Great Western Bancorp. CEO Ken Karels' 2020 pay jumps 26% to $3.1M
Great Western Bancorp. reports 2020 executive compensation
By ExecPay News
Published: December 23, 2020
Great Western Bancorp. reported fiscal year 2020 executive compensation information on December 23, 2020.
In 2020, six executives at Great Western Bancorp. received on average a compensation package of $1.2M, a 26% increase compared to previous year.
Average pay of disclosed executives at Great Western Bancorp.
Ken Karels, Chief Executive Officer, received $3.1M in total, which increased by 26% compared to 2019. 32% of Karels' compensation, or $1M, was in stock awards. Karels also received $526K in non-equity incentive plan, $825K in salary, as well as $794K in other compensation.
Peter Chapman, Chief Financial Officer, received a compensation package of $1.3M, which increased by 45% compared to previous year. 60% of the compensation package, or $810K, was in stock awards.
Mark Borrecco, Chief Executive Officer, earned $1.1M in 2020.
Doug Bass, Chief Operating Officer, received $743K in 2020, which decreases by 36% compared to 2019.
Karlyn Knieriem, Executive Vice President and Chief Risk Officer, earned $514K in 2020, a 18% increase compared to previous year.
Steve Yose, Executive Vice President and Chief Credit Officer, received $503K in 2020.
Great Western Bancorp.'s fiscal year ends on September 30.
Related executives
Mark Borrecco
Great Western Bancorp.
Chief Executive Officer
Peter Chapman
Great Western Bancorp.
Chief Financial Officer
Doug Bass
Great Western Bancorp.
Chief Operating Officer
Karlyn Knieriem
Great Western Bancorp.
Executive Vice President and Chief Risk Officer
Steve Yose
Great Western Bancorp.
Executive Vice President and Chief Credit Officer
Ken Karels
Great Western Bancorp.
Chief Executive Officer
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Source: SEC filing on December 23, 2020.