Ronald J. Seiffert

2020

In 2020, Ronald J. Seiffert earned a total compensation of $1.6M as Chairman of the Board, President and Chief Executive Officer at Northwest Bancshares, a 22% increase compared to previous year.

Compensation breakdown

Bonus$486,467
Change in Pension Value and Nonqualified Deferred Compensation Earnings$145,802
Option Awards$3,120
Salary$775,077
Stock Awards$109,238
Other$38,592
Total$1,558,296

Seiffert received $775.1K in salary, accounting for 50% of the total pay in 2020.

Seiffert also received $486.5K in bonus, $145.8K of change in pension value and nonqualified deferred compensation earnings, $3.1K in option awards, $109.2K in stock awards and $38.6K in other compensation.

Rankings

In 2020, Ronald J. Seiffert's compensation ranked 6,673rd out of 13,090 executives tracked by ExecPay. In other words, Seiffert earned more than 49.0% of executives.

ClassificationRankingPercentile
All
6,673
out of 13,090
49th
Division
Finance, Insurance, And Real Estate
1,156
out of 2,550
55th
Major group
Depository Institutions
265
out of 1,117
76th
Industry group
Commercial Banks
228
out of 897
75th
Industry
National Commercial Banks
108
out of 317
66th

Pay ratio

Ronald J. Seiffert's Pay$1,558,296
Median Employee's Pay$39,263
Pay Ratio

40

to 1

In 2020, the annual total compensation of Ronald J. Seiffert was $1,558,296.

The annual total compensation of the median employee at Northwest Bancshares was $39,263.

The ratio of Ronald J. Seiffert's pay to the pay of median employee was therefore 40 to one.

Source: SEC filing on March 12, 2021.

Seiffert's colleagues

We found four more compensation records of executives who worked with Ronald J. Seiffert at Northwest Bancshares in 2020.

2020

William Harvey

Northwest Bancshares

Chief Financial Officer

2020

Louis Torchio

Northwest Bancshares

Senior Executive Vice President, Retail Lending

2020

John Golding

Northwest Bancshares

Senior Executive Vice President, Consumer and Business Banking

2020

Mark Reitzes

Northwest Bancshares

Senior Executive Vice President, Commercial Banking

News

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