Bar Harbor Bankshares CEO Curtis Simard's 2021 pay rises 5% to $1.8M
Bar Harbor Bankshares reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
Bar Harbor Bankshares reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, six executives at Bar Harbor Bankshares received on average a compensation package of $829K, a 4% decrease compared to previous year.
Average pay of disclosed executives at Bar Harbor Bankshares
Curtis C. Simard, Chief Executive Officer, received $1.8M in total, which increased by 5% compared to 2020. 38% of Simard's compensation, or $675K, was in salary. Simard also received $506K in non-equity incentive plan, $573K in stock awards, as well as $42K in other compensation.
Josephine Iannelli, Chief Financial Officer, received a compensation package of $890K, which increased by 4% compared to previous year. 49% of the compensation package, or $433K, was in salary.
John M. Mercier, EVP, Chief Lending Officer, earned $634K in 2021, a 3% increase compared to previous year.
Marion Colombo, EVP, Director of Retail Delivery, received $628K in 2021, which increases by 3% compared to 2020.
Jason Edgar, President, Wealth, earned $608K in 2021, a 13% increase compared to previous year.
Richard B. Maltz, Chief Operating Officer, received $420K in 2021, which decreases by 52% compared to 2020.
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, 2022.