Pay$3,949,637
Median Employee's Pay$57,538
Pay Ratio

69

to 1

In 2019, the annual total compensation of Michael L. Scudder was $3,949,637.

The annual total compensation of the median employee at First Midwest Bancorp was $57,538.

The ratio of Michael L. Scudder's pay to the pay of median employee was therefore 69 to one.

Source: SEC filing on April 17, 2020.

Scudder's colleagues

We found four more compensation records of executives who worked with Michael L. Scudder at First Midwest Bancorp in 2019.

2019

Mark Sander

First Midwest Bancorp

Chief Operating Officer

2019

Patrick Barrett

First Midwest Bancorp

Chief Financial Officer

2019

Michael Jamieson

First Midwest Bancorp

EVP and Director, Commercial Banking, First Midwest Bank

2019

Thomas Prame

First Midwest Bancorp

EVP and Director, Consumer Banking, First Midwest Bank

News

You may also like