Robert T. Worthington
2017
In 2017, Robert T. Worthington earned a total compensation of $418.3K as Chief Operating Officer, Senior Vice President, General Counsel and Secretary of Mercantile and the Bank at Mercantile Bank, a 31% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $301 |
|---|---|
| Non-Equity Incentive Plan | $58,050 |
| Salary | $215,000 |
| Stock Awards | $129,885 |
| Other | $15,014 |
| Total | $418,250 |
Worthington received $215K in salary, accounting for 51% of the total pay in 2017.
Worthington also received $301 of change in pension value and nonqualified deferred compensation earnings, $58.1K in non-equity incentive plan, $129.9K in stock awards and $15K in other compensation.
Rankings
In 2017, Robert T. Worthington's compensation ranked 12,475th out of 14,666 executives tracked by ExecPay. In other words, Worthington earned more than 14.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,475 out of 14,666 | 15th |
Division Finance, Insurance, And Real Estate | 2,532 out of 3,159 | 20th |
Major group Depository Institutions | 969 out of 1,402 | 31st |
Industry group Commercial Banks | 824 out of 1,112 | 26th |
Industry State Commercial Banks | 508 out of 736 | 31st |
Source: SEC filing on April 9, 2018.
Worthington's colleagues
We found four more compensation records of executives who worked with Robert T. Worthington at Mercantile Bank in 2017.