Patrick S. Barrett

2019 - First Midwest Bancorp

In 2019, Patrick S. Barrett earned a total compensation of $1.5M as EVP and Chief Financial Officer at First Midwest Bancorp, a 14% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$6,500
Non-Equity Incentive Plan$318,581
Salary$541,722
Stock Awards$486,862
Other$103,372
Total$1,457,037

Barrett received $541.7K in salary, accounting for 37% of the total pay in 2019.

Barrett also received $6.5K of change in pension value and nonqualified deferred compensation earnings, $318.6K in non-equity incentive plan, $486.9K in stock awards and $103.4K in other compensation.

Rankings

In 2019, Patrick S. Barrett's compensation ranked 7,451st out of 13,971 executives tracked by ExecPay. In other words, Barrett earned more than 46.7% of executives.

ClassificationRankingPercentile
All
7,451
out of 13,971
47th
Division
Finance, Insurance, And Real Estate
1,398
out of 2,894
52nd
Major group
Depository Institutions
320
out of 1,219
74th
Industry group
Commercial Banks
272
out of 1,007
73rd
Industry
National Commercial Banks
147
out of 369
60th

Pay ratio

Patrick S. Barrett's Pay$1,457,037
Median Employee's Pay$57,538
Pay Ratio

25

to 1

In 2019, the annual total compensation of Patrick S. Barrett was $1,457,037.

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

The ratio of Patrick S. Barrett's pay to the pay of median employee was therefore 25 to one.

Source: SEC filing on April 17, 2020.

Barrett's colleagues

We found four more compensation records of executives who worked with Patrick S. Barrett at First Midwest Bancorp in 2019.

2019

Michael Scudder

First Midwest Bancorp

Chief Executive Officer

2019

Mark Sander

First Midwest Bancorp

Chief Operating 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

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