Ronald J. Seiffert

2021

In 2021, Ronald J. Seiffert earned a total compensation of $1.7M as Chairman of the Board, President and Chief Executive Officer at Northwest Bancshares, a 8% increase compared to previous year.

Compensation breakdown

Bonus$511,064
Change in Pension Value and Nonqualified Deferred Compensation Earnings$137,564
Option Awards$15,360
Salary$805,275
Stock Awards$181,260
Other$38,007
Total$1,688,530

Seiffert received $805.3K in salary, accounting for 48% of the total pay in 2021.

Seiffert also received $511.1K in bonus, $137.6K of change in pension value and nonqualified deferred compensation earnings, $15.4K in option awards, $181.3K in stock awards and $38K in other compensation.

Rankings

In 2021, Ronald J. Seiffert's compensation ranked 6,738th out of 12,415 executives tracked by ExecPay. In other words, Seiffert earned more than 45.7% of executives.

ClassificationRankingPercentile
All
6,738
out of 12,415
46th
Division
Finance, Insurance, And Real Estate
1,049
out of 2,276
54th
Major group
Depository Institutions
222
out of 1,000
78th
Industry group
Commercial Banks
192
out of 800
76th
Industry
National Commercial Banks
94
out of 277
66th

Pay ratio

Ronald J. Seiffert's Pay$1,688,530
Median Employee's Pay$41,624
Pay Ratio

41

to 1

In 2021, the annual total compensation of Ronald J. Seiffert was $1,688,530.

The annual total compensation of the median employee at Northwest Bancshares was $41,624.

The ratio of Ronald J. Seiffert's pay to the pay of median employee was therefore 41 to one.

Source: SEC filing on March 10, 2022.

Seiffert's colleagues

We found four more compensation records of executives who worked with Ronald J. Seiffert at Northwest Bancshares in 2021.

2021

William Harvey

Northwest Bancshares

Chief Financial Officer

2021

Louis Torchio

Northwest Bancshares

Senior Executive Vice President, Retail Lending

2021

John Golding

Northwest Bancshares

Senior Executive Vice President, Consumer and Business Banking

2021

Mark Reitzes

Northwest Bancshares

Senior Executive Vice President, Commercial Banking

News

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