Bar Harbor Bankshares CEO Curtis Simard's 2020 pay jumps 28% to $1.7M
Bar Harbor Bankshares reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Bar Harbor Bankshares reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, six executives at Bar Harbor Bankshares received on average a compensation package of $867K, a 17% increase compared to previous year.
Average pay of disclosed executives at Bar Harbor Bankshares
Curtis C. Simard, Chief Executive Officer, received $1.7M in total, which increased by 28% compared to 2019. 38% of Simard's compensation, or $655K, was in salary. Simard also received $434K in non-equity incentive plan, $557K in stock awards, as well as $63K in other compensation.
Richard B. Maltz, Chief Operating Officer, received a compensation package of $870K, which increased by 12% compared to previous year. 48% of the compensation package, or $420K, was in salary.
Josephine Iannelli, Chief Financial Officer, earned $859K in 2020, a 10% increase compared to previous year.
John M. Mercier, EVP, Chief Lending Officer, received $617K in 2020, which increases by 15% compared to 2019.
Marion Colombo, EVP, Director of Retail Delivery, earned $608K in 2020, a 9% increase compared to previous year.
Jason Edgar, President, Wealth, received $536K in 2020, which increases by 19% compared to 2019.
Related executives
Curtis Simard
Bar Harbor Bankshares
Chief Executive Officer
Josephine Iannelli
Bar Harbor Bankshares
Chief Financial Officer
Richard Maltz
Bar Harbor Bankshares
Chief Operating Officer
Marion Colombo
Bar Harbor Bankshares
EVP, Director of Retail Delivery
John Mercier
Bar Harbor Bankshares
EVP, Chief Lending Officer
Jason Edgar
Bar Harbor Bankshares
President, Wealth
You may also like
Source: SEC filing on April 1, 2021.