Michael E. Benito
2019
In 2019, Michael E. Benito earned a total compensation of $933.4K as Executive Vice President/Business Banking Manager of Heritage Bank of Commerce at Heritage Commerce, a 86% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $374,600 |
|---|---|
| Non-Equity Incentive Plan | $90,172 |
| Salary | $292,517 |
| Stock Awards | $145,920 |
| Other | $30,220 |
| Total | $933,429 |
Benito received $374.6K of change in pension value and nonqualified deferred compensation earnings, accounting for 40% of the total pay in 2019.
Benito also received $90.2K in non-equity incentive plan, $292.5K in salary, $145.9K in stock awards and $30.2K in other compensation.
Rankings
In 2019, Michael E. Benito's compensation ranked 9,594th out of 13,971 executives tracked by ExecPay. In other words, Benito earned more than 31.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,594 out of 13,971 | 31st |
Division Finance, Insurance, And Real Estate | 1,811 out of 2,901 | 38th |
Major group Depository Institutions | 525 out of 1,223 | 57th |
Industry group Commercial Banks | 451 out of 1,011 | 55th |
Industry State Commercial Banks | 238 out of 627 | 62nd |
Source: SEC filing on April 15, 2020.
Benito's colleagues
We found five more compensation records of executives who worked with Michael E. Benito at Heritage Commerce in 2019.
2019
Walter Kaczmarek
Heritage Commerce
Chief Executive Officer
2019
Lawrence McGovern
Heritage Commerce
Chief Financial Officer
2019
Keith Wilton
Heritage Commerce
Chief Executive Officer
2019
Margo Butsch
Heritage Commerce
Executive Vice President & Chief Credit Officer of Heritage Bank of Commerce
2019
Robertson Jones
Heritage Commerce