Michael E. Benito
2021
In 2021, Michael E. Benito earned a total compensation of $735K as Executive Vice President/Business Banking Manager of Heritage Bank of Commerce at Heritage Commerce, a 20% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $52,100 |
|---|---|
| Non-Equity Incentive Plan | $177,135 |
| Salary | $316,313 |
| Stock Awards | $144,052 |
| Other | $45,393 |
| Total | $734,993 |
Benito received $316.3K in salary, accounting for 43% of the total pay in 2021.
Benito also received $52.1K of change in pension value and nonqualified deferred compensation earnings, $177.1K in non-equity incentive plan, $144.1K in stock awards and $45.4K in other compensation.
Rankings
In 2021, Michael E. Benito's compensation ranked 9,736th out of 12,397 executives tracked by ExecPay. In other words, Benito earned more than 21.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,736 out of 12,397 | 22nd |
Division Finance, Insurance, And Real Estate | 1,616 out of 2,278 | 29th |
Major group Depository Institutions | 549 out of 1,000 | 45th |
Industry group Commercial Banks | 477 out of 800 | 40th |
Industry State Commercial Banks | 279 out of 512 | 46th |
Source: SEC filing on April 14, 2022.
Benito's colleagues
We found five more compensation records of executives who worked with Michael E. Benito at Heritage Commerce in 2021.
2021
Keith Wilton
Heritage Commerce
Chief Executive Officer
2021
Walter Kaczmarek
Heritage Commerce
Chief Executive Officer
2021
Lawrence McGovern
Heritage Commerce
Chief Financial Officer
2021
Robertson Jones
Heritage Commerce
Chief Operating Officer
2021
Margo Butsch
Heritage Commerce