Michael E. Benito
2020
In 2020, Michael E. Benito earned a total compensation of $919.8K as Executive Vice President/Business Banking Manager of Heritage Bank of Commerce at Heritage Commerce, a 1% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $343,000 |
|---|---|
| Non-Equity Incentive Plan | $121,064 |
| Salary | $302,660 |
| Stock Awards | $121,951 |
| Other | $31,130 |
| Total | $919,805 |
Benito received $343K of change in pension value and nonqualified deferred compensation earnings, accounting for 37% of the total pay in 2020.
Benito also received $121.1K in non-equity incentive plan, $302.7K in salary, $122K in stock awards and $31.1K in other compensation.
Rankings
In 2020, Michael E. Benito's compensation ranked 8,972nd out of 13,090 executives tracked by ExecPay. In other words, Benito earned more than 31.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,972 out of 13,090 | 32nd |
Division Finance, Insurance, And Real Estate | 1,570 out of 2,551 | 39th |
Major group Depository Institutions | 473 out of 1,117 | 58th |
Industry group Commercial Banks | 407 out of 897 | 55th |
Industry State Commercial Banks | 239 out of 569 | 58th |
Source: SEC filing on April 14, 2022.
Benito's colleagues
We found four more compensation records of executives who worked with Michael E. Benito at Heritage Commerce in 2020.
2020
Keith Wilton
Heritage Commerce
Chief Executive Officer
2020
Lawrence McGovern
Heritage Commerce
Chief Financial Officer
2020
Robertson Jones
Heritage Commerce
Chief Operating Officer
2020
Margo Butsch
Heritage Commerce