FIRST MERCHANTS CORP (FRME)
Sector: Financials
Named Executive Officers
Compensation data for top executives (showing up to 3 years of data)
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Mark K. Hardwick Chief Executive Officer | 2025 | $826,538 | $0 | $787,290 | $0 | $657,924 | $118,850 | $2,398,488 |
| 2024 | $762,547 | $0 | $758,940 | $0 | $448,931 | $108,850 | $2,079,268 | |
| 2023 | $721,538 | $0 | $611,040 | $0 | $369,807 | $78,872 | $1,787,750 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Michael J. Stewart President | 2025 | $658,023 | $0 | $599,840 | $0 | $392,840 | $100,796 | $1,751,499 |
| 2024 | $641,769 | $0 | $578,240 | $0 | $308,049 | $89,884 | $1,617,942 | |
| 2023 | $620,308 | $0 | $410,040 | $0 | $271,695 | $75,644 | $1,377,687 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Michele M. Kawiecki Executive Vice President and Chief Financial Officer | 2025 | $494,793 | $0 | $487,370 | $0 | $295,391 | $92,096 | $1,369,650 |
| 2024 | $482,384 | $0 | $469,820 | $0 | $206,384 | $76,757 | $1,235,345 | |
| 2023 | $465,204 | $0 | $305,520 | $0 | $169,809 | $63,473 | $1,004,006 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| John J. Martin Executive Vice President and Chief Credit Officer | 2025 | $453,985 | $0 | $299,920 | $0 | $225,495 | $66,515 | $1,045,915 |
| 2024 | $442,138 | $0 | $289,120 | $0 | $176,855 | $60,269 | $968,382 | |
| 2023 | $423,877 | $0 | $184,920 | $0 | $139,244 | $53,923 | $801,964 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Joseph C. Peterson Executive Vice President and Chief Commercial Officer | 2025 | $453,985 | $0 | $299,920 | $0 | $177,197 | $52,074 | $983,176 |
| 2024 | $434,938 | $0 | $289,120 | $0 | $170,666 | $37,022 | $931,746 |