Northwest Indiana Bancorp CEO Benjamin Bochnowski's 2020 pay rises 1% to $572K

Northwest Indiana Bancorp reports 2020 executive compensation

By ExecPay News

Published: March 31, 2021

Northwest Indiana Bancorp reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, five executives at Northwest Indiana Bancorp received on average a compensation package of $434K, a 3% increase compared to previous year.
Average pay of disclosed executives at Northwest Indiana Bancorp
Benjamin J. Bochnowski, Chief Executive Officer, received $572K in total, which increased by 1% compared to 2019. 62% of Bochnowski's compensation, or $355K, was in salary. Bochnowski also received $118K in non-equity incentive plan, $59K in stock awards, as well as $39K in other compensation.
David A. Bochnowski, Chairman, received a compensation package of $539K, which increased by 12% compared to previous year. 52% of the compensation package, or $280K, was in salary.
Todd Scheub, Executive Vice President, Chief Banking Officer, earned $367K in 2020, which is about the same as previous year.
Robert T. Lowry, Chief Operating Officer, received $362K in 2020, which is about the same as previous year.
Leane E. Cerven, General Counsel, earned $333K in 2020, which is about the same as 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 March 31, 2021.