Michael E. Benito

Heritage Commerce

Executive Vice President/Banking Division of Heritage Bank of Commerce

Overview

Michael E. Benito made an average of $493.8K in compensation at Heritage Commerce from 2012 to 2018.

Annual data

2018

In 2018, Michael E. Benito earned a total compensation of $502.9K as Executive Vice President/Banking Division of Heritage Bank of Commerce at Heritage Commerce.

Ranking7,213 out of 8,301
Percentile13.1%

Michael E. Benito's 2018 compensation ranked 7,213th out of 8,301 executive pay records tracked by us this year.

Michael E. Benito earned more than 13.1% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking334 out of 504
Percentile33.7%

In the industry of state commercial banks, Michael E. Benito's 2018 pay ranked 334th out of 504 executive pay records tracked by us.

Michael E. Benito earned more than 33.7% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$24,000
Non-Equity Incentive Plan$70,003
Salary$280,013
Stock Awards$100,800
Other$28,053
Total$502,869

Benito received $280K in salary, which accounts for 55.68% of total compensation.

Benito also received $24K of change in pension value and nonqualified deferred compensation earnings, $70K in non-equity incentive plan, $100.8K in stock awards and $28.1K in other compensation.

Michael E. Benito's Pay$502,869
Median Employee's Pay$78,500
Pay Ratio6 : 1

For fiscal year 2018, the annual total compensation for Michael E. Benito was $502,869 and for the median employee at Heritage Commerce was $78,500. The resulting ratio of Michael E. Benito's pay to the pay of median employee was 6 to one.

2017

In 2017, Michael E. Benito earned a total compensation of $602.4K as Executive Vice President/Banking Division of Heritage Bank of Commerce at Heritage Commerce.

Ranking10,111 out of 13,165
Percentile23.2%

Michael E. Benito's 2017 compensation ranked 10,111th out of 13,165 executive pay records tracked by us this year.

Michael E. Benito earned more than 23.2% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking337 out of 667
Percentile49.5%

In the industry of state commercial banks, Michael E. Benito's 2017 pay ranked 337th out of 667 executive pay records tracked by us.

Michael E. Benito earned more than 49.5% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$126,400
Non-Equity Incentive Plan$91,070
Salary$271,852
Stock Awards$86,880
Other$26,258
Total$602,427

Benito received $271.9K in salary, which accounts for 45.13% of total compensation.

Benito also received $126.4K of change in pension value and nonqualified deferred compensation earnings, $91.1K in non-equity incentive plan, $86.9K in stock awards and $26.3K in other compensation.

2016

In 2016, Michael E. Benito earned a total compensation of $558K as Executive Vice President Banking Division at Heritage Commerce.

Ranking10,624 out of 13,853
Percentile23.3%

Michael E. Benito's 2016 compensation ranked 10,624th out of 13,853 executive pay records tracked by us this year.

Michael E. Benito earned more than 23.3% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking335 out of 696
Percentile51.9%

In the industry of state commercial banks, Michael E. Benito's 2016 pay ranked 335th out of 696 executive pay records tracked by us.

Michael E. Benito earned more than 51.9% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$101,000
Non-Equity Incentive Plan$96,123
Salary$263,352
Stock Awards$77,550
Other$20,011
Total$558,036

Benito received $263.4K in salary, which accounts for 47.19% of total compensation.

Benito also received $101K of change in pension value and nonqualified deferred compensation earnings, $96.1K in non-equity incentive plan, $77.6K in stock awards and $20K in other compensation.

2015

In 2015, Michael E. Benito earned a total compensation of $480.1K as Executive Vice President Banking Division at Heritage Commerce.

Ranking10,956 out of 13,574
Percentile19.3%

Michael E. Benito's 2015 compensation ranked 10,956th out of 13,574 executive pay records tracked by us this year.

Michael E. Benito earned more than 19.3% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking366 out of 670
Percentile45.4%

In the industry of state commercial banks, Michael E. Benito's 2015 pay ranked 366th out of 670 executive pay records tracked by us.

Michael E. Benito earned more than 45.4% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$55,900
Non-Equity Incentive Plan$81,181
Salary$253,689
Stock Awards$70,200
Other$19,147
Total$480,117

Benito received $253.7K in salary, which accounts for 52.84% of total compensation.

Benito also received $55.9K of change in pension value and nonqualified deferred compensation earnings, $81.2K in non-equity incentive plan, $70.2K in stock awards and $19.1K in other compensation.

2014

In 2014, Michael E. Benito earned a total compensation of $554.1K as Executive Vice President Banking Division at Heritage Commerce.

Ranking9,873 out of 12,876
Percentile23.3%

Michael E. Benito's 2014 compensation ranked 9,873rd out of 12,876 executive pay records tracked by us this year.

Michael E. Benito earned more than 23.3% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking303 out of 654
Percentile53.7%

In the industry of state commercial banks, Michael E. Benito's 2014 pay ranked 303rd out of 654 executive pay records tracked by us.

Michael E. Benito earned more than 53.7% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$146,700
Non-Equity Incentive Plan$96,706
Option Awards$48,664
Salary$244,826
Other$17,185
Total$554,081

Benito received $244.8K in salary, which accounts for 44.19% of total compensation.

Benito also received $146.7K of change in pension value and nonqualified deferred compensation earnings, $96.7K in non-equity incentive plan, $48.7K in option awards and $17.2K in other compensation.

2013

In 2013, Michael E. Benito earned a total compensation of $390.6K as Executive Vice President Banking Division at Heritage Commerce.

Ranking9,945 out of 11,965
Percentile16.9%

Michael E. Benito's 2013 compensation ranked 9,945th out of 11,965 executive pay records tracked by us this year.

Michael E. Benito earned more than 16.9% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking345 out of 597
Percentile42.2%

In the industry of state commercial banks, Michael E. Benito's 2013 pay ranked 345th out of 597 executive pay records tracked by us.

Michael E. Benito earned more than 42.2% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$21,700
Non-Equity Incentive Plan$78,091
Option Awards$38,231
Salary$235,779
Other$16,805
Total$390,606

Benito received $235.8K in salary, which accounts for 60.36% of total compensation.

Benito also received $21.7K of change in pension value and nonqualified deferred compensation earnings, $78.1K in non-equity incentive plan, $38.2K in option awards and $16.8K in other compensation.

2012

In 2012, Michael E. Benito earned a total compensation of $368.5K as Executive Vice President Banking Division at Heritage Commerce.

Ranking9,267 out of 10,949
Percentile15.4%

Michael E. Benito's 2012 compensation ranked 9,267th out of 10,949 executive pay records tracked by us this year.

Michael E. Benito earned more than 15.4% of all executives tracked by us in 2018.

IndustryState commercial banks
Ranking343 out of 557
Percentile38.4%

In the industry of state commercial banks, Michael E. Benito's 2012 pay ranked 343rd out of 557 executive pay records tracked by us.

Michael E. Benito earned more than 38.4% of executives in this industry.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$70,900
Non-Equity Incentive Plan$14,158
Salary$228,725
Stock Awards$38,340
Other$16,357
Total$368,480

Benito received $228.7K in salary, which accounts for 62.07% of total compensation.

Benito also received $70.9K of change in pension value and nonqualified deferred compensation earnings, $14.2K in non-equity incentive plan, $38.3K in stock awards and $16.4K in other compensation.