Robert T. Worthington
2018
In 2018, Robert T. Worthington earned a total compensation of $449.4K as Chief Operating Officer, Senior Vice President, General Counsel and Secretary of Mercantile and the Bank at Mercantile Bank, a 7% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $577 |
|---|---|
| Non-Equity Incentive Plan | $69,672 |
| Salary | $245,000 |
| Stock Awards | $103,988 |
| Other | $30,129 |
| Total | $449,366 |
Worthington received $245K in salary, accounting for 55% of the total pay in 2018.
Worthington also received $577 of change in pension value and nonqualified deferred compensation earnings, $69.7K in non-equity incentive plan, $104K in stock awards and $30.1K in other compensation.
Rankings
In 2018, Robert T. Worthington's compensation ranked 12,213th out of 14,244 executives tracked by ExecPay. In other words, Worthington earned more than 14.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,213 out of 14,244 | 14th |
Division Finance, Insurance, And Real Estate | 2,405 out of 2,986 | 20th |
Major group Depository Institutions | 918 out of 1,311 | 30th |
Industry group Commercial Banks | 802 out of 1,067 | 25th |
Industry State Commercial Banks | 505 out of 708 | 29th |
Source: SEC filing on April 9, 2020.
Worthington's colleagues
We found four more compensation records of executives who worked with Robert T. Worthington at Mercantile Bank in 2018.
2018
Robert Kaminski
Mercantile Bank
Chief Executive Officer
2018
Charles Christmas
Mercantile Bank
Chief Financial Officer
2018
Raymond Reitsma
Mercantile Bank
Executive Vice President of Mercantile, and President of the Bank
2018
Lonna Wiersma
Mercantile Bank