Mercantile Bank CEO Michael Price's 2011 pay rises 1% to $502K

Mercantile Bank reports 2011 executive compensation

By ExecPay News

Published: March 14, 2014

Mercantile Bank reported fiscal year 2011 executive compensation information on March 14, 2014.
In 2011, three executives at Mercantile Bank received on average a compensation package of $375K, a 4% increase compared to previous year.
Average pay of disclosed executives at Mercantile Bank
Michael H. Price, Chief Executive Officer, received $502K in total, which increased by 1% compared to 2010. 94% of Price's compensation, or $474K, was in salary. Price also received $28K in other compensation.
Robert B. Kaminski, Jr, Chief Operating Officer, received a compensation package of $338K, which increased by 6% compared to previous year. 90% of the compensation package, or $305K, was in salary.
Charles E. Christmas, Chief Financial Officer, earned $284K in 2011, a 6% increase compared to previous year.

Related executives

Michael Price

Mercantile Bank

Chairman

Robert Kaminski

Mercantile Bank

Chief Executive Officer

Charles Christmas

Mercantile Bank

Chief Financial Officer

You may also like

Source: SEC filing on March 14, 2014.