Bridgewater Bancshares CEO Jerry Baack's 2018 pay slips 19% to $1.3M
Bridgewater Bancshares reports 2018 executive compensation
By ExecPay News
Published: March 19, 2019
Bridgewater Bancshares reported fiscal year 2018 executive compensation information on March 19, 2019.
In 2018, three executives at Bridgewater Bancshares received on average a compensation package of $956K, a 27% decrease compared to previous year.
Average pay of disclosed executives at Bridgewater Bancshares
Jerry Baack, Chief Executive Officer, received $1.3M in total, which decreased by 19% compared to 2017. 39% of Baack's compensation, or $526K, was in salary. Baack also received $480K in bonus, $59K of change in pension value and nonqualified deferred compensation earnings, as well as $272K in other compensation.
Mary Jayne Crocker, Chief Operating Officer, received a compensation package of $781K, which decreased by 31% compared to previous year. 45% of the compensation package, or $350K, was in salary.
Jeffrey D. Shellberg, Executive Vice President and Chief Credit Officer, earned $750K in 2018, a 34% decrease compared to previous year.
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Source: SEC filing on March 19, 2019.