Bank First Corp CEO Michael Molepske's 2022 pay rises 3% to $1.3M

Bank First Corp reports 2022 executive compensation

By ExecPay News

Published: April 21, 2023

Bank First Corp reported fiscal year 2022 executive compensation information on April 21, 2023.
In 2022, five executives at Bank First Corp received on average a compensation package of $705K, a 7% decrease compared to previous year.
Average pay of disclosed executives at Bank First Corp
Michael B. Molepske, Chief Executive Officer, received $1.3M in total, which increased by 3% compared to 2021. 43% of Molepske's compensation, or $582K, was in salary. Molepske also received $340K in non-equity incentive plan, $351K in stock awards, as well as $69K in other compensation.
Joan A. Woldt, Chief Operating Officer, received a compensation package of $649K, which decreased by 2% compared to previous year. 51% of the compensation package, or $328K, was in salary.
Kevin LeMahieu, Chief Financial Officer, earned $613K in 2022, a 7% increase compared to previous year.
Jason V Krepline, Chief Lending Officer, received $566K in 2022, which increases by 3% compared to 2021.
Michael P. Dempsey, Former President Director, earned $356K in 2022, a 50% decrease compared to previous year.

Related executives

Michael Molepske

Bank First Corp

Chief Executive Officer

Michael Dempsey

Bank First Corp

Former President Director

Kevin LeMahieu

Bank First Corp

Chief Financial Officer

Joan Woldt

Bank First Corp

Chief Operating Officer

Jason Krepline

Bank First Corp

Chief Lending Officer

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Source: SEC filing on April 21, 2023.