Midland States Bancorp CEO Leon Holschbach's 2018 pay slips 15% to $1.2M
Midland States Bancorp reports 2018 executive compensation
By ExecPay News
Published: March 18, 2019
Midland States Bancorp reported fiscal year 2018 executive compensation information on March 18, 2019.
In 2018, six executives at Midland States Bancorp received on average a compensation package of $781K, a 3% decrease compared to previous year.
Average pay of disclosed executives at Midland States Bancorp
Leon J. Holschbach, Chief Executive Officer, received $1.2M in total, which decreased by 15% compared to 2017. 48% of Holschbach's compensation, or $596K, was in salary. Holschbach also received $75K in bonus, $282K of change in pension value and nonqualified deferred compensation earnings, $267K in non-equity incentive plan, as well as $24K in other compensation.
Jeffrey G. Ludwig, Chief Financial Officer, received a compensation package of $1M, which increased by 25% compared to previous year. 46% of the compensation package, or $472K, was in salary.
Jeffrey S. Mefford, President of the Bank, earned $686K in 2018, a 8% increase compared to previous year.
Douglas J. Tucker, Senior Vice President and Corporate Counsel, received $620K in 2018, which increases by 3% compared to 2017.
James R. Stewart, Chief Risk Officer of the Bank, earned $561K in 2018, a 12% increase compared to previous year.
Stephen A. Erickson, Chief Financial Officer, received $546K in 2018.
Related executives
Leon Holschbach
Midland States Bancorp
Chief Executive Officer
Jeffrey Ludwig
Midland States Bancorp
Chief Executive Officer
Stephen Erickson
Midland States Bancorp
Chief Financial Officer
Douglas Tucker
Midland States Bancorp
Senior Vice President and Corporate Counsel
Jeffrey Mefford
Midland States Bancorp
President of the Bank
James Stewart
Midland States Bancorp
Senior Vice President and Chief Risk Officer
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Source: SEC filing on March 18, 2019.