Northwest Indiana Bancorp CEO Benjamin Bochnowski's 2019 pay jumps 26% to $567K

Northwest Indiana Bancorp reports 2019 executive compensation

By ExecPay News

Published: April 3, 2020

Northwest Indiana Bancorp reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, five executives at Northwest Indiana Bancorp received on average a compensation package of $422K, a 22% increase compared to previous year.
Average pay of disclosed executives at Northwest Indiana Bancorp
Benjamin J. Bochnowski, Chief Executive Officer, received $567K in total, which increased by 26% compared to 2018. 61% of Bochnowski's compensation, or $347K, was in salary. Bochnowski also received $114K in non-equity incentive plan, $57K in stock awards, as well as $49K in other compensation.
David A. Bochnowski, Chairman, received a compensation package of $483K, which increased by 24% compared to previous year. 57% of the compensation package, or $276K, was in salary.
Todd Scheub, Executive Vice President, Chief Banking Officer, earned $367K in 2019, a 22% increase compared to previous year.
Robert T. Lowry, Chief Financial Officer, received $362K in 2019, which increases by 20% compared to 2018.
Leane E. Cerven, General Counsel, earned $333K in 2019, a 17% increase compared to previous year.

Related executives

David Bochnowski

Northwest Indiana Bancorp

Chairman

Benjamin Bochnowski

Northwest Indiana Bancorp

Chief Executive Officer

Robert Lowry

Northwest Indiana Bancorp

Chief Operating Officer

Leane Cerven

Northwest Indiana Bancorp

General Counsel

Todd Scheub

Northwest Indiana Bancorp

Executive Vice President, Chief Revenue Officer ; President of Peoples Bank

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Source: SEC filing on April 3, 2020.