West Bancorp. CEO David Nelson's 2020 pay slips 1% to $968K

West Bancorp. reports 2020 executive compensation

By ExecPay News

Published: March 1, 2021

West Bancorp. reported fiscal year 2020 executive compensation information on March 1, 2021.
In 2020, four executives at West Bancorp. received on average a compensation package of $791K, a 3% decrease compared to previous year.
Average pay of disclosed executives at West Bancorp.
David D. Nelson, Chief Executive Officer, received $968K in total, which decreased by 1% compared to 2019. 48% of Nelson's compensation, or $462K, was in salary. Nelson also received $40K in bonus, $2.1K of change in pension value and nonqualified deferred compensation earnings, $246K in non-equity incentive plan, $188K in stock awards, as well as $29K in other compensation.
Douglas R. Gulling, Chief Financial Officer, received a compensation package of $732K, which decreased by 4% compared to previous year. 43% of the compensation package, or $318K, was in salary.
Harlee N. Olafson, Executive Vice President and Chief Risk Officer of the Company and West Bank, earned $732K in 2020, a 4% decrease compared to previous year.
Brad L. Winterbottom, Executive Vice President of the Company and President of West Bank, received $732K in 2020, which decreases by 4% compared to 2019.

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 March 1, 2021.