Robert N. Shuster
2019
In 2019, Robert N. Shuster earned a total compensation of $554.4K as Executive Vice President and Chief Financial Officer at Independent Bank, a 1% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $127,714 |
|---|---|
| Salary | $278,000 |
| Stock Awards | $112,003 |
| Other | $36,729 |
| Total | $554,446 |
Shuster received $278K in salary, accounting for 50% of the total pay in 2019.
Shuster also received $127.7K in non-equity incentive plan, $112K in stock awards and $36.7K in other compensation.
Rankings
In 2019, Robert N. Shuster's compensation ranked 11,441st out of 13,971 executives tracked by ExecPay. In other words, Shuster earned more than 18.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,441 out of 13,971 | 18th |
Division Finance, Insurance, And Real Estate | 2,262 out of 2,901 | 22nd |
Major group Depository Institutions | 793 out of 1,223 | 35th |
Industry group Commercial Banks | 689 out of 1,011 | 32nd |
Industry State Commercial Banks | 398 out of 627 | 37th |
Source: SEC filing on March 6, 2020.
Shuster's colleagues
We found six more compensation records of executives who worked with Robert N. Shuster at Independent Bank in 2019.
2019
William Kessel
Independent Bank
Chief Executive Officer
2019
Stefanie Kimball
Independent Bank
Executive Vice President Chief Risk Officer
2019
Dennis Mack
Independent Bank
Executive Vice President Chief Lending Officer
2019
Patrick Ervin
Independent Bank
Executive Vice President Mortgage Banking
2019
Joel Rahn
Independent Bank
Executive Vice President Commercial Lending
2019
Stephen Erickson
Independent Bank