Republic Bancorp President of RPG William Nelson's 2018 pay jumps 118% to $1.1M
Republic Bancorp reports 2018 executive compensation
Published: March 15, 2019
Republic Bancorp reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, five executives at Republic Bancorp received on average a compensation package of $677.3K, a 39% increase compared to previous year.Average pay of disclosed executives at Republic Bancorp
William R. Nelson, President of RPG, received $1.1M in total, which increased by 118% compared to 2017. 52.80% of Nelson's compensation, or $574.9K, was in stock awards. Nelson also received $200K in non-equity incentive plan, $292K in salary, as well as $21.8K in other compensation.
Kevin D. Sipes, Chief Financial Officer, received a compensation package of $613.6K, which increased by 40% compared to previous year. 54.39% of the compensation package, or $333.7K, was in salary.
Steven E. Trager, Chief Executive Officer, earned $607.3K in 2018, a 11% increase compared to previous year.
A. Scott Trager, Chairman, received $577K in 2018, which increases by 5% compared to 2017.
John T. Rippy, EVP, CRO, earned $499.7K in 2018.