Michael C. Rechin
2015
In 2015, Michael C. Rechin earned a total compensation of $1.2M as President and Chief Executive Officer at First Merchants, a 28% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $266,544 |
|---|---|
| Salary | $502,181 |
| Stock Awards | $306,458 |
| Other | $167,923 |
| Total | $1,243,106 |
Rechin received $502.2K in salary, accounting for 40% of the total pay in 2015.
Rechin also received $266.5K in non-equity incentive plan, $306.5K in stock awards and $167.9K in other compensation.
Rankings
In 2015, Michael C. Rechin's compensation ranked 6,884th out of 13,638 executives tracked by ExecPay. In other words, Rechin earned more than 49.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,884 out of 13,638 | 50th |
Division Finance, Insurance, And Real Estate | 1,309 out of 2,968 | 56th |
Major group Depository Institutions | 298 out of 1,318 | 77th |
Industry group Commercial Banks | 256 out of 1,040 | 75th |
Industry National Commercial Banks | 125 out of 345 | 64th |
Source: SEC filing on March 21, 2017.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2015.
2015
Mark Hardwick
First Merchants
Chief Financial Officer
2015
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2015
John Martin
First Merchants
Executive Vice President and Chief Credit Officer
2015
Stephan Fluhler
First Merchants