Heritage Commerce CEO Keith Wilton's 2021 pay jumps 42% to $1.8M
Heritage Commerce reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
Heritage Commerce reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, six executives at Heritage Commerce received on average a compensation package of $1.1M, a 22% increase compared to previous year.
Average pay of disclosed executives at Heritage Commerce
Keith A. Wilton, Chief Executive Officer, received $1.8M in total, which increased by 42% compared to 2020.
Walter T. Kaczmarek, Chief Executive Officer, received a compensation package of $1.7M. 35% of the compensation package, or $574K, was in salary.
Lawrence D. McGovern, Chief Financial Officer, earned $831K in 2021, a 24% decrease compared to previous year.
Robertson Clay Jones, Chief Operating Officer, received $796K in 2021, which increases by 39% compared to 2020.
Michael E. Benito, Executive Vice President/Business Banking Manager of Heritage Bank of Commerce, earned $735K in 2021, a 20% decrease compared to previous year.
Margo G. Butsch, Executive Vice President & Chief Credit Officer of Heritage Bank of Commerce, received $653K in 2021, which increases by 16% compared to 2020.
Related executives
Walter Kaczmarek
Heritage Commerce
Chief Executive Officer
Keith Wilton
Heritage Commerce
Chief Executive Officer
Michael Benito
Heritage Commerce
Executive Vice President/Business Banking Manager of Heritage Bank of Commerce
Margo Butsch
Heritage Commerce
Executive Vice President & Chief Credit Officer of Heritage Bank of Commerce
Robertson Jones
Heritage Commerce
Chief Operating Officer
Lawrence McGovern
Heritage Commerce
Chief Financial Officer
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Source: SEC filing on April 14, 2022.