Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Christopher Oddleifson earned $1.14M in total compensation at Independent Bank Corp, primarily from $912.61K salary. Most recently acquired 4,720 shares in Mar 2023. Currently holds stock worth $7.17M. Has donated $4.18M in stock to charitable causes. Led Independent Bank Corp as CEO for 11 years.

Compensation History

Annual executive compensation data for Christopher Oddleifson, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$1.14M

Salary

$912.61K

Bonus

$0.00

Other

$223.02K

Salary

$912.61K

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach that aligns executive compensation with the company's performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2022.

Other Compensation

$223.02K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were vested in 2022 as per the provided data.

Performance Metrics

Performance metrics include Operating Earnings per Share, Return on Assets, Return on Equity, and other financial performance indicators.

I

Christopher Oddleifson

Ex-CEO of Independent Bank Corp

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

Born

January 1, 1962 - 63 years ago

CEO of Independent Bank Corp for

11 years 1 month (Jan 2012 - Feb 2023)

Previous Experience

Senior Executive Vice President at Rockland Trust

Holdings

Track Christopher Oddleifson's stock holdings and portfolio value over time.

Total Stock Sold

$2.39M

INDB

$2.39M

42,712 INDB shares

What if they kept their stock?

If Christopher Oddleifson didn't sell their stock, today they would have:
Extra INDB42,712 shares worth $3.15M.
This is 31.53% and $753.95K more than what they got when they sold the stock.

Charitable Transactions

INDB

56,827 shares

INDB

Recent Charitable Transactions

INDB

2,900 shares

INDB

Nov 1, 2022

Charity

INDB

2,400 shares

INDB

Jun 9, 2022

Charity

INDB

1,500 shares

INDB

Nov 13, 2020

Charity

INDB

1,500 shares

INDB

Feb 11, 2020

Charity

INDB

1,050 shares

INDB

Jan 29, 2019

Charity

INDB

1,250 shares

INDB

Jul 25, 2018

Charity

Insider Trading

Christopher Oddleifson's recent stock transactions, purchases, and sales filed with the SEC.

INDB

4,720 shares

INDB

Mar 13, 2023

Received

INDB

$93.36K

INDB at $77.80/share

Jan 30, 2023

Sale

INDB

1,200 shares

INDB

Jan 30, 2023

Charity

INDB

2,900 shares

INDB

Nov 1, 2022

Charity

INDB

$242.57K

INDB at $80.86/share

Jun 9, 2022

Sale

INDB

2,400 shares

INDB

Jun 9, 2022

Charity

INDB

2,950 shares

INDB

Mar 10, 2022

Received

INDB

$84.53K

INDB at $80.50/share

Feb 24, 2022

Sale

INDB

1,050 shares

INDB

Feb 24, 2022

Charity

INDB

5,050 shares

INDB

Feb 17, 2022

Received

Rivals

Compare Christopher Oddleifson with competitor CEOs and industry peers.