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

West Bancorp. reports 2018 executive compensation

By ExecPay News

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 $912K, 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. 41% of Nelson's compensation, or $436K, was in salary. Nelson also received $8.7K in bonus, $255K in non-equity incentive plan, $348K in stock awards, as well as $28K in other compensation.
Douglas R. Gulling, Chief Financial Officer, received a compensation package of $857K, which increased by 12% compared to previous year. 41% of the compensation package, or $348K, 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.

Related executives

David Nelson

West Bancorp.

Chief Executive Officer

Douglas Gulling

West Bancorp.

Chief Financial Officer

Harlee Olafson

West Bancorp.

Executive Vice President and Chief Risk Officer of the Company and West Bank

Brad Winterbottom

West Bancorp.

Executive Vice President of the Company and President of West Bank

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Source: SEC filing on February 28, 2019.