MidWest One Financial Group CEO Charles Funk's 2018 pay jumps 21% to $774K
MidWest One Financial Group reports 2018 executive compensation
By ExecPay News
Published: March 8, 2019
MidWest One Financial Group reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, six executives at MidWest One Financial Group received on average a compensation package of $492K, a 10% increase compared to previous year.
Average pay of disclosed executives at MidWest One Financial Group
Charles N. Funk, Chief Executive Officer, received $774K in total, which increased by 21% compared to 2017. 56% of Funk's compensation, or $437K, was in salary. Funk also received $1.7K of change in pension value and nonqualified deferred compensation earnings, $147K in non-equity incentive plan, $154K in stock awards, as well as $33K in other compensation.
Kevin E. Kramer, Chief Operating Officer, received a compensation package of $548K, which decreased by 11% compared to previous year. 60% of the compensation package, or $330K, was in salary.
Barry S. Ray, Chief Financial Officer, earned $507K in 2018.
Mitchell W. Cook, Senior Regional President, received $394K in 2018, which decreases by 2% compared to 2017.
James M. Cantrell, Chief Investment Officer, earned $381K in 2018, a 15% increase compared to previous year.
David E. Lindstrom, Senior Vice President, Retail Banking, received $349K in 2018.
Related executives
Charles Funk
MidWest One Financial Group
Chief Executive Officer
Kevin Kramer
MidWest One Financial Group
Chief Operating Officer
Barry Ray
MidWest One Financial Group
Chief Financial Officer
Mitchell Cook
MidWest One Financial Group
Senior Regional President
James Cantrell
MidWest One Financial Group
Chief Investment Officer
David Lindstrom
MidWest One Financial Group
Executive Vice President, Retail Banking
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Source: SEC filing on March 8, 2019.