Sundar PichaiSundar Pichai earned $164M in 2023

Christopher Oddleifson served as the CEO of Independent Bank Corp from January 2012 until February 2023. He has a solid educational background with a Bachelor's degree in Business Administration and extensive experience in banking, starting his career as a leader...

Quick Links
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

See how much did Christopher Oddleifson make over time.

During his tenure, Oddleifson's holdings in Independent Bank Corp fluctuated, peaking during lucrative financial years. At one point, he reported significant stock values reflected in his compensation, but by 2022, he had no vested stocks due to changes in incentive...

Mar 18, 2025

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 $3.12M.
This is 30.49% and $729.17K 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

See recent insider trades of Christopher Oddleifson.

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

Compensation History

See how much did Christopher Oddleifson make over time.

In 2022, Christopher Oddleifson earned a total compensation of $1,135,632, with the bulk coming from his salary of $912,614. Notably, he received no bonuses or stock grants that year, highlighting a significant shift in how senior executives were rewarded during a challenging financial period. His compensation structure was heavily tied to the company's performance metrics, emphasizing results over guarantees. Over the years, his compensation fluctuated, peaking at over $3 million in some years, likely connected to his leadership during critical growth phases. Oddleifson's contracts and agreements demonstrated a clear intent to align executive pay with shareholder interests, making sure that his and the company's goals were in sync. The overall package he received showed a methodical approach to executive compensation and its strategic importance to driving performance.

Year

2022

Total Compensation

$1.14M

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

$223.02K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 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.

Other Independent Bank Corp CEOs

Here are other CEOs of Independent Bank Corp