Michael C. Rechin
2018
In 2018, Michael C. Rechin earned a total compensation of $2M as President and Chief Executive Officer at First Merchants, a 7% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $517,019 |
|---|---|
| Salary | $548,853 |
| Stock Awards | $729,750 |
| Other | $251,279 |
| Total | $2,046,901 |
Rechin received $729.8K in stock awards, accounting for 36% of the total pay in 2018.
Rechin also received $517K in non-equity incentive plan, $548.9K in salary and $251.3K in other compensation.
Rankings
In 2018, Michael C. Rechin's compensation ranked 5,611th out of 14,244 executives tracked by ExecPay. In other words, Rechin earned more than 60.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,611 out of 14,244 | 61st |
Division Finance, Insurance, And Real Estate | 1,024 out of 2,994 | 66th |
Major group Depository Institutions | 220 out of 1,316 | 83rd |
Industry group Commercial Banks | 200 out of 1,072 | 81st |
Industry National Commercial Banks | 105 out of 352 | 70th |
Source: SEC filing on March 21, 2019.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2018.
2018
Mark Hardwick
First Merchants
Chief Financial Officer
2018
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2018
John Martin
First Merchants
Executive Vice President and Chief Credit Officer
2018
Stephan Fluhler
First Merchants