Michael C. Rechin
2011
In 2011, Michael C. Rechin earned a total compensation of $641K as President and Chief Executive Officer at First Merchants, a 29% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $64,590 |
|---|---|
| Salary | $359,692 |
| Stock Awards | $147,200 |
| Other | $69,490 |
| Total | $640,972 |
Rechin received $359.7K in salary, accounting for 56% of the total pay in 2011.
Rechin also received $64.6K in non-equity incentive plan, $147.2K in stock awards and $69.5K in other compensation.
Rankings
In 2011, Michael C. Rechin's compensation ranked 7,267th out of 10,747 executives tracked by ExecPay. In other words, Rechin earned more than 32.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,267 out of 10,747 | 32nd |
Division Finance, Insurance, And Real Estate | 1,357 out of 2,383 | 43rd |
Major group Depository Institutions | 381 out of 1,107 | 66th |
Industry group Commercial Banks | 330 out of 895 | 63rd |
Industry National Commercial Banks | 169 out of 330 | 49th |
Source: SEC filing on April 2, 2014.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2011.
2011
Mark Hardwick
First Merchants
Chief Financial Officer
2011
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2011
Robert Connors
First Merchants
Senior Vice President and Chief Information Officer
2011
John Martin
First Merchants