Isabella Bank CEO Jae Evans' 2020 pay jumps 23% to $648K
Isabella Bank reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
Isabella Bank reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, three executives at Isabella Bank received on average a compensation package of $509K, a 24% increase compared to previous year.
Average pay of disclosed executives at Isabella Bank
Jae A. Evans, Chief Executive Officer, received $648K in total, which increased by 23% compared to 2019. 69% of Evans' compensation, or $449K, was in salary. Evans also received $74K in bonus, $74K in stock awards, as well as $50K in other compensation.
Jerome E. Schwind, President of Isabella Bank and Vice President of Isabella Bank Corporation, received a compensation package of $498K, which increased by 20% compared to previous year. 67% of the compensation package, or $333K, was in salary.
Neil M. McDonnell, Chief Financial Officer, earned $382K in 2020, a 30% increase compared to previous year.
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Source: SEC filing on March 26, 2021.