NBT Bancorp CEO John Watt's 2019 pay rises 10% to $2.4M
NBT Bancorp reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
NBT Bancorp reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, six executives at NBT Bancorp received on average a compensation package of $1.1M, a 3% decrease compared to previous year.
Average pay of disclosed executives at NBT Bancorp
John H. Watt Jr, Chief Executive Officer, received $2.4M in total, which increased by 10% compared to 2018. 32% of Watt's compensation, or $761K, was in salary. Watt also received $307K of change in pension value and nonqualified deferred compensation earnings, $445K in non-equity incentive plan, $572K in stock awards, as well as $308K in other compensation.
For fiscal year 2019, the median employee pay was $51,484 at NBT Bancorp. Therefore, the ratio of John H. Watt Jr's pay to the median employee pay was 46 to one.
Michael J. Chewens, Chief Financial Officer, received a compensation package of $1.5M, which increased by 33% compared to previous year. 33% of the compensation package, or $503K, was in salary.
Joseph R. Stagliano, Executive Vice President and President of Retail Community Banking, earned $860K in 2019, a 4% increase compared to previous year.
Timothy L. Brenner, Executive Vice President and President of Wealth Management, received $849K in 2019, which decreases by 4% compared to 2018.
Catherine M. Scarlett, Executive Vice President and Chief HR and Ethics Officer, earned $680K in 2019.
John V. Moran, Chief Financial Officer, received $396K in 2019.
Related executives
John Watt
NBT Bancorp
Chief Executive Officer
John Moran
NBT Bancorp
Chief Financial Officer
Timothy Brenner
NBT Bancorp
Executive Vice President and President of Wealth Management
Joseph Stagliano
NBT Bancorp
Executive Vice President and President of Retail Community Banking
Catherine Scarlett
NBT Bancorp
Executive Vice President and Chief HR and Ethics Officer
Michael Chewens
NBT Bancorp
Chief Financial Officer
You may also like
Source: SEC filing on April 9, 2020.