Louis J. Torchio

2020

In 2020, Louis J. Torchio earned a total compensation of $654.4K as Senior Executive Vice President, Retail Lending at Northwest Bancshares, a 21% increase compared to previous year.

Compensation breakdown

Bonus$167,596
Change in Pension Value and Nonqualified Deferred Compensation Earnings$54,754
Option Awards$2,011
Salary$336,538
Stock Awards$70,398
Other$23,126
Total$654,423

Torchio received $336.5K in salary, accounting for 51% of the total pay in 2020.

Torchio also received $167.6K in bonus, $54.8K of change in pension value and nonqualified deferred compensation earnings, $2K in option awards, $70.4K in stock awards and $23.1K in other compensation.

Rankings

In 2020, Louis J. Torchio's compensation ranked 10,207th out of 13,090 executives tracked by ExecPay. In other words, Torchio earned more than 22.0% of executives.

ClassificationRankingPercentile
All
10,207
out of 13,090
22nd
Division
Finance, Insurance, And Real Estate
1,842
out of 2,551
28th
Major group
Depository Institutions
634
out of 1,117
43rd
Industry group
Commercial Banks
551
out of 897
39th
Industry
National Commercial Banks
217
out of 317
32nd

Pay ratio

Louis J. Torchio's Pay$654,423
Median Employee's Pay$39,263
Pay Ratio

17

to 1

In 2020, the annual total compensation of Louis J. Torchio was $654,423.

The annual total compensation of the median employee at Northwest Bancshares was $39,263.

The ratio of Louis J. Torchio's pay to the pay of median employee was therefore 17 to one.

Source: SEC filing on March 12, 2021.

Torchio's colleagues

We found four more compensation records of executives who worked with Louis J. Torchio at Northwest Bancshares in 2020.

2020

Ronald Seiffert

Northwest Bancshares

Chief Executive Officer

2020

William Harvey

Northwest Bancshares

Chief Financial Officer

2020

John Golding

Northwest Bancshares

Senior Executive Vice President, Consumer and Business Banking

2020

Mark Reitzes

Northwest Bancshares

Senior Executive Vice President, Commercial Banking

News

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