Farmers & Merchants Bancorp CEO Paul Siebenmorgen's 2018 pay rises 15% to $820.2K

Farmers & Merchants Bancorp reports 2018 executive compensation

Published: March 12, 2019

Farmers & Merchants Bancorp reported fiscal year 2018 executive compensation information on March 12, 2019.

In 2018, six executives at Farmers & Merchants Bancorp received on average a compensation package of $411.3K, a 1% increase compared to previous year.

Average pay of disclosed executives at Farmers & Merchants Bancorp

Paul S. Siebenmorgen, Chief Executive Officer, received $820.2K in total, which increased by 15% compared to 2017. 46.00% of Siebenmorgen's compensation, or $377.3K, was in salary. Siebenmorgen also received $227.1K in non-equity incentive plan, $178.9K in stock awards, as well as $36.8K in other compensation.

For fiscal year 2018, the median employee pay was $41,826 at Farmers & Merchants Bancorp. Therefore, the ratio of Paul S. Siebenmorgen's pay to the median employee pay was 20 to one.

Barbara J. Britenriker, Executive Vice President PFO, received a compensation package of $438.4K, which increased by 13% compared to previous year. 47.69% of the compensation package, or $209.1K, was in salary.

Rex D. Rice, Executive Vice President, earned $353.4K in 2018, a 11% increase compared to previous year.

Edward A. Leininger, Executive Vice President, received $331.1K in 2018, which increases by 4% compared to 2017.

Todd A. Graham, Executive Vice President, earned $326.5K in 2018, a 9% increase compared to previous year.

Lars B. Eller, Chief Executive Officer, received $198K in 2018.