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.
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Source: SEC filing on March 20, 2020.