Sandy Spring Bancorp CEO Daniel Schrider's 2018 pay rises 18% to $1.8M
Sandy Spring Bancorp reports 2018 executive compensation
Published: March 13, 2019
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 $1.1M, a 20% increase compared to previous year.Average pay of disclosed executives at Sandy Spring Bancorp
Daniel J. Schrider, Chief Executive Officer, received $1.8M in total, which increased by 18% compared to 2017. 39.58% of Schrider's compensation, or $694.3K, was in salary. Schrider also received $150 in bonus, $477.2K in non-equity incentive plan, $525.5K in stock awards, as well as $56.9K 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 $986.4K. 36.24% of the compensation package, or $357.4K, was in stock awards.
Joseph J. O'Brien, Jr, EVP, Chief Banking Officer, earned $945.1K in 2018, a 18% increase compared to previous year.
Philip J. Mantua, Chief Financial Officer, received $827K in 2018, which increases by 8% compared to 2017.
R. Louis Caceres, EVP, Wealth Mgmt, Mortgage, Insurance, earned $824.9K in 2018, a 6% increase compared to previous year.