Mercantile Bank CEO Michael Price's 2011 pay rises 1% to $502K
Mercantile Bank reports 2011 executive compensation
By ExecPay News
Published: March 14, 2014
Mercantile Bank reported fiscal year 2011 executive compensation information on March 14, 2014.
In 2011, three executives at Mercantile Bank received on average a compensation package of $375K, a 4% increase compared to previous year.
Average pay of disclosed executives at Mercantile Bank
Michael H. Price, Chief Executive Officer, received $502K in total, which increased by 1% compared to 2010. 94% of Price's compensation, or $474K, was in salary. Price also received $28K in other compensation.
Robert B. Kaminski, Jr, Chief Operating Officer, received a compensation package of $338K, which increased by 6% compared to previous year. 90% of the compensation package, or $305K, was in salary.
Charles E. Christmas, Chief Financial Officer, earned $284K in 2011, a 6% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on March 14, 2014.