Sandy Spring Bancorp CEO Daniel Schrider's 2019 pay rises 10% to $1.9M
Sandy Spring Bancorp reports 2019 executive compensation
By ExecPay News
Published: March 17, 2021
Sandy Spring Bancorp reported fiscal year 2019 executive compensation information on March 17, 2021.
In 2019, six executives at Sandy Spring Bancorp received on average a compensation package of $1M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Sandy Spring Bancorp
Daniel J. Schrider, Chief Executive Officer, received $1.9M in total, which increased by 10% compared to 2018. 39% of Schrider's compensation, or $743K, was in salary. Schrider also received $81K of change in pension value and nonqualified deferred compensation earnings, $565K in non-equity incentive plan, $480K in stock awards, as well as $61K in other compensation.
For fiscal year 2019, the median employee pay was $156,097 at Sandy Spring Bancorp. Therefore, the ratio of Daniel J. Schrider's pay to the median employee pay was 12 to one.
Joseph J. O'Brien, Jr, EVP, Chief Banking Officer, received a compensation package of $1M, which increased by 6% compared to previous year. 44% of the compensation package, or $447K, was in salary.
R. Louis Caceres, EVP, Wealth Mgmt, Mortgage, Insurance, earned $908K in 2019, a 10% increase compared to previous year.
Philip J. Mantua, Chief Financial Officer, received $898K in 2019, which increases by 9% compared to 2018.
Aaron M. Kaslow, General Counsel, earned $847K in 2019.
Kevin Slane, EVP, Chief Risk Officer, received $711K in 2019, which decreases by 28% compared to 2018.
Related executives
Kevin Slane
Sandy Spring Bancorp
EVP, Chief Risk Officer
Daniel Schrider
Sandy Spring Bancorp
Chief Executive Officer
Philip Mantua
Sandy Spring Bancorp
Chief Financial Officer
Joseph O'Brien
Sandy Spring Bancorp
EVP, Chief Banking Officer
R Caceres
Sandy Spring Bancorp
EVP, Chief Wealth Officer
Aaron Kaslow
Sandy Spring Bancorp
General Counsel
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Source: SEC filing on March 17, 2021.