Northwest Bancshares CEO Ronald Seiffert receives $1M in 2018
Northwest Bancshares reports 2018 executive compensation
By ExecPay News
Published: March 7, 2019
Northwest Bancshares reported fiscal year 2018 executive compensation information on March 7, 2019.
In 2018, eight executives at Northwest Bancshares received on average a compensation package of $636K, a 28% decrease compared to previous year.
Average pay of disclosed executives at Northwest Bancshares
Ronald J. Seiffert, Chief Executive Officer, received $1M in total. 56% of Seiffert's compensation, or $574K, was in salary. Seiffert also received $141K in bonus, $67K of change in pension value and nonqualified deferred compensation earnings, $36K in option awards, $187K in stock awards, as well as $28K in other compensation.
William J. Wagner, Chairman, received a compensation package of $807K, which decreased by 53% compared to previous year. 55% of the compensation package, or $440K, was in salary.
Steven G. Fisher, Sr. Executive Vice President, Chief Revenue Officer, earned $698K in 2018, a 20% decrease compared to previous year.
William W. Harvey, Jr, Chief Financial Officer, received $691K in 2018, which decreases by 14% compared to 2017.
Michael W. Bickerton, Executive Vice President, Commercial Lending, earned $519K in 2018, a 4% increase compared to previous year.
Michael G. Smelko, Executive Vice President, Chief Credit Officer, received $499K in 2018, which decreases by 9% compared to 2017.
John J. Golding, Senior Executive Vice President, Consumer and Business Banking, earned $472K in 2018.
Louis J. Torchio, Senior Executive Vice President, Retail Lending, received $373K in 2018.
Related executives
William Wagner
Northwest Bancshares
Chairman
Ronald Seiffert
Northwest Bancshares
Chief Executive Officer
William Harvey
Northwest Bancshares
Chief Financial Officer
Steven Fisher
Northwest Bancshares
Sr. Executive Vice President, Chief Revenue Officer
Michael Smelko
Northwest Bancshares
Executive Vice President, Chief Credit Officer
Michael Bickerton
Northwest Bancshares
Executive Vice President, Commercial Lending
John Golding
Northwest Bancshares
Senior Executive Vice President, Consumer and Business Banking
Louis Torchio
Northwest Bancshares
Senior Executive Vice President, Retail Lending
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Source: SEC filing on March 7, 2019.