Michael E. Benito
2013
In 2013, Michael E. Benito earned a total compensation of $390.6K as Executive Vice President Banking Division at Heritage Commerce, a 6% increase compared to previous year.
Compensation breakdown
| 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, accounting for 60% of the total pay in 2013.
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.
Rankings
In 2013, Michael E. Benito's compensation ranked 10,123rd out of 12,286 executives tracked by ExecPay. In other words, Benito earned more than 17.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 10,123 out of 12,286 | 18th |
Division Finance, Insurance, And Real Estate | 2,050 out of 2,693 | 24th |
Major group Depository Institutions | 711 out of 1,185 | 40th |
Industry group Commercial Banks | 601 out of 956 | 37th |
Industry State Commercial Banks | 353 out of 621 | 43rd |
Source: SEC filing on April 20, 2016.
Benito's colleagues
We found four more compensation records of executives who worked with Michael E. Benito at Heritage Commerce in 2013.