Sandy Spring Bancorp reports 2018 executive compensation

CEO Daniel J. Schrider receives $1.8M

Sandy Spring Bancorp reported fiscal year 2018 executive compensation information on March 13, 2019.

In 2018, five executives at Sandy Spring Bancorp received on average a compensation package of $1,067,486, a 20% increase compared to previous year.

Average pay of disclosed executives at Sandy Spring Bancorp

Daniel J. Schrider, Chief Executive Officer, received $1,754,015 in total, which increased by 18% compared to 2017. 39.58% of Schrider's compensation, or $694,254, was in salary. Schrider also received $150 in bonus, $477,223 in non-equity incentive plan, $525,512 in stock awards, as well as $56,876 in other compensation.

For fiscal year 2018, the median employee pay was $100,926 at Sandy Spring Bancorp. Therefore, the ratio of Daniel J. Schrider's pay to the median employee pay was 17 to one.

Kevin Slane, EVP, Chief Risk Officer, received a compensation package of $986,382. 36.24% of the compensation package, or $357,439, was in stock awards.

Joseph J. O'Brien, Jr, EVP, Chief Banking Officer, earned $945,140 in 2018, a 18% increase compared to previous year.

Philip J. Mantua, Chief Financial Officer, received $827,018 in 2018, which increases by 8% compared to 2017.

R. Louis Caceres, EVP, Wealth Mgmt, Mortgage, Insurance, earned $824,875 in 2018, a 6% increase compared to previous year.