Robert N. Shuster
2009
In 2009, Robert N. Shuster earned a total compensation of $271.8K as Executive Vice President and Chief Financial Officer at Independent Bank, a 25% decrease compared to previous year.
Compensation breakdown
| Option Awards | $12,848 |
|---|---|
| Salary | $230,000 |
| Other | $28,959 |
| Total | $271,807 |
Shuster received $230K in salary, accounting for 85% of the total pay in 2009.
Shuster also received $12.8K in option awards and $29K in other compensation.
Rankings
In 2009, Robert N. Shuster's compensation ranked 8,620th out of 9,885 executives tracked by ExecPay. In other words, Shuster earned more than 12.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,620 out of 9,885 | 13th |
Division Finance, Insurance, And Real Estate | 1,772 out of 2,204 | 20th |
Major group Depository Institutions | 677 out of 1,006 | 33rd |
Industry group Commercial Banks | 564 out of 833 | 32nd |
Industry State Commercial Banks | 319 out of 506 | 37th |
Source: SEC filing on March 13, 2012.
Shuster's colleagues
We found five more compensation records of executives who worked with Robert N. Shuster at Independent Bank in 2009.
2009
Michael Magee
Independent Bank
Chief Executive Officer
2009
David Reglin
Independent Bank
Executive Vice President Retail Banking
2009
William Kessel
Independent Bank
President
2009
Stefanie Kimball
Independent Bank
Executive Vice President Chief Lending Officer
2009
Mark Collins
Independent Bank