First Internet Bancorp CEO David Becker's 2019 pay rises 8% to $1.6M
First Internet Bancorp reports 2019 executive compensation
By ExecPay News
Published: March 31, 2020
First Internet Bancorp reported fiscal year 2019 executive compensation information on March 31, 2020.
In 2019, four executives at First Internet Bancorp received on average a compensation package of $847K, a 11% increase compared to previous year.
David B. Becker, Chief Executive Officer, received $1.6M in total, which increased by 8% compared to 2018. 43% of Becker's compensation, or $700K, was in salary. Becker also received $265K in non-equity incentive plan, $636K in stock awards, as well as $15K in other compensation.
Nicole S. Lorch, Chief Operating Officer, received a compensation package of $645K, which increased by 17% compared to previous year. 48% of the compensation package, or $310K, was in salary.
Kenneth J. Lovik, Chief Financial Officer, earned $635K in 2019, a 12% increase compared to previous year.
C. Charles Perfetti, Secretary, received $491K in 2019, which increases by 11% compared to 2018.