Michael C. Rechin
2009
In 2009, Michael C. Rechin earned a total compensation of $518.5K as President and Chief Executive Officer at First Merchants.
Compensation breakdown
| Option Awards | $59,296 |
|---|---|
| Salary | $350,000 |
| Stock Awards | $44,560 |
| Other | $64,693 |
| Total | $518,549 |
Rechin received $350K in salary, accounting for 67% of the total pay in 2009.
Rechin also received $59.3K in option awards, $44.6K in stock awards and $64.7K in other compensation.
Rankings
In 2009, Michael C. Rechin's compensation ranked 6,753rd out of 9,885 executives tracked by ExecPay. In other words, Rechin earned more than 31.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,753 out of 9,885 | 32nd |
Division Finance, Insurance, And Real Estate | 1,333 out of 2,204 | 40th |
Major group Depository Institutions | 360 out of 1,006 | 64th |
Industry group Commercial Banks | 301 out of 833 | 64th |
Industry National Commercial Banks | 156 out of 327 | 52nd |
Source: SEC filing on March 16, 2012.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2009.
2009
Mark Hardwick
First Merchants
Chief Financial Officer
2009
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2009
Robert Connors
First Merchants
Senior Vice President and Chief Information Officer
2009
John Martin
First Merchants