Level One Bancorp CEO Patrick Fehring's 2019 pay jumps 23% to $705K
Level One Bancorp reports 2019 executive compensation
By ExecPay News
Published: March 25, 2020
Level One Bancorp reported fiscal year 2019 executive compensation information on March 25, 2020.
In 2019, three executives at Level One Bancorp received on average a compensation package of $524K, a 23% increase compared to previous year.
Average pay of disclosed executives at Level One Bancorp
Patrick J. Fehring, Chief Executive Officer, received $705K in total, which increased by 23% compared to 2018. 53% of Fehring's compensation, or $375K, was in salary. Fehring also received $37K of change in pension value and nonqualified deferred compensation earnings, $105K in non-equity incentive plan, $105K in stock awards, as well as $83K in other compensation.
Gregory A. Wernette, Executive Vice President and Chief Lending Officer, received a compensation package of $469K, which increased by 29% compared to previous year. 55% of the compensation package, or $256K, was in salary.
David C. Walker, Chief Financial Officer, earned $399K in 2019, a 18% increase compared to previous year.
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Source: SEC filing on March 25, 2020.