Michael E. Benito
2017
In 2017, Michael E. Benito earned a total compensation of $602.4K as Executive Vice President/Banking Division of Heritage Bank of Commerce at Heritage Commerce, a 8% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $126,400 |
|---|---|
| Non-Equity Incentive Plan | $91,070 |
| Salary | $271,852 |
| Stock Awards | $86,880 |
| Other | $26,258 |
| Total | $602,427 |
Benito received $271.9K in salary, accounting for 45% of the total pay in 2017.
Benito also received $126.4K of change in pension value and nonqualified deferred compensation earnings, $91.1K in non-equity incentive plan, $86.9K in stock awards and $26.3K in other compensation.
Rankings
In 2017, Michael E. Benito's compensation ranked 11,178th out of 14,666 executives tracked by ExecPay. In other words, Benito earned more than 23.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,178 out of 14,666 | 24th |
Division Finance, Insurance, And Real Estate | 2,196 out of 3,159 | 31st |
Major group Depository Institutions | 738 out of 1,402 | 47th |
Industry group Commercial Banks | 639 out of 1,112 | 43rd |
Industry State Commercial Banks | 367 out of 736 | 50th |
Source: SEC filing on March 29, 2018.
Benito's colleagues
We found five more compensation records of executives who worked with Michael E. Benito at Heritage Commerce in 2017.
2017
Walter Kaczmarek
Heritage Commerce
Chief Executive Officer
2017
Keith Wilton
Heritage Commerce
Chief Operating Officer
2017
Lawrence McGovern
Heritage Commerce
Chief Financial Officer
2017
David Porter
Heritage Commerce
Executive Vice President & Chief Credit Officer of Heritage Bank of Commerce
2017
Margo Butsch
Heritage Commerce