Northwest Indiana Bancorp CEO Benjamin Bochnowski's 2021 pay jumps 21% to $694K
Northwest Indiana Bancorp reports 2021 executive compensation
By ExecPay News
Published: March 30, 2022
Northwest Indiana Bancorp reported fiscal year 2021 executive compensation information on March 30, 2022.
In 2021, five executives at Northwest Indiana Bancorp received on average a compensation package of $434K, which is about the same as previous year.
Average pay of disclosed executives at Northwest Indiana Bancorp
Benjamin J. Bochnowski, Chief Executive Officer, received $694K in total, which increased by 21% compared to 2020. 56% of Bochnowski's compensation, or $387K, was in salary. Bochnowski also received $145K in non-equity incentive plan, $104K in stock awards, as well as $59K in other compensation.
Robert T. Lowry, Chief Operating Officer, received a compensation package of $396K, which increased by 9% compared to previous year. 61% of the compensation package, or $243K, was in salary.
Todd Scheub, Executive Vice President, Chief Banking Officer, earned $395K in 2021, a 8% increase compared to previous year.
Leane E. Cerven, General Counsel, received $362K in 2021, which increases by 9% compared to 2020.
Peymon S. Torabi, Chief Financial Officer, earned $323K in 2021.
Related executives
Benjamin Bochnowski
Northwest Indiana Bancorp
Chief Executive Officer
Peymon Torabi
Northwest Indiana Bancorp
Chief Financial 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 30, 2022.