Northwest Indiana Bancorp CEO Benjamin Bochnowski's 2023 pay slips 15% to $469K
Northwest Indiana Bancorp reports 2023 executive compensation
By ExecPay News
Published: March 29, 2024
Northwest Indiana Bancorp reported fiscal year 2023 executive compensation information on March 29, 2024.
In 2023, five executives at Northwest Indiana Bancorp received on average a compensation package of $312K, a 17% decrease compared to previous year.
Average pay of disclosed executives at Northwest Indiana Bancorp
Benjamin J. Bochnowski, Chief Executive Officer, received $469K in total, which decreased by 15% compared to 2022. 95% of Bochnowski's compensation, or $444K, was in salary. Bochnowski also received $24K in other compensation.
Robert T. Lowry, Chief Operating Officer, received a compensation package of $319K, which decreased by 6% compared to previous year. 92% of the compensation package, or $293K, was in salary.
Todd Scheub, Executive Vice President, Chief Revenue Officer ; President of Peoples Bank, earned $317K in 2023, a 21% decrease compared to previous year.
Peymon S. Torabi, Chief Financial Officer, received $262K in 2023, which decreases by 9% compared to 2022.
Leane E. Cerven, General Counsel, earned $195K in 2023, a 36% decrease compared to previous year.
Related executives
Benjamin Bochnowski
Northwest Indiana Bancorp
Chief Executive Officer
Robert Lowry
Northwest Indiana Bancorp
Chief Operating Officer
Todd Scheub
Northwest Indiana Bancorp
Executive Vice President, Chief Revenue Officer ; President of Peoples Bank
Peymon Torabi
Northwest Indiana Bancorp
Chief Financial Officer
Leane Cerven
Northwest Indiana Bancorp
General Counsel
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Source: SEC filing on March 29, 2024.