Gavin A. Mohr has been the Chief Financial Officer and CEO of Independent Bank Corporation (IBCP) since September 2020. Before joining IBCP, he served as CFO at STAR Financial Bank, a sizable institution in Indiana. Under his leadership, IBCP has...
Gavin A. Mohr has been the Chief Financial Officer and CEO of Independent Bank Corporation (IBCP) since September 2020. Before joining IBCP, he served as CFO at STAR Financial Bank, a sizable institution in Indiana. Under his leadership, IBCP has been focusing on achieving specific financial goals, reflected in his performance metrics, which include earnings per share and deposit growth. In 2023, Mohr's total compensation reached approximately $542,630, with a base salary of $302,000 and additional performance-based bonuses. His career spans significant roles in finance, demonstrating a solid grasp of the industry. Interestingly, he has seen notable fluctuations in his personal investments in the bank, indicating a strong belief in the company’s future. His trading activity shows that in 2021, he was particularly active, making insider trades that peaked over $200,000 within months. This reflects a high level of confidence in his organization and underscores his commitment to its long-term success. Gavin's practical experience and strategic focus continue to guide IBCP in a competitive banking landscape.