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

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FIRST MIDWEST BANCORP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FIRST MIDWEST BANCORP INC 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
Michael L. Scudder
Chairman and Chief Executive Officer
Total Cash $1,571,854 Equity $1,467,809 Other $215,865 Total Compensation $3,255,528
Mark G. Sander
President and Chief Operating Officer
Total Cash $1,057,307 Equity $868,583 Other $162,303 Total Compensation $2,088,193
Thomas M. Prame
EVP and Director, Consumer Banking, First Midwest Bank
Total Cash $614,290 Equity $341,944 Other $55,174 Total Compensation $1,011,408
Patrick S. Barrett
EVP and Chief Financial Officer
Total Cash $767,920 Equity $456,324 Other $99,510 Total Compensation $1,323,754
Michael W. Jamieson
EVP and Director, Commercial Banking, First Midwest Bank
Total Cash $677,452 Equity $382,778 Other $86,474 Total Compensation $1,146,704
For its 2020 fiscal year, FIRST MIDWEST BANCORP INC, 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
Michael L. Scudder CEO Pay $3,422,910 Median Employee Pay $68,166 CEO Pay Ratio 50:1
For its 2020 fiscal year, FIRST MIDWEST BANCORP INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Barbara A. Boigegrain Total Cash $129,500
Ellen A. Rudnick Total Cash $143,816
Frank B. Modruson Total Cash $125,000
J. Stephen Vanderwoude Total Cash $131,058
Kathryn J. Hayley Total Cash $126,000
Michael J. Small Total Cash $121,581
Peter J. Henseler Total Cash $118,500
Phupinder S. Gill Total Cash $122,500
Stephen C. Van Arsdell Total Cash $130,000
Thomas L. Brown Total Cash $128,626

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.