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...

Number of Employees

5.52K

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.

SEC Filing

From April 4, 2024