Edward B. Swanson
2007
In 2007, Edward B. Swanson earned a total compensation of $428.2K as Former President and CEO Independent Bank South Michigan at Independent Bank, a 79% increase compared to previous year.
Compensation breakdown
| Salary | $94,432 |
|---|---|
| Other | $333,737 |
| Total | $428,169 |
Swanson received $333.7K in other compensation, accounting for 78% of the total pay in 2007.
Swanson also received $94.4K in salary.
Rankings
In 2007, Edward B. Swanson's compensation ranked 6,532nd out of 8,700 executives tracked by ExecPay. In other words, Swanson earned more than 24.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,532 out of 8,700 | 25th |
Division Finance, Insurance, And Real Estate | 1,251 out of 1,930 | 35th |
Major group Depository Institutions | 427 out of 931 | 54th |
Industry group Commercial Banks | 373 out of 793 | 53rd |
Industry State Commercial Banks | 190 out of 466 | 59th |
Source: SEC filing on March 19, 2008.
Swanson's colleagues
We found five more compensation records of executives who worked with Edward B. Swanson at Independent Bank in 2007.
2007
Michael Magee
Independent Bank
Chief Executive Officer
2007
Robert Shuster
Independent Bank
Chief Financial Officer
2007
David Reglin
Independent Bank
Executive Vice President Retail Banking
2007
William Kessel
Independent Bank
Executive Vice President Chief Operations Officer
2007
Stefanie Kimball
Independent Bank