GERMAN AMERICAN BANCORP CEO Mark Schroeder's 2020 pay jumps 34% to $1.4M
GERMAN AMERICAN BANCORP reports 2020 executive compensation
By ExecPay News
Published: March 30, 2021
GERMAN AMERICAN BANCORP reported fiscal year 2020 executive compensation information on March 30, 2021.
In 2020, six executives at GERMAN AMERICAN BANCORP received on average a compensation package of $751K, a 30% increase compared to previous year.
Average pay of disclosed executives at GERMAN AMERICAN BANCORP
Mark A. Schroeder, Chief Executive Officer, received $1.4M in total, which increased by 34% compared to 2019. 44% of Schroeder's compensation, or $600K, was in salary. Schroeder also received $23K of change in pension value and nonqualified deferred compensation earnings, $274K in non-equity incentive plan, $359K in stock awards, as well as $115K in other compensation.
Clay W. Ewing, Secretary, received a compensation package of $755K, which increased by 22% compared to previous year. 50% of the compensation package, or $375K, was in salary.
Bradley M. Rust, Chief Financial Officer, earned $671K in 2020, a 25% increase compared to previous year.
D. Neil Dauby, Executive Vice President and Chief Commercial Banking Officer, received $613K in 2020, which increases by 45% compared to 2019.
Keith A. Leinenbach, Executive Vice President and Chief Credit Officer, earned $571K in 2020, a 31% increase compared to previous year.
Randall L. Braun, Executive Vice President and Chief Development Officer, received $524K in 2020, which increases by 21% compared to 2019.
Related executives
Mark Schroeder
GERMAN AMERICAN BANCORP
Chief Executive Officer
Clay Ewing
GERMAN AMERICAN BANCORP
Secretary
Bradley Rust
GERMAN AMERICAN BANCORP
Chief Financial Officer
Randall Braun
GERMAN AMERICAN BANCORP
Executive Vice President and Chief Development Officer
Keith Leinenbach
GERMAN AMERICAN BANCORP
Executive Vice President and Chief Credit Officer
D Dauby
GERMAN AMERICAN BANCORP
Chief Operating Officer
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Source: SEC filing on March 30, 2021.