Robert B. Kaminski, Jr

2021

In 2021, Robert B. Kaminski, Jr earned a total compensation of $1.2M as President and Chief Executive Officer of Mercantile, and Chief Executive Officer of the Bank at Mercantile Bank, a 11% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$67
Non-Equity Incentive Plan$286,163
Salary$519,000
Stock Awards$348,700
Other$54,989
Total$1,208,919

Kaminski received $519K in salary, accounting for 43% of the total pay in 2021.

Kaminski also received $67 of change in pension value and nonqualified deferred compensation earnings, $286.2K in non-equity incentive plan, $348.7K in stock awards and $55K in other compensation.

Rankings

In 2021, Robert B. Kaminski, Jr's compensation ranked 8,093rd out of 12,406 executives tracked by ExecPay. In other words, Kaminski earned more than 34.8% of executives.

ClassificationRankingPercentile
All
8,093
out of 12,406
35th
Division
Finance, Insurance, And Real Estate
1,279
out of 2,278
44th
Major group
Depository Institutions
336
out of 1,000
66th
Industry group
Commercial Banks
291
out of 800
64th
Industry
State Commercial Banks
158
out of 512
69th

Pay ratio

Robert B. Kaminski, Jr's Pay$1,208,919
Median Employee's Pay$53,499
Pay Ratio

23

to 1

In 2021, the annual total compensation of Robert B. Kaminski, Jr was $1,208,919.

The annual total compensation of the median employee at Mercantile Bank was $53,499.

The ratio of Robert B. Kaminski, Jr's pay to the pay of median employee was therefore 23 to one.

Source: SEC filing on April 7, 2022.

Kaminski's colleagues

We found four more compensation records of executives who worked with Robert B. Kaminski, Jr at Mercantile Bank in 2021.

2021

Raymond Reitsma

Mercantile Bank

Chief Operating Officer

2021

Charles Christmas

Mercantile Bank

Chief Financial Officer

2021

Lonna Wiersma

Mercantile Bank

Senior Vice President and Human Resources Director of Mercantile and the Bank

2021

Robert Worthington

Mercantile Bank

General Counsel

News

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