Charles N. Funk

2019

In 2019, Charles N. Funk earned a total compensation of $952.2K as President and Chief Executive Officer at MidWest One Financial Group, a 23% increase compared to previous year.

Compensation breakdown

Bonus$70,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$763
Non-Equity Incentive Plan$245,065
Salary$459,500
Stock Awards$149,000
Other$27,914
Total$952,242

Funk received $459.5K in salary, accounting for 48% of the total pay in 2019.

Funk also received $70K in bonus, $763 of change in pension value and nonqualified deferred compensation earnings, $245.1K in non-equity incentive plan, $149K in stock awards and $27.9K in other compensation.

Rankings

In 2019, Charles N. Funk's compensation ranked 9,482nd out of 13,971 executives tracked by ExecPay. In other words, Funk earned more than 32.1% of executives.

ClassificationRankingPercentile
All
9,482
out of 13,971
32nd
Division
Finance, Insurance, And Real Estate
1,793
out of 2,901
38th
Major group
Depository Institutions
513
out of 1,223
58th
Industry group
Commercial Banks
440
out of 1,011
57th
Industry
State Commercial Banks
233
out of 627
63rd

Pay ratio

Charles N. Funk's Pay$952,242
Median Employee's Pay$54,385
Pay Ratio

18

to 1

In 2019, the annual total compensation of Charles N. Funk was $952,242.

The annual total compensation of the median employee at MidWest One Financial Group was $54,385.

The ratio of Charles N. Funk's pay to the pay of median employee was therefore 18 to one.

Source: SEC filing on March 6, 2020.

Funk's colleagues

We found four more compensation records of executives who worked with Charles N. Funk at MidWest One Financial Group in 2019.

2019

Barry Ray

MidWest One Financial Group

Chief Financial Officer

2019

James Cantrell

MidWest One Financial Group

Chief Investment Officer

2019

David Lindstrom

MidWest One Financial Group

Executive Vice President, Retail Banking

2019

Gregory Turner

MidWest One Financial Group

Executive Vice President, Wealth Management & Corporate Communications

News

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