Robert N. Shuster
2007
In 2007, Robert N. Shuster earned a total compensation of $390.6K as Executive Vice President and Chief Financial Officer at Independent Bank, a 67% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $39,600 |
|---|---|
| Option Awards | $54,999 |
| Salary | $220,000 |
| Stock Awards | $54,994 |
| Other | $21,051 |
| Total | $390,644 |
Shuster received $220K in salary, accounting for 56% of the total pay in 2007.
Shuster also received $39.6K in non-equity incentive plan, $55K in option awards, $55K in stock awards and $21.1K in other compensation.
Rankings
In 2007, Robert N. Shuster's compensation ranked 6,792nd out of 8,700 executives tracked by ExecPay. In other words, Shuster earned more than 21.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,792 out of 8,700 | 22nd |
Division Finance, Insurance, And Real Estate | 1,309 out of 1,930 | 32nd |
Major group Depository Institutions | 465 out of 931 | 50th |
Industry group Commercial Banks | 406 out of 793 | 49th |
Industry State Commercial Banks | 210 out of 466 | 55th |
Source: SEC filing on March 24, 2010.
Shuster's colleagues
We found five more compensation records of executives who worked with Robert N. Shuster at Independent Bank in 2007.
2007
Michael Magee
Independent Bank
Chief Executive Officer
2007
Edward Swanson
Independent Bank
Chief Executive Officer
2007
David Reglin
Independent Bank
Executive Vice President Retail Banking
2007
William Kessel
Independent Bank
Executive Vice President Chief Operations Officer
2007
Stefanie Kimball
Independent Bank