Horizon Bancorp CEO Craig Dwight's 2019 pay rises 6% to $1.2M

Horizon Bancorp reports 2019 executive compensation

By ExecPay News

Published: March 20, 2020

Horizon Bancorp reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, five executives at Horizon Bancorp received on average a compensation package of $708.6K, a 8% increase compared to previous year.
Average pay of disclosed executives at Horizon Bancorp
Craig M. Dwight, Chief Executive Officer, received $1.2M in total, which increased by 6% compared to 2018. 45.14% of Dwight's compensation, or $558.9K, was in salary. Dwight also received $363.3K in non-equity incentive plan, $50K in option awards, $200K in stock awards, as well as $66.1K in other compensation.
For fiscal year 2019, the median employee pay was $40,240 at Horizon Bancorp. Therefore, the ratio of Craig M. Dwight's pay to the median employee pay was 31 to one.
James. D. Neff, President, received a compensation package of $767.2K, which increased by 6% compared to previous year. 50.59% of the compensation package, or $388.1K, was in salary.
Mark E. Secor, Chief Financial Officer, earned $573.4K in 2019, a 11% increase compared to previous year.
Kathie A. DeRuiter, Executive Vice President, received $492.5K in 2019, which increases by 9% compared to 2018.
Dennis J. Kuhn, Executive Vice President, earned $471.7K in 2019, a 10% increase compared to previous year.

Related executives

Craig Dwight

Horizon Bancorp

Chief Executive Officer

Mark Secor

Horizon Bancorp

Chief Financial Officer

James Neff

Horizon Bancorp

President

Kathie DeRuiter

Horizon Bancorp

Executive Vice President

Dennis Kuhn

Horizon Bancorp

Executive Vice President

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Source: SEC filing on March 20, 2020.