HMN Financial President and C of the company and bank Bradley Krehbiel's 2018 pay rises 6% to $449K
HMN Financial reports 2018 executive compensation
By ExecPay News
Published: March 20, 2019
HMN Financial reported fiscal year 2018 executive compensation information on March 20, 2019.
In 2018, three executives at HMN Financial received on average a compensation package of $367K, a 8% increase compared to previous year.
Bradley C. Krehbiel, President and C of the company and bank, received $449K in total, which increased by 6% compared to 2017. 72% of Krehbiel's compensation, or $323K, was in salary. Krehbiel also received $41K in non-equity incentive plan, $62K in stock awards, as well as $23K in other compensation.
Lawrence D. McGraw, Executive Vice President and of the bank, received a compensation package of $327K, which increased by 10% compared to previous year. 67% of the compensation package, or $219K, was in salary.
Jon J. Eberle, Chief Financial Officer, earned $326K in 2018, a 10% increase compared to previous year.