West Bancorp. CEO David Nelson's 2018 pay rises 11% to $1.1M

West Bancorp. reports 2018 executive compensation

Published: February 28, 2019

West Bancorp. reported fiscal year 2018 executive compensation information on February 28, 2019.

In 2018, four executives at West Bancorp. received on average a compensation package of $911.7K, a 12% increase compared to previous year.

Average pay of disclosed executives at West Bancorp.

David D. Nelson, Chief Executive Officer, received $1.1M in total, which increased by 11% compared to 2017. 40.54% of Nelson's compensation, or $436K, was in salary. Nelson also received $8.7K in bonus, $255.5K in non-equity incentive plan, $347.7K in stock awards, as well as $27.5K in other compensation.

Douglas R. Gulling, Chief Financial Officer, received a compensation package of $857K, which increased by 12% compared to previous year. 40.58% of the compensation package, or $347.7K, was in stock awards.

Harlee N. Olafson, Executive Vice President and Chief Risk Officer of the Company Director, Executive Vice President and Chief Risk Officer of West Bank, earned $857K in 2018, a 12% increase compared to previous year.

Brad L. Winterbottom, Executive Vice President of the Company Director and President of West Bank, received $857K in 2018, which increases by 12% compared to 2017.