INDEPENDENT BANK CORP (INDB)
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 |
|---|---|---|---|---|---|---|---|---|
| Jeffrey Tengel, CEO and President CEO and President | 2025 | $1,097,385 | $0 | $1,094,318 | $0 | $1,123,669 | $291,590 | $3,606,962 |
| 2024 | $1,021,923 | $0 | $851,509 | $0 | $850,986 | $200,204 | $2,924,622 | |
| 2023 | $903,846 | $1,620,000 | $2,008,786 | $0 | $547,826 | $132,767 | $5,213,225 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Mark Ruggiero, CFO and EVP of Consumer Lending CFO and EVP of Consumer Lending | 2025 | $612,958 | $0 | $430,156 | $0 | $516,894 | $145,133 | $1,705,141 |
| 2024 | $567,898 | $0 | $326,895 | $0 | $456,652 | $124,999 | $1,476,444 | |
| 2023 | $542,360 | $0 | $370,967 | $0 | $348,999 | $125,147 | $1,387,473 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Lee Powlus, EVP and Chief Administrative Officer EVP and Chief Administrative Officer | 2025 | $470,923 | $0 | $306,271 | $0 | $312,015 | $94,101 | $1,183,310 |
| 2024 | $437,423 | $0 | $163,448 | $0 | $225,553 | $27,222 | $853,646 | |
| 2023 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Patricia Natale, EVP and General Counsel and Corporate Secretary EVP and General Counsel and Corporate Secretary | 2025 | $460,865 | $0 | $282,183 | $0 | $295,317 | $94,169 | $1,132,534 |
| 2024 | $401,723 | $0 | $144,994 | $0 | $208,675 | $71,179 | $826,571 | |
| 2023 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| James Rizzo, EVP and Chief Commercial Banking Officer EVP and Chief Commercial Banking Officer | 2025 | $458,916 | $0 | $285,624 | $0 | $308,673 | $73,992 | $1,127,205 |
| 2024 | $406,128 | $0 | $150,266 | $0 | $187,445 | $56,705 | $800,544 | |
| 2023 | $391,812 | $25,000 | $161,290 | $0 | $106,965 | $58,381 | $743,448 |