Farmers & Merchants Bancorp CEO Lars Eller's 2021 pay jumps 22% to $718K
Farmers & Merchants Bancorp reports 2021 executive compensation
By ExecPay News
Published: February 25, 2022
Farmers & Merchants Bancorp reported fiscal year 2021 executive compensation information on February 25, 2022.
In 2021, five executives at Farmers & Merchants Bancorp received on average a compensation package of $427K, a 11% increase compared to previous year.
Average pay of disclosed executives at Farmers & Merchants Bancorp
Lars B. Eller, Chief Executive Officer, received $718K in total, which increased by 22% compared to 2020. 54% of Eller's compensation, or $389K, was in salary. Eller also received $223K in non-equity incentive plan, $68K in stock awards, as well as $37K in other compensation.
Barbara J. Britenriker, Executive Vice President PFO, received a compensation package of $419K, which increased by 6% compared to previous year. 56% of the compensation package, or $235K, was in salary.
Rex D. Rice, Executive Vice President, earned $360K in 2021, a 6% increase compared to previous year.
Edward A. Leininger, Executive Vice President, received $338K in 2021, which increases by 4% compared to 2020.
Benét S. Rupp, Executive Vice President, earned $301K in 2021, a 7% increase compared to previous year.
Related executives
Lars Eller
Farmers & Merchants Bancorp
Chief Executive Officer
Barbara Britenriker
Farmers & Merchants Bancorp
Executive Vice President PFO
Edward Leininger
Farmers & Merchants Bancorp
Executive Vice President
Rex Rice
Farmers & Merchants Bancorp
Executive Vice President
Benét Rupp
Farmers & Merchants Bancorp
Executive Vice President
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Source: SEC filing on February 25, 2022.