Michael M. Magee
2008
In 2008, Michael M. Magee earned a total compensation of $767.9K as President and Chief Executive Officer at Independent Bank, a 1% decrease compared to previous year.
Compensation breakdown
| Salary | $382,000 |
|---|---|
| Stock Awards | $349,996 |
| Other | $35,904 |
| Total | $767,900 |
Magee received $382K in salary, accounting for 50% of the total pay in 2008.
Magee also received $350K in stock awards and $35.9K in other compensation.
Rankings
In 2008, Michael M. Magee's compensation ranked 5,190th out of 9,135 executives tracked by ExecPay. In other words, Magee earned more than 43.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,190 out of 9,135 | 43rd |
Division Finance, Insurance, And Real Estate | 982 out of 2,034 | 52nd |
Major group Depository Institutions | 244 out of 943 | 74th |
Industry group Commercial Banks | 209 out of 802 | 74th |
Industry State Commercial Banks | 94 out of 486 | 81st |
Source: SEC filing on March 17, 2011.
Magee's colleagues
We found four more compensation records of executives who worked with Michael M. Magee at Independent Bank in 2008.
2008
Robert Shuster
Independent Bank
Chief Financial Officer
2008
David Reglin
Independent Bank
Executive Vice President Retail Bainking
2008
William Kessel
Independent Bank
Executive Vice President Chief Operations Officer
2008
Stefanie Kimball
Independent Bank