William B. Kessel
2019
In 2019, William B. Kessel earned a total compensation of $1.1M as President and Chief Executive Officer at Independent Bank, which was about the same as previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $286,783 |
|---|---|
| Salary | $495,000 |
| Stock Awards | $251,172 |
| Other | $68,040 |
| Total | $1,100,995 |
Kessel received $495K in salary, accounting for 45% of the total pay in 2019.
Kessel also received $286.8K in non-equity incentive plan, $251.2K in stock awards and $68K in other compensation.
Rankings
In 2019, William B. Kessel's compensation ranked 8,834th out of 13,971 executives tracked by ExecPay. In other words, Kessel earned more than 36.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,834 out of 13,971 | 37th |
Division Finance, Insurance, And Real Estate | 1,651 out of 2,894 | 43rd |
Major group Depository Institutions | 434 out of 1,219 | 64th |
Industry group Commercial Banks | 370 out of 1,007 | 63rd |
Industry State Commercial Banks | 192 out of 627 | 69th |
Source: SEC filing on March 6, 2020.
Kessel's colleagues
We found six more compensation records of executives who worked with William B. Kessel at Independent Bank in 2019.
2019
Robert Shuster
Independent Bank
Chief Financial Officer
2019
Stefanie Kimball
Independent Bank
Executive Vice President Chief Risk Officer
2019
Dennis Mack
Independent Bank
Executive Vice President Chief Lending Officer
2019
Patrick Ervin
Independent Bank
Executive Vice President Mortgage Banking
2019
Joel Rahn
Independent Bank
Executive Vice President Commercial Lending
2019
Stephen Erickson
Independent Bank
Chief Financial Officer
News
Independent Bank CEO William Kessel's 2021 pay rises 4% to $1.3M
March 4, 2022
Independent Bank CEO William Kessel's 2020 pay rises 17% to $1.3M
March 5, 2021
Independent Bank CEO William Kessel's 2019 pay stays at $1.1M
March 6, 2020
Independent Bank CEO William Kessel's 2018 pay rises 11% to $1.1M
March 7, 2019