Thomas C. Shafer
2017
In 2017, Thomas C. Shafer earned a total compensation of $2M as Vice Chairman of Chemical Financial and President and Chief Executive Officer of Chemical Bank at Chemical Financial.
Compensation breakdown
| Bonus | $111,229 |
|---|---|
| Non-Equity Incentive Plan | $538,771 |
| Option Awards | $132,005 |
| Salary | $562,500 |
| Stock Awards | $647,341 |
| Other | $52,975 |
| Total | $2,044,821 |
Shafer received $647.3K in stock awards, accounting for 32% of the total pay in 2017.
Shafer also received $111.2K in bonus, $538.8K in non-equity incentive plan, $132K in option awards, $562.5K in salary and $53K in other compensation.
Rankings
In 2017, Thomas C. Shafer's compensation ranked 5,394th out of 14,666 executives tracked by ExecPay. In other words, Shafer earned more than 63.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,394 out of 14,666 | 63rd |
Division Finance, Insurance, And Real Estate | 1,022 out of 3,159 | 68th |
Major group Depository Institutions | 206 out of 1,402 | 85th |
Industry group Commercial Banks | 184 out of 1,112 | 84th |
Industry State Commercial Banks | 80 out of 736 | 89th |
Source: SEC filing on March 16, 2018.
Shafer's colleagues
We found five more compensation records of executives who worked with Thomas C. Shafer at Chemical Financial in 2017.
2017
David Ramaker
Chemical Financial
Chief Executive Officer
2017
Dennis Klaeser
Chemical Financial
Chief Financial Officer
2017
David Provost
Chemical Financial
Chief Executive Officer
2017
Gary Torgow
Chemical Financial
Chairman
2017
Robert Rathbun
Chemical Financial