NICOLET BANKSHARES CEO Michael Daniels' 2020 pay falls 36% to $1.8M
NICOLET BANKSHARES reports 2020 executive compensation
By ExecPay News
Published: March 2, 2021
NICOLET BANKSHARES reported fiscal year 2020 executive compensation information on March 2, 2021.
In 2020, six executives at NICOLET BANKSHARES received on average a compensation package of $1M, a 32% decrease compared to previous year.
Average pay of disclosed executives at NICOLET BANKSHARES
Michael E. Daniels, Chief Executive Officer, received $1.8M in total, which decreased by 36% compared to 2019. 29% of Daniels' compensation, or $521K, was in salary. Daniels also received $348K in bonus, $293K in option awards, $174K in stock awards, as well as $459K in other compensation.
Robert B. Atwell, Chief Executive Officer, received a compensation package of $1.8M, which decreased by 36% compared to previous year. 29% of the compensation package, or $521K, was in salary.
Ann K. Lawson, Chief Financial Officer, earned $727K in 2020, a 5% increase compared to previous year.
Eric J. Witczak, Executive Vice President, Nicolet National Bank, received $667K in 2020, which decreases by 42% compared to 2019.
Brad V. Hutjens, Executive Vice President, Chief Credit Officer, and Chief Compliance & Risk Manager, Nicolet National Bank, earned $609K in 2020, a 44% decrease compared to previous year.
Patrick J. Madson, Senior Vice President - Wealth Management, received $557K in 2020, which increases by 13% compared to 2019.
Related executives
Robert Atwell
NICOLET BANKSHARES
Chairman
Michael Daniels
NICOLET BANKSHARES
Chief Executive Officer
Ann Lawson
NICOLET BANKSHARES
Chief Financial Officer
Eric Witczak
NICOLET BANKSHARES
Secretary
Brad Hutjens
NICOLET BANKSHARES
Executive Vice President, Chief Credit Officer, and Chief Compliance & Risk Manager, Nicolet National Bank
Patrick Madson
NICOLET BANKSHARES
Senior Vice President - Wealth Management
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Source: SEC filing on March 2, 2021.