Robert T. Worthington
2021
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $642 |
|---|---|
| Non-Equity Incentive Plan | $74,145 |
| Salary | $260,000 |
| Stock Awards | $52,011 |
| Other | $22,183 |
| Total | $408,981 |
Worthington received $260K in salary, accounting for 64% of the total pay in 2021.
Worthington also received $642 of change in pension value and nonqualified deferred compensation earnings, $74.1K in non-equity incentive plan, $52K in stock awards and $22.2K in other compensation.
Rankings
In 2021, Robert T. Worthington's compensation ranked 11,120th out of 12,406 executives tracked by ExecPay. In other words, Worthington earned more than 10.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,120 out of 12,406 | 10th |
Division Finance, Insurance, And Real Estate | 1,981 out of 2,278 | 13th |
Major group Depository Institutions | 818 out of 1,000 | 18th |
Industry group Commercial Banks | 697 out of 800 | 13th |
Industry State Commercial Banks | 440 out of 512 | 14th |
Pay ratio
| Robert T. Worthington's Pay | $408,981 |
|---|---|
| Median Employee's Pay | $53,499 |
| Pay Ratio | 8to 1 |
In 2021, the annual total compensation of Robert T. Worthington was $408,981.
The annual total compensation of the median employee at Mercantile Bank was $53,499.
The ratio of Robert T. Worthington's pay to the pay of median employee was therefore 8 to one.
Worthington's colleagues
We found four more compensation records of executives who worked with Robert T. Worthington at Mercantile Bank in 2021.
2021
Robert Kaminski
Mercantile Bank
Chief Executive Officer
2021
Raymond Reitsma
Mercantile Bank
Chief Operating Officer
2021
Charles Christmas
Mercantile Bank
Chief Financial Officer
2021
Lonna Wiersma
Mercantile Bank