Harlee N. Olafson

2021

In 2021, Harlee N. Olafson earned a total compensation of $788.3K as Executive Vice President and Chief Risk Officer of the Company and West Bank at West Bancorp., a 8% increase compared to previous year.

Compensation breakdown

Bonus$6,600
Non-Equity Incentive Plan$165,396
Salary$330,000
Stock Awards$257,325
Other$29,000
Total$788,321

Olafson received $330K in salary, accounting for 42% of the total pay in 2021.

Olafson also received $6.6K in bonus, $165.4K in non-equity incentive plan, $257.3K in stock awards and $29K in other compensation.

Rankings

In 2021, Harlee N. Olafson's compensation ranked 9,518th out of 12,405 executives tracked by ExecPay. In other words, Olafson earned more than 23.3% of executives.

ClassificationRankingPercentile
All
9,518
out of 12,405
23rd
Division
Finance, Insurance, And Real Estate
1,577
out of 2,278
31st
Major group
Depository Institutions
525
out of 1,000
48th
Industry group
Commercial Banks
455
out of 800
43rd
Industry
State Commercial Banks
262
out of 512
49th

Pay ratio

Harlee N. Olafson's Pay$788,321
Median Employee's Pay$70,564
Pay Ratio

11

to 1

In 2021, the annual total compensation of Harlee N. Olafson was $788,321.

The annual total compensation of the median employee at West Bancorp. was $70,564.

The ratio of Harlee N. Olafson's pay to the pay of median employee was therefore 11 to one.

Source: SEC filing on March 10, 2022.

Olafson's colleagues

We found four more compensation records of executives who worked with Harlee N. Olafson at West Bancorp. in 2021.

2021

David Nelson

West Bancorp.

Chief Executive Officer

2021

Douglas Gulling

West Bancorp.

Chief Financial Officer

2021

Brad Winterbottom

West Bancorp.

Executive Vice President of the Company and President of West Bank

2021

Bradley Peters

West Bancorp.

Executive Vice President of the Company and Executive Vice President and Minnesota Market President of West Bank

News

You may also like