Pacific Mercantile Bancorp CEO Brad Dinsmore receives $1.4M in 2019
Pacific Mercantile Bancorp reports 2019 executive compensation
By ExecPay News
Published: April 15, 2020
Pacific Mercantile Bancorp reported fiscal year 2019 executive compensation information on April 15, 2020.
In 2019, five executives at Pacific Mercantile Bancorp received on average a compensation package of $792K, a 45% increase compared to previous year.
Average pay of disclosed executives at Pacific Mercantile Bancorp
Brad R. Dinsmore, Chief Executive Officer, received $1.4M in total. 53% of Dinsmore's compensation, or $733K, was in stock awards. Dinsmore also received $498K in option awards, $142K in salary, as well as $5.6K in other compensation.
For fiscal year 2019, the median employee pay was $86,799 at Pacific Mercantile Bancorp. Therefore, the ratio of Brad R. Dinsmore's pay to the median employee pay was 16 to one.
Thomas M. Vertin, Chief Executive Officer, received a compensation package of $961K, which increased by 17% compared to previous year. 45% of the compensation package, or $430K, was in other compensation.
Thomas J. Inserra, Executive Vice President and Chief Risk Officer, earned $766K in 2019, a 44% increase compared to previous year.
Curt A. Christianssen, Chief Financial Officer, received $476K in 2019, which increases by 9% compared to 2018.
Robert S. Anderson, Executive Vice President and Interim Chief Credit Officer, earned $378K in 2019, a 3% decrease compared to previous year.
Related executives
Brad Dinsmore
Pacific Mercantile Bancorp
Chief Executive Officer
Thomas Vertin
Pacific Mercantile Bancorp
Chief Executive Officer
Curt Christianssen
Pacific Mercantile Bancorp
Chief Financial Officer
Thomas Inserra
Pacific Mercantile Bancorp
Executive Vice President and Chief Risk Officer
Robert Anderson
Pacific Mercantile Bancorp
Executive Vice President and Interim Chief Credit Officer
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Source: SEC filing on April 15, 2020.