Nitin J. Mhatre
2016
In 2016, Nitin J. Mhatre earned a total compensation of $1.4M as EVP Banking at Webster Financial, a 34% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $279,129 |
|---|---|
| Salary | $375,000 |
| Stock Awards | $632,489 |
| Other | $66,087 |
| Total | $1,352,705 |
Mhatre received $632.5K in stock awards, accounting for 47% of the total pay in 2016.
Mhatre also received $279.1K in non-equity incentive plan, $375K in salary and $66.1K in other compensation.
Rankings
In 2016, Nitin J. Mhatre's compensation ranked 6,765th out of 14,075 executives tracked by ExecPay. In other words, Mhatre earned more than 51.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,765 out of 14,075 | 52nd |
Division Finance, Insurance, And Real Estate | 1,305 out of 3,063 | 57th |
Major group Depository Institutions | 282 out of 1,390 | 80th |
Industry group Commercial Banks | 246 out of 1,102 | 78th |
Industry National Commercial Banks | 124 out of 362 | 66th |
Source: SEC filing on March 23, 2018.
Mhatre's colleagues
We found three more compensation records of executives who worked with Nitin J. Mhatre at Webster Financial in 2016.