Michael E. Benito
2016
In 2016, Michael E. Benito earned a total compensation of $558K as Executive Vice President Banking Division at Heritage Commerce, a 16% increase compared to previous year.
Compensation breakdown
| 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, accounting for 47% of the total pay in 2016.
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.
Rankings
In 2016, Michael E. Benito's compensation ranked 10,793rd out of 14,075 executives tracked by ExecPay. In other words, Benito earned more than 23.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 10,793 out of 14,075 | 23rd |
Division Finance, Insurance, And Real Estate | 2,103 out of 3,063 | 31st |
Major group Depository Institutions | 684 out of 1,390 | 51st |
Industry group Commercial Banks | 598 out of 1,102 | 46th |
Industry State Commercial Banks | 346 out of 728 | 53rd |
Source: SEC filing on April 19, 2017.
Benito's colleagues
We found four more compensation records of executives who worked with Michael E. Benito at Heritage Commerce in 2016.