NICOLET BANKSHARES reports 2018 executive compensation

CEO Michael E. Daniels receives $1.1M

NICOLET BANKSHARES reported fiscal year 2018 executive compensation information on March 8, 2019.

In 2018, five executives at NICOLET BANKSHARES received on average a compensation package of $744,914, a 76% decrease compared to previous year.

Average pay of disclosed executives at NICOLET BANKSHARES

Michael E. Daniels, Chief Executive Officer, received $1,109,177 in total, which decreased by 81% compared to 2017. 44.63% of Daniels' compensation, or $495,000, was in salary. Daniels also received $371,250 in bonus, $185,637 in stock awards, as well as $57,290 in other compensation.

Robert B. Atwell, Chief Executive Officer, received a compensation package of $1,100,309, which decreased by 81% compared to previous year. 44.99% of the compensation package, or $495,000, was in salary.

Eric J. Witczak, Executive Vice President, Nicolet National Bank, earned $528,275 in 2018, a 62% decrease compared to previous year.

Ann K. Lawson, Chief Financial Officer, received $519,941 in 2018, which decreases by 62% compared to 2017.

Brad V. Hutjens, Executive Vice President, Chief Credit Officer, and Chief Compliance & Risk Manager, Nicolet National Bank, earned $466,868 in 2018, a 64% decrease compared to previous year.