NICOLET BANKSHARES CEO Michael Daniels' 2020 pay falls 36% to $1.8M

NICOLET BANKSHARES reports 2020 executive compensation

By ExecPay News

Published: March 2, 2021

NICOLET BANKSHARES reported fiscal year 2020 executive compensation information on March 2, 2021.
In 2020, six executives at NICOLET BANKSHARES received on average a compensation package of $1M, a 32% decrease compared to previous year.
Average pay of disclosed executives at NICOLET BANKSHARES
Michael E. Daniels, Chief Executive Officer, received $1.8M in total, which decreased by 36% compared to 2019. 29% of Daniels' compensation, or $521K, was in salary. Daniels also received $348K in bonus, $293K in option awards, $174K in stock awards, as well as $459K in other compensation.
Robert B. Atwell, Chief Executive Officer, received a compensation package of $1.8M, which decreased by 36% compared to previous year. 29% of the compensation package, or $521K, was in salary.
Ann K. Lawson, Chief Financial Officer, earned $727K in 2020, a 5% increase compared to previous year.
Eric J. Witczak, Executive Vice President, Nicolet National Bank, received $667K in 2020, which decreases by 42% compared to 2019.
Brad V. Hutjens, Executive Vice President, Chief Credit Officer, and Chief Compliance & Risk Manager, Nicolet National Bank, earned $609K in 2020, a 44% decrease compared to previous year.
Patrick J. Madson, Senior Vice President - Wealth Management, received $557K in 2020, which increases by 13% compared to 2019.

Related executives

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

Patrick Madson

NICOLET BANKSHARES

Senior Vice President - Wealth Management

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Source: SEC filing on March 2, 2021.