Edward J. Merritt
2017
In 2017, Edward J. Merritt earned a total compensation of $547.7K as Executive Vice President, Business Development and Community Reinvestment at Meridian Bancorp, a 51% increase compared to previous year.
Compensation breakdown
| Bonus | $92,898 |
|---|---|
| Option Awards | $63,736 |
| Salary | $258,050 |
| Stock Awards | $105,900 |
| Other | $27,069 |
| Total | $547,653 |
Merritt received $258.1K in salary, accounting for 47% of the total pay in 2017.
Merritt also received $92.9K in bonus, $63.7K in option awards, $105.9K in stock awards and $27.1K in other compensation.
Rankings
In 2017, Edward J. Merritt's compensation ranked 11,517th out of 14,666 executives tracked by ExecPay. In other words, Merritt earned more than 21.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,517 out of 14,666 | 22nd |
Division Finance, Insurance, And Real Estate | 2,271 out of 3,159 | 28th |
Major group Depository Institutions | 781 out of 1,402 | 44th |
Industry group Commercial Banks | 673 out of 1,112 | 40th |
Industry National Commercial Banks | 278 out of 369 | 25th |
Source: SEC filing on April 18, 2018.
Merritt's colleagues
We found four more compensation records of executives who worked with Edward J. Merritt at Meridian Bancorp in 2017.