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