First Internet Bancorp CEO David Becker's 2021 pay slips 6% to $1.9M
First Internet Bancorp reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
First Internet Bancorp reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, four executives at First Internet Bancorp received on average a compensation package of $1M, which is about the same as previous year.
Average pay of disclosed executives at First Internet Bancorp
David B. Becker, Chief Executive Officer, received $1.9M in total, which decreased by 6% compared to 2020. 42% of Becker's compensation, or $800K, was in salary. Becker also received $458K in non-equity incentive plan, $633K in stock awards, as well as $17K in other compensation.
For fiscal year 2021, the median employee pay was $83,870 at First Internet Bancorp. Therefore, the ratio of David B. Becker's pay to the median employee pay was 23 to one.
Nicole S. Lorch, Chief Operating Officer, received a compensation package of $849K, which increased by 13% compared to previous year. 47% of the compensation package, or $403K, was in salary.
Kenneth J. Lovik, Chief Financial Officer, earned $740K in 2021, a 1% increase compared to previous year.
C. Charles Perfetti, Secretary, received $577K in 2021, which increases by 1% compared to 2020.
Related executives
You may also like
Source: SEC filing on March 28, 2022.