Last $22.49 USD
Change Today +0.65 / 2.98%
Volume 108.9K
FRME On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Michael C. Rechin

Chief Executive Officer, President and Director, First Merchants Corporation
AgeTotal Calculated CompensationThis person is connected to 85 board members in 2 different organizations across 3 different industries.

See Board Relationships
55$908,557
As of Fiscal Year 2013

Background*

Mr. Michael C. Rechin has been the Chief Executive Officer and President of First Merchants Corporation since April 24, 2007. Mr. Rechin serves as the Chief Operating Officer of the Muncie. He served as the Chief Operating Officer and Executive Vice President at First Merchants Corporation from November 21, 2005 to April 24, 2007. He served as an Executive Vice President of Corporate Banking for National City Bank, managing its Indiana operations from 1995 to November ...

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Corporate Headquarters*

200 East Jackson Street
Muncie, Indiana 47305

United States

Phone: 765-747-1500
Fax: --

Board Members Memberships*

Director
2005-Present
Chief Executive Officer, President and Director

Education*

Bachelor's Degree
Miami University
MBA
Miami University

Other Affiliations*

Annual Compensation*

Salary$385,601
Total Annual Compensation$385,601

Stock Options*

Restricted Stock Awards$153,200
All Other Compensation$134,931
Exercisable Options65,000
Exercisable Options Value$231,600
Unexercisable Options18,300
Unexercisable Options Value$187,822
Total Value of Options$419,422
Total Number of Options83,300

Total Compensation*

Total Annual Cash Compensation$728,757
Total Short Term Compensation$385,601
Other Long Term Compensation$288,131
Total Calculated Compensation$908,557
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Christopher J. Murphy IIIChairman, Chief Executive Officer, Member of Executive & Governance Committee, Chairman of 1st Source Bank and Chief Executive Officer of 1st Source Bank
1st Source Corporation
$695.0K
David B. Ramaker Chairman of The Board, Chief Executive Officer, President, Chief Executive Officer of Chemical Bank, President of Chemical Bank, Chairman of Chemical Bank Shoreline and Chairman of Chemical Bank
Chemical Financial Corporation
$546.6K
George A. Makris Jr.Chairman and Chief Executive Officer
Simmons First National Corporation
$403.2K
Todd F. Clossin Chief Executive Officer, President, Director, Chief Executive Officer of Wesbanco Bank Inc and President of Wesbanco Bank Inc
WesBanco Inc.
--
Thomas Michael Price Chief Executive Officer, President, Director and Chief Executive Officer of First Commonwealth Bank
First Commonwealth Financial Corp.
$427.0K
Compensation as of Fiscal Year 2013.

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