Old Second Bancorp CEO James Eccher's 2018 pay jumps 73% to $1.7M
Old Second Bancorp reports 2018 executive compensation
By ExecPay News
Published: April 19, 2019
Old Second Bancorp reported fiscal year 2018 executive compensation information on April 19, 2019.
In 2018, five executives at Old Second Bancorp received on average a compensation package of $925K, a 62% increase compared to previous year.
Average pay of disclosed executives at Old Second Bancorp
James Eccher, Chief Executive Officer, received $1.7M in total, which increased by 73% compared to 2017. 49% of Eccher's compensation, or $841K, was in stock awards. Eccher also received $50K in bonus, $296K in non-equity incentive plan, $501K in salary, as well as $41K in other compensation.
For fiscal year 2018, the median employee pay was $53,054 at Old Second Bancorp. Therefore, the ratio of James Eccher's pay to the median employee pay was 33 to one.
Bradley S. Adams, Chief Financial Officer, received a compensation package of $1M, which increased by 31% compared to previous year. 46% of the compensation package, or $464K, was in stock awards.
Gary Collins, Chairman, earned $999K in 2018, a 102% increase compared to previous year.
Donald Pilmer, Executive Vice President, Commercial Lending, received $479K in 2018, which increases by 3% compared to 2017.
Keith Gottschalk, Executive Vice President, Digital Banking Services, earned $408K in 2018, a 2% decrease compared to previous year.
Related executives
James Eccher
Old Second Bancorp
Chief Executive Officer
Bradley Adams
Old Second Bancorp
Chief Financial Officer
Gary Collins
Old Second Bancorp
Chairman
Donald Pilmer
Old Second Bancorp
Executive Vice President, Commercial Lending
Keith Gottschalk
Old Second Bancorp
Executive Vice President, Digital Banking Services
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Source: SEC filing on April 19, 2019.