Mackinac Financial CEO Kelly George's 2019 pay jumps 43% to $824K
Mackinac Financial reports 2019 executive compensation
By ExecPay News
Published: April 22, 2020
Mackinac Financial reported fiscal year 2019 executive compensation information on April 22, 2020.
In 2019, three executives at Mackinac Financial received on average a compensation package of $691K, a 40% increase compared to previous year.
Average pay of disclosed executives at Mackinac Financial
Kelly W. George, Chief Executive Officer, received $824K in total, which increased by 43% compared to 2018. 46% of George's compensation, or $380K, was in salary. George also received $110K in bonus, $309K in stock awards, as well as $25K in other compensation.
Paul D. Tobias, Chief Executive Officer, received a compensation package of $759K, which increased by 32% compared to previous year. 51% of the compensation package, or $385K, was in salary.
Jesse A. Deering, Chief Financial Officer, earned $490K in 2019, a 48% increase compared to previous year.
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Source: SEC filing on April 22, 2020.