Robert T. Worthington
2019
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,101 |
|---|---|
| Non-Equity Incentive Plan | $62,563 |
| Salary | $260,000 |
| Stock Awards | $90,978 |
| Other | $26,782 |
| Total | $441,424 |
Worthington received $260K in salary, accounting for 59% of the total pay in 2019.
Worthington also received $1.1K of change in pension value and nonqualified deferred compensation earnings, $62.6K in non-equity incentive plan, $91K in stock awards and $26.8K in other compensation.
Rankings
In 2019, Robert T. Worthington's compensation ranked 12,099th out of 13,971 executives tracked by ExecPay. In other words, Worthington earned more than 13.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,099 out of 13,971 | 13th |
Division Finance, Insurance, And Real Estate | 2,434 out of 2,901 | 16th |
Major group Depository Institutions | 926 out of 1,223 | 24th |
Industry group Commercial Banks | 801 out of 1,011 | 21st |
Industry State Commercial Banks | 483 out of 627 | 23rd |
Pay ratio
| Robert T. Worthington's Pay | $441,424 |
|---|---|
| Median Employee's Pay | $49,630 |
| Pay Ratio | 9to 1 |
In 2019, the annual total compensation of Robert T. Worthington was $441,424.
The annual total compensation of the median employee at Mercantile Bank was $49,630.
The ratio of Robert T. Worthington's pay to the pay of median employee was therefore 9 to one.
Worthington's colleagues
We found four more compensation records of executives who worked with Robert T. Worthington at Mercantile Bank in 2019.
2019
Robert Kaminski
Mercantile Bank
Chief Executive Officer
2019
Raymond Reitsma
Mercantile Bank
Executive Vice President of Mercantile, and President of the Bank
2019
Charles Christmas
Mercantile Bank
Chief Financial Officer
2019
Lonna Wiersma
Mercantile Bank