Sundar PichaiSundar Pichai earned $164M in 2023

Timothy S. Crane is the CEO of Wintrust Financial Corporation, having stepped into the role on May 1, 2023, after serving as the President since February 2020. He's been with the company since 2008 and has held various important positions...

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Timothy S. Crane

CEO of Wintrust Financial

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1962 - 63 years ago

CEO of Wintrust Financial for

1 year 11 months (May 2023 - Present)

Previous Experience

Harris Bankcorp, President

Holdings

See how much did Timothy S. Crane make over time.

As the CEO of Wintrust Financial, Timothy S. Crane has been actively involved in buying and selling company shares, adding an extra layer of interest to his financial profile. Significant trades include a noteworthy sell on February 1, 2023, valued...

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Total Stock Sold

$1.96M

WTFC

$1.96M

26,455 WTFC shares

What if they kept their stock?

If Timothy S. Crane didn't sell their stock, today they would have:
Extra WTFC26,455 shares worth $911.64K.
This is -53.41% and $1.05M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Timothy S. Crane.

WTFC

$2.42M

WTFC at $133.62/share

Jan 23, 2025

Received

WTFC

$2.28M

WTFC at $98.92/share

Jan 25, 2024

Received

WTFC

$91.31K

WTFC at $60.87/share

May 11, 2023

Purchase

WTFC

15,984 shares

WTFC

Jan 26, 2023

Received

WTFC

$790.12K

WTFC at $98.20/share

Feb 2, 2022

Sale

WTFC

2,929 shares

WTFC

Jan 27, 2022

Received

WTFC

2,979 shares

WTFC

Jan 28, 2021

Received

WTFC

$413.34K

WTFC at $59.32/share

Dec 10, 2020

Sale

WTFC

$294.69K

WTFC at $54.26/share

Nov 9, 2020

Sale

WTFC

2,974 shares

WTFC

Jan 23, 2020

Received

Compensation History

See how much did Timothy S. Crane make over time.

In 2023, Timothy S. Crane's total compensation at Wintrust Financial was around $4.89 million. This figure breaks down into a base salary of $1 million and a bonus of approximately $1.14 million, reflecting 91.5% of his target based on performance metrics. He also received a value of $276,302 from vested stock units, which adds a long-term incentive component to his earnings. The company emphasizes a pay-for-performance philosophy, aligning Crane's financial rewards with the overall success of Wintrust. Furthermore, his compensation plan was restructured to reflect his CEO status after the strategic transition from the previous CEO. This thoughtful approach to compensation signifies that Crane is deeply integrated with the company's financial health and direction.

Year

2023

Total Compensation

$2.45M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes a pay-for-performance framework that aligns executive compensation with the interests of shareholders, focusing on both short-term and long-term performance metrics.

Bonus

$1.14M

Board Justification

The annual cash bonus paid in 2024 with respect to 2023 performance, reflecting 91.5% of the target based on company and individual performance metrics.

Other

$33.85K

Board Justification

Other compensation includes a cash automobile allowance and other perquisites.

Restricted Stock

$276.30K(2.98K RSU)

Board Justification

Time-based restricted stock units that vested on January 28, 2024, with a market value based on the closing price of the Company’s Common Stock on the date of vesting.

Performance Metrics

The performance metrics for determining the compensation included consolidated pre-tax net income, individual performance objectives, and other key performance indicators.

Other Wintrust Financial CEOs

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