Lakeland Financial CEO David Findlay's 2019 pay slips 1% to $1.6M
Lakeland Financial reports 2019 executive compensation
By ExecPay News
Published: March 5, 2020
Lakeland Financial reported fiscal year 2019 executive compensation information on March 5, 2020.
In 2019, five executives at Lakeland Financial received on average a compensation package of $834K, which is about the same as previous year.
Average pay of disclosed executives at Lakeland Financial
David M. Findlay, Chief Executive Officer, received $1.6M in total, which decreased by 1% compared to 2018. 43% of Findlay's compensation, or $686K, was in stock awards. Findlay also received $280K in non-equity incentive plan, $593K in salary, as well as $23K in other compensation.
For fiscal year 2019, the median employee pay was $37,063 at Lakeland Financial. Therefore, the ratio of David M. Findlay's pay to the median employee pay was 43 to one.
Eric H. Ottinger, Executive Vice President Commercial Banking, received a compensation package of $716K, which decreased by 1% compared to previous year. 43% of the compensation package, or $311K, was in salary.
Kristin L. Pruitt, Chief Administrative Officer, earned $661K in 2019, a 2% increase compared to previous year.
Kevin L. Deardorff, Executive Vice President - Retail Banking, received $622K in 2019, which increases by 2% compared to 2018.
Lisa M. O'Neill, Chief Financial Officer, earned $590K in 2019, a 2% decrease compared to previous year.
Related executives
David Findlay
Lakeland Financial
Chief Executive Officer
Lisa O'Neill
Lakeland Financial
Chief Financial Officer
Eric Ottinger
Lakeland Financial
Executive Vice President, Chief Commercial Banking Officer
Kristin Pruitt
Lakeland Financial
Chief Administrative Officer
Kevin Deardorff
Lakeland Financial
Executive Vice President - Retail Banking
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Source: SEC filing on March 5, 2020.