Robert T. Worthington
2020
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $334 |
|---|---|
| Non-Equity Incentive Plan | $62,563 |
| Salary | $270,000 |
| Stock Awards | $90,998 |
| Other | $26,972 |
| Total | $450,867 |
Worthington received $270K in salary, accounting for 60% of the total pay in 2020.
Worthington also received $334 of change in pension value and nonqualified deferred compensation earnings, $62.6K in non-equity incentive plan, $91K in stock awards and $27K in other compensation.
Rankings
In 2020, Robert T. Worthington's compensation ranked 11,292nd out of 13,090 executives tracked by ExecPay. In other words, Worthington earned more than 13.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,292 out of 13,090 | 14th |
Division Finance, Insurance, And Real Estate | 2,126 out of 2,551 | 17th |
Major group Depository Institutions | 841 out of 1,117 | 25th |
Industry group Commercial Banks | 721 out of 897 | 20th |
Industry State Commercial Banks | 449 out of 569 | 21st |
Pay ratio
| Robert T. Worthington's Pay | $450,867 |
|---|---|
| Median Employee's Pay | $51,278 |
| Pay Ratio | 9to 1 |
In 2020, the annual total compensation of Robert T. Worthington was $450,867.
The annual total compensation of the median employee at Mercantile Bank was $51,278.
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 2020.
2020
Robert Kaminski
Mercantile Bank
Chief Executive Officer
2020
Raymond Reitsma
Mercantile Bank
Executive Vice President of Mercantile, and President of the Bank
2020
Charles Christmas
Mercantile Bank
Chief Financial Officer
2020
Lonna Wiersma
Mercantile Bank