Bankwell Financial Group CEO Christopher Gruseke's 2021 pay falls 30% to $1.3M
Bankwell Financial Group reports 2021 executive compensation
By ExecPay News
Published: April 15, 2022
Bankwell Financial Group reported fiscal year 2021 executive compensation information on April 15, 2022.
In 2021, five executives at Bankwell Financial Group received on average a compensation package of $827K, a 1% decrease compared to previous year.
Average pay of disclosed executives at Bankwell Financial Group
Christopher R. Gruseke, Chief Executive Officer, received $1.3M in total, which decreased by 30% compared to 2020. 48% of Gruseke's compensation, or $600K, was in salary. Gruseke also received $405K in non-equity incentive plan, $244K in stock awards, as well as $13K in other compensation.
Matt McNeill, EVP and Chief Banking Officer, received a compensation package of $888K, which increased by 20% compared to previous year. 48% of the compensation package, or $425K, was in salary.
Matthew McNeill, EVP and Chief Banking Officer, earned $888K in 2021.
Christine Chivily, EVP and CRCO, received $555K in 2021, which increases by 49% compared to 2020.
Penko Ivanov, Chief Financial Officer, earned $543K in 2021, a 30% increase compared to previous year.
Related executives
Christopher Gruseke
Bankwell Financial Group
Chief Executive Officer
Christine Chivily
Bankwell Financial Group
EVP and CRCO
Matt McNeill
Bankwell Financial Group
EVP and Chief Banking Officer
Matthew McNeill
Bankwell Financial Group
EVP and Chief Banking Officer
Penko Ivanov
Bankwell Financial Group
Chief Financial Officer
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Source: SEC filing on April 15, 2022.