Robert B. Kaminski, Jr

2020

In 2020, Robert B. Kaminski, Jr earned a total compensation of $1.1M as President and Chief Executive Officer of Mercantile, and Chief Executive Officer of the Bank at Mercantile Bank, a 7% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$37
Non-Equity Incentive Plan$204,356
Salary$538,962
Stock Awards$285,431
Other$58,581
Total$1,087,367

Kaminski received $539K in salary, accounting for 50% of the total pay in 2020.

Kaminski also received $37 of change in pension value and nonqualified deferred compensation earnings, $204.4K in non-equity incentive plan, $285.4K in stock awards and $58.6K in other compensation.

Rankings

In 2020, Robert B. Kaminski, Jr's compensation ranked 8,288th out of 13,090 executives tracked by ExecPay. In other words, Kaminski earned more than 36.7% of executives.

ClassificationRankingPercentile
All
8,288
out of 13,090
37th
Division
Finance, Insurance, And Real Estate
1,439
out of 2,550
44th
Major group
Depository Institutions
385
out of 1,117
66th
Industry group
Commercial Banks
333
out of 897
63rd
Industry
State Commercial Banks
188
out of 569
67th

Pay ratio

Robert B. Kaminski, Jr's Pay$1,087,367
Median Employee's Pay$51,278
Pay Ratio

21

to 1

In 2020, the annual total compensation of Robert B. Kaminski, Jr was $1,087,367.

The annual total compensation of the median employee at Mercantile Bank was $51,278.

The ratio of Robert B. Kaminski, Jr's pay to the pay of median employee was therefore 21 to one.

Source: SEC filing on April 8, 2021.

Kaminski's colleagues

We found four more compensation records of executives who worked with Robert B. Kaminski, Jr at Mercantile Bank in 2020.

2020

Raymond Reitsma

Mercantile Bank

Executive Vice President of Mercantile, and President of the Bank

2020

Charles Christmas

Mercantile Bank

Chief Financial Officer

2020

Lonna Wiersma

Mercantile Bank

Senior Vice President and Human Resources Director of Mercantile and the Bank

2020

Robert Worthington

Mercantile Bank

Chief Operating Officer

News

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