Old Second Bancorp CEO William Skoglund's 2008 pay slips 2% to $721K
Old Second Bancorp reports 2008 executive compensation
By ExecPay News
Published: March 24, 2009
Old Second Bancorp reported fiscal year 2008 executive compensation information on March 24, 2009.
In 2008, four executives at Old Second Bancorp received on average a compensation package of $451K, a 4% increase compared to previous year.
William B. Skoglund, Chief Executive Officer, received $721K in total, which decreased by 2% compared to 2007. 69% of Skoglund's compensation, or $495K, was in salary. Skoglund also received $160K in option awards and $66K in other compensation.
James Eccher, President — Old Second National Bank, received a compensation package of $406K, which increased by 11% compared to previous year. 71% of the compensation package, or $290K, was in salary.
Rodney Sloan, Chief Risk Officer of Old Second and Senior Vice President Commercial Lending of Old Second National Bank, earned $342K in 2008, a 19% increase compared to previous year.
J. Douglas Cheatham, Chief Financial Officer, received $333K in 2008, which decreases by 2% compared to 2007.
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