Michael C. Rechin
2019
In 2019, Michael C. Rechin earned a total compensation of $1.7M as President and Chief Executive Officer at First Merchants, a 17% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $322,119 |
|---|---|
| Salary | $565,120 |
| Stock Awards | $566,250 |
| Other | $249,051 |
| Total | $1,702,540 |
Rechin received $566.3K in stock awards, accounting for 33% of the total pay in 2019.
Rechin also received $322.1K in non-equity incentive plan, $565.1K in salary and $249.1K in other compensation.
Rankings
In 2019, Michael C. Rechin's compensation ranked 6,700th out of 13,971 executives tracked by ExecPay. In other words, Rechin earned more than 52.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,700 out of 13,971 | 52nd |
Division Finance, Insurance, And Real Estate | 1,263 out of 2,901 | 57th |
Major group Depository Institutions | 266 out of 1,223 | 78th |
Industry group Commercial Banks | 226 out of 1,011 | 78th |
Industry National Commercial Banks | 127 out of 373 | 66th |
Source: SEC filing on April 1, 2020.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2019.
2019
Mark Hardwick
First Merchants
Chief Financial Officer
2019
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2019
John Martin
First Merchants
Executive Vice President and Chief Credit Officer
2019
Stephan Fluhler
First Merchants