Northwest Indiana Bancorp CEO Benjamin Bochnowski's 2022 pay falls 21% to $551K

Northwest Indiana Bancorp reports 2022 executive compensation

By ExecPay News

Published: March 30, 2023

Northwest Indiana Bancorp reported fiscal year 2022 executive compensation information on March 30, 2023.
In 2022, five executives at Northwest Indiana Bancorp received on average a compensation package of $376K, a 13% decrease compared to previous year.
Average pay of disclosed executives at Northwest Indiana Bancorp
Benjamin J. Bochnowski, Chief Executive Officer, received $551K in total, which decreased by 21% compared to 2021. 72% of Bochnowski's compensation, or $398K, was in salary. Bochnowski also received $104K in stock awards and $50K in other compensation.
Todd Scheub, Executive Vice President, Chief Revenue Officer; President of Peoples Bank, received a compensation package of $399K, which increased by 1% compared to previous year. 68% of the compensation package, or $271K, was in salary.
Robert T. Lowry, Chief Operating Officer, earned $338K in 2022, a 15% decrease compared to previous year.
Leane E. Cerven, General Counsel, received $306K in 2022, which decreases by 15% compared to 2021.
Peymon S. Torabi, Chief Financial Officer, earned $287K in 2022, a 11% decrease compared to previous year.

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, 2023.