First Internet Bancorp CEO David Becker's 2020 pay jumps 25% to $2M
First Internet Bancorp reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
First Internet Bancorp reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, four executives at First Internet Bancorp received on average a compensation package of $1M, a 20% increase compared to previous year.
David B. Becker, Chief Executive Officer, received $2M in total, which increased by 25% compared to 2019. 39% of Becker's compensation, or $800K, was in salary. Becker also received $509K in non-equity incentive plan, $699K in stock awards, as well as $17K in other compensation.
Nicole S. Lorch, Chief Operating Officer, received a compensation package of $749K, which increased by 16% compared to previous year. 44% of the compensation package, or $330K, was in salary.
Kenneth J. Lovik, Chief Financial Officer, earned $731K in 2020, a 15% increase compared to previous year.
C. Charles Perfetti, Secretary, received $569K in 2020, which increases by 16% compared to 2019.