Mercantile Bank CEO Michael Price's 2010 pay stays at $497K
Mercantile Bank reports 2010 executive compensation
By ExecPay News
Published: March 17, 2011
Mercantile Bank reported fiscal year 2010 executive compensation information on March 17, 2011.
In 2010, three executives at Mercantile Bank received on average a compensation package of $361K, which is about the same as previous year.
Average pay of disclosed executives at Mercantile Bank
Michael H. Price, Chief Executive Officer, received $497K in total, which is about the same as previous year. 95% of Price's compensation, or $474K, was in salary. Price also received $23K in other compensation.
Robert B. Kaminski, Jr, Chief Operating Officer, received a compensation package of $318K, which decreased by 1% compared to previous year. 96% of the compensation package, or $305K, was in salary.
Charles E. Christmas, Chief Financial Officer, earned $268K in 2010, which is about the same as previous year.
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Source: SEC filing on March 17, 2011.