Michael C. Rechin
2017
In 2017, Michael C. Rechin earned a total compensation of $1.9M as President and Chief Executive Officer at First Merchants, a 35% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $543,524 |
|---|---|
| Salary | $532,867 |
| Stock Awards | $606,600 |
| Other | $221,570 |
| Total | $1,904,561 |
Rechin received $606.6K in stock awards, accounting for 32% of the total pay in 2017.
Rechin also received $543.5K in non-equity incentive plan, $532.9K in salary and $221.6K in other compensation.
Rankings
In 2017, Michael C. Rechin's compensation ranked 5,738th out of 14,666 executives tracked by ExecPay. In other words, Rechin earned more than 60.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,738 out of 14,666 | 61st |
Division Finance, Insurance, And Real Estate | 1,101 out of 3,159 | 65th |
Major group Depository Institutions | 229 out of 1,402 | 84th |
Industry group Commercial Banks | 204 out of 1,112 | 82nd |
Industry National Commercial Banks | 109 out of 369 | 71st |
Source: SEC filing on March 22, 2018.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2017.
2017
Mark Hardwick
First Merchants
Chief Financial Officer
2017
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2017
John Martin
First Merchants
Executive Vice President and Chief Credit Officer
2017
Stephan Fluhler
First Merchants