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The charts on this page feature a breakdown of the total annual pay for the top executives at BANNER CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. BANNER CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. BANNER CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Cynthia D. Purcell
Executive Vice President and Chief Strategy and Administration Officer
Total Cash $830,977 Equity $333,949 Other $35,928 Total Compensation $1,200,854
Mark J. Grescovich
President and Chief Executive Officer
Total Cash $1,937,490 Equity $1,079,464 Other $106,814 Total Compensation $3,123,768
Peter J. Conner
Executive Vice President and Chief Financial Officer
Total Cash $883,603 Equity $331,829 Other $40,419 Total Compensation $1,255,851
M. Kirk Quillin
Executive Vice President and Chief Commercial Executive
Total Cash $562,459 Equity $188,943 Other $32,874 Total Compensation $784,276
James M. Costa
Executive Vice President and Chief Risk Officer
Total Cash $707,250 Equity $322,169 Other $14,753 Total Compensation $1,044,172
For its 2022 fiscal year, BANNER CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Mark J. Grescovich CEO Pay $3,123,768 Median Employee Pay $69,160 CEO Pay Ratio 45:1
For its 2022 fiscal year, BANNER CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Brent A. Orrico Total Cash $43,920
Connie R. Collingsworth Total Cash $129,358
David A. Klaue Total Cash $117,934
David I. Matson Total Cash $38,716
Ellen R.M. Boyer Total Cash $130,256
John Pedersen Total Cash $129,984
John R. Layman Total Cash $117,856
Kevin F. Riordan Total Cash $146,082
Margot J. Copeland Total Cash $108,017
Merline Saintil Total Cash $52,203
Paul J. Walsh Total Cash $114,684
Roberto R. Herencia Total Cash $177,269
Terry Schwakopf Total Cash $128,656

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.