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.
Average pay of disclosed executives at Old Second Bancorp
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
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 24, 2009.