Michael C. Rechin
2016
In 2016, Michael C. Rechin earned a total compensation of $1.4M as President and Chief Executive Officer at First Merchants, a 14% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $372,219 |
|---|---|
| Salary | $516,971 |
| Stock Awards | $351,150 |
| Other | $171,362 |
| Total | $1,411,702 |
Rechin received $517K in salary, accounting for 37% of the total pay in 2016.
Rechin also received $372.2K in non-equity incentive plan, $351.2K in stock awards and $171.4K in other compensation.
Rankings
In 2016, Michael C. Rechin's compensation ranked 6,550th out of 14,075 executives tracked by ExecPay. In other words, Rechin earned more than 53.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,550 out of 14,075 | 54th |
Division Finance, Insurance, And Real Estate | 1,264 out of 3,063 | 59th |
Major group Depository Institutions | 267 out of 1,390 | 81st |
Industry group Commercial Banks | 233 out of 1,102 | 79th |
Industry National Commercial Banks | 118 out of 362 | 67th |
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 2016.
2016
Mark Hardwick
First Merchants
Chief Financial Officer
2016
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2016
John Martin
First Merchants
Executive Vice President and Chief Credit Officer
2016
Stephan Fluhler
First Merchants