Farmers & Merchants Bancorp reports 2018 executive compensation

CEO Paul S. Siebenmorgen receives $820.2K

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 $411,270, a 1% increase compared to previous year.

Average pay of disclosed executives at Farmers & Merchants Bancorp

Paul S. Siebenmorgen, Chief Executive Officer, received $820,221 in total, which increased by 15% compared to 2017. 46.00% of Siebenmorgen's compensation, or $377,325, was in salary. Siebenmorgen also received $227,138 in non-equity incentive plan, $178,920 in stock awards, as well as $36,838 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 $438,446, which increased by 13% compared to previous year. 47.69% of the compensation package, or $209,091, was in salary.

Rex D. Rice, Executive Vice President, earned $353,358 in 2018, a 11% increase compared to previous year.

Edward A. Leininger, Executive Vice President, received $331,110 in 2018, which increases by 4% compared to 2017.

Todd A. Graham, Executive Vice President, earned $326,492 in 2018, a 9% increase compared to previous year.

Lars B. Eller, Chief Executive Officer, received $197,993 in 2018.