NICOLET BANKSHARES CEO Michael Daniels' 2019 pay jumps 153% to $2.8M
NICOLET BANKSHARES reports 2019 executive compensation
By ExecPay News
Published: March 3, 2022
NICOLET BANKSHARES reported fiscal year 2019 executive compensation information on March 3, 2022.
In 2019, six executives at NICOLET BANKSHARES received on average a compensation package of $1.5M, a 102% increase compared to previous year.
Average pay of disclosed executives at NICOLET BANKSHARES
Michael E. Daniels, Chief Executive Officer, received $2.8M in total, which increased by 153% compared to 2018. 41% of Daniels' compensation, or $1.2M, was in option awards. Daniels also received $383K in bonus, $510K in salary, $191K in stock awards, as well as $561K in other compensation.
Robert B. Atwell, Chief Executive Officer, received a compensation package of $2.8M, which increased by 154% compared to previous year. 41% of the compensation package, or $1.2M, was in option awards.
Eric J. Witczak, Executive Vice President, Nicolet National Bank, earned $1.1M in 2019, a 116% increase compared to previous year.
Brad V. Hutjens, Executive Vice President, Chief Credit Officer, and Chief Compliance & Risk Manager, Nicolet National Bank, received $1.1M in 2019, which increases by 134% compared to 2018.
Ann K. Lawson, Chief Financial Officer, earned $695K in 2019, a 34% increase compared to previous year.
Patrick J. Madson, Senior Vice President - Wealth Management, received $493K in 2019.
Related executives
Patrick Madson
NICOLET BANKSHARES
Senior Vice President - Wealth Management
Robert Atwell
NICOLET BANKSHARES
Chairman
Michael Daniels
NICOLET BANKSHARES
Chief Executive Officer
Ann Lawson
NICOLET BANKSHARES
Chief Financial Officer
Eric Witczak
NICOLET BANKSHARES
Secretary
Brad Hutjens
NICOLET BANKSHARES
Executive Vice President, Chief Credit Officer, and Chief Compliance & Risk Manager, Nicolet National Bank
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Source: SEC filing on March 3, 2022.