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.
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.