Old Second Bancorp CEO William Skoglund's 2007 pay jumps 39% to $736K
Old Second Bancorp reports 2007 executive compensation
By ExecPay News
Published: March 17, 2008
Old Second Bancorp reported fiscal year 2007 executive compensation information on March 17, 2008.
In 2007, four executives at Old Second Bancorp received on average a compensation package of $431K, a 37% increase compared to previous year.
Average pay of disclosed executives at Old Second Bancorp
William B. Skoglund, Chief Executive Officer, received $736K in total, which increased by 39% compared to 2006. 61% of Skoglund's compensation, or $450K, was in salary. Skoglund also received $41K in bonus, $106K in non-equity incentive plan, $81K in option awards, as well as $58K in other compensation.
James Eccher, President — Old Second National Bank, received a compensation package of $364K, which increased by 49% compared to previous year. 63% of the compensation package, or $230K, was in salary.
J. Douglas Cheatham, Chief Financial Officer, earned $339K in 2007, a 37% increase compared to previous year.
Rodney Sloan, Chief Risk Officer of Old Second and Senior Vice President Commercial Lending of Old Second National Bank, received $287K in 2007, which increases by 20% compared to 2006.
Related executives
William Skoglund
Old Second Bancorp
Chief Executive Officer
J Cheatham
Old Second Bancorp
Chief Financial Officer
James Eccher
Old Second Bancorp
Chief Executive Officer
Rodney Sloan
Old Second Bancorp
Chief Risk Officer of Old Second and Senior Vice President Commercial Lending of Old Second National Bank
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Source: SEC filing on March 17, 2008.