Farmers & Merchants Bancorp CEO Paul Siebenmorgen's 2018 pay rises 15% to $820K
Farmers & Merchants Bancorp reports 2018 executive compensation
By ExecPay News
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 $411K, a 1% increase compared to previous year.
Average pay of disclosed executives at Farmers & Merchants Bancorp
Paul S. Siebenmorgen, Chief Executive Officer, received $820K in total, which increased by 15% compared to 2017. 46% of Siebenmorgen's compensation, or $377K, was in salary. Siebenmorgen also received $227K in non-equity incentive plan, $179K in stock awards, as well as $37K 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 $438K, which increased by 13% compared to previous year. 48% of the compensation package, or $209K, was in salary.
Rex D. Rice, Executive Vice President, earned $353K in 2018, a 11% increase compared to previous year.
Edward A. Leininger, Executive Vice President, received $331K in 2018, which increases by 4% compared to 2017.
Todd A. Graham, Executive Vice President, earned $326K in 2018, a 9% increase compared to previous year.
Lars B. Eller, Chief Executive Officer, received $198K in 2018.
Related executives
Paul Siebenmorgen
Farmers & Merchants Bancorp
Chief Executive Officer
Lars Eller
Farmers & Merchants Bancorp
Chief Executive Officer
Barbara Britenriker
Farmers & Merchants Bancorp
Executive Vice President PFO
Todd Graham
Farmers & Merchants Bancorp
Executive Vice President
Edward Leininger
Farmers & Merchants Bancorp
Executive Vice President
Rex Rice
Farmers & Merchants Bancorp
Executive Vice President
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Source: SEC filing on March 12, 2019.