Mackinac Financial CEO Kelly George's 2018 pay rises 15% to $577K
Mackinac Financial reports 2018 executive compensation
By ExecPay News
Published: April 30, 2019
Mackinac Financial reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, three executives at Mackinac Financial received on average a compensation package of $494K, a 16% increase compared to previous year.
Average pay of disclosed executives at Mackinac Financial
Kelly W. George, Chief Executive Officer, received $577K in total, which increased by 15% compared to 2017. 63% of George's compensation, or $365K, was in salary. George also received $120K in bonus, $66K in stock awards, as well as $26K in other compensation.
Paul D. Tobias, Chief Executive Officer, received a compensation package of $573K, which increased by 14% compared to previous year. 65% of the compensation package, or $370K, was in salary.
Jesse A. Deering, Chief Financial Officer, earned $332K in 2018, a 20% increase compared to previous year.
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Source: SEC filing on April 30, 2019.