Kelly J. Potes
2023
In 2023, Kelly J. Potes earned a total compensation of $722.3K as Chief Executive Officer of ChoiceOne and ChoiceOne Bank at ChoiceOne Financial Services, a 12% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $125,424 |
|---|---|
| Salary | $468,000 |
| Stock Awards | $94,068 |
| Other | $34,761 |
| Total | $722,253 |
Potes received $468K in salary, accounting for 65% of the total pay in 2023.
Potes also received $125.4K in non-equity incentive plan, $94.1K in stock awards and $34.8K in other compensation.
Rankings
In 2023, Kelly J. Potes' compensation ranked 1,396th out of 2,338 executives tracked by ExecPay. In other words, Potes earned more than 40.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,396 out of 2,338 | 40th |
Division Finance, Insurance, And Real Estate | 152 out of 363 | 58th |
Major group Depository Institutions | 74 out of 231 | 68th |
Industry group Commercial Banks | 47 out of 139 | 66th |
Industry State Commercial Banks | 39 out of 116 | 66th |
Source: SEC filing on April 11, 2024.
Potes' colleagues
We found two more compensation records of executives who worked with Kelly J. Potes at ChoiceOne Financial Services in 2023.
News
ChoiceOne Financial Services CEO Kelly Potes' 2023 pay rises 12% to $722K
April 11, 2024
ChoiceOne Financial Services CEO Kelly Potes' 2022 pay slips 2% to $646K
April 11, 2023
ChoiceOne Financial Services CEO Kelly Potes' 2019 pay jumps 23% to $428K
April 16, 2020
ChoiceOne Financial Services President and Ch ive Officer of ChoiceOne and Bank Kelly Potes' 2018 pay rises 10% to $348K
April 19, 2019