Horizon Bancorp CEO Craig Dwight's 2021 pay rises 9% to $1.4M
Horizon Bancorp reports 2021 executive compensation
By ExecPay News
Published: March 21, 2022
Horizon Bancorp reported fiscal year 2021 executive compensation information on March 21, 2022.
In 2021, five executives at Horizon Bancorp received on average a compensation package of $809K, a 10% increase compared to previous year.
Average pay of disclosed executives at Horizon Bancorp
Craig M. Dwight, Chief Executive Officer, received $1.4M in total, which increased by 9% compared to 2020. 43% of Dwight's compensation, or $605K, was in salary. Dwight also received $439K in non-equity incentive plan, $285K in stock awards, as well as $74K in other compensation.
For fiscal year 2021, the median employee pay was $43,617 at Horizon Bancorp. Therefore, the ratio of Craig M. Dwight's pay to the median employee pay was 32 to one.
James. D. Neff, President, received a compensation package of $871K, which increased by 11% compared to previous year. 48% of the compensation package, or $416K, was in salary.
Mark E. Secor, Chief Financial Officer, earned $669K in 2021, a 11% increase compared to previous year.
Kathie A. DeRuiter, Executive Vice President, received $575K in 2021, which increases by 11% compared to 2020.
Dennis J. Kuhn, Executive Vice President, earned $528K in 2021, a 9% increase compared to previous year.
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Source: SEC filing on March 21, 2022.