William B. Kessel
2020
In 2020, William B. Kessel earned a total compensation of $1.3M as President and Chief Executive Officer at Independent Bank, a 17% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $469,404 |
|---|---|
| Salary | $510,000 |
| Stock Awards | $257,400 |
| Other | $56,415 |
| Total | $1,293,219 |
Kessel received $510K in salary, accounting for 39% of the total pay in 2020.
Kessel also received $469.4K in non-equity incentive plan, $257.4K in stock awards and $56.4K in other compensation.
Rankings
In 2020, William B. Kessel's compensation ranked 7,507th out of 13,090 executives tracked by ExecPay. In other words, Kessel earned more than 42.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,507 out of 13,090 | 43rd |
Division Finance, Insurance, And Real Estate | 1,292 out of 2,550 | 49th |
Major group Depository Institutions | 320 out of 1,117 | 71st |
Industry group Commercial Banks | 276 out of 897 | 69th |
Industry State Commercial Banks | 150 out of 569 | 74th |
Source: SEC filing on March 5, 2021.
Kessel's colleagues
We found seven more compensation records of executives who worked with William B. Kessel at Independent Bank in 2020.
2020
Stefanie Kimball
Independent Bank
Executive Vice President Chief Risk Officer
2020
Dennis Mack
Independent Bank
Executive Vice President Chief Lending Officer
2020
Patrick Ervin
Independent Bank
Executive Vice President Mortgage Banking
2020
Joel Rahn
Independent Bank
Executive Vice President Commercial Lending
2020
Stephen Erickson
Independent Bank
Chief Financial Officer
2020
Gavin Mohr
Independent Bank
Chief Financial Officer
2020
Robert Shuster
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