Sundar PichaiSundar Pichai earned $164M in 2023
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Robert B. Atwell

Founder and Ex-CEO of Nicolet Bankshares

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1958 - 67 years ago

Economy Sector

Financial Services

Tenure

19 years 3 months (Jan 2002 - Apr 2021)

Previous Experience

Chairman and Chief Executive Officer of Nicolet Bank

Robert B. Atwell is the Executive Chairman of Nicolet Bankshares, where he has played a vital role since its inception in 2002. With a bachelor's degree in Business Administration, he has over 35 years of experience in the banking industry,...

Year

2022

Total Compensation

$1.60M

Salary

$525.00K

Board Justification

Nicolet's compensation philosophy is to align executive compensation with performance and shareholder interests, using a mix of base salary, annual bonuses, and long-term equity incentives to attract and retain skilled executives while promoting sustainable growth.

Bonus

$328.13K

Board Justification

The annual variable incentive bonus is represented as a target percentage of salary, with a portion in cash and a portion in restricted stock, payable for attainment of goals. The Committee awarded a 125% multiple of target incentive for 2022 based on record results.

Other

$544.56K

Board Justification

Other compensation includes 401(k) company match contributions, company contributions to employee retirement subaccounts, supplemental employer health benefit, auto allowances, club memberships, key person life insurance premiums, housing and travel allowance, and other perquisites and personal benefits.

Restricted Stock

$203.50K(2.52K restricted stock)

Board Justification

The vested stock represents restricted stock that vested in 2022 as part of the annual variable incentive bonus, with one-third vesting immediately and one-third on the next two anniversary dates.

Performance Metrics

Performance metrics for 2022 included net income, earnings per share, and growth in loans and deposits.