In 2022, Len D. Devaisher earned $543.97K in total compensation at MidWestOne Financial Group, including $426.92K salary and $100.00K bonus. Most recently acquired 800 shares in Sep 2024. Currently holds stock worth $1.38M. 3+ years at the helm of MidWestOne Financial Group.
Compensation History
Annual executive compensation data for Len D. Devaisher, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$543.97K
Salary
$426.92K
Bonus
$100.00K
Other
$17.05K
Salary
$426.92KBoard Justification
To provide competitive compensation that rewards executives for performance and aligns their interests with shareholders.
Bonus
$100.00KBoard Justification
One-time cash bonus contingent on continued employment through December 31, 2022, as outlined in the Amended and Restated Employment Agreement.
Other Compensation
$17.05KBoard Justification
Includes perquisites such as automobile allowance and 401(k) match.
Restricted Stock
Board Justification
No stock vested in 2022 as the focus is on performance-based awards that vest over a longer period.
Performance Metrics
Performance metrics include core earnings per share and return on average tangible equity (ROATCE), with specific individual goals for each executive.
Len D. Devaisher
CEO of MidWestOne Financial Group
Sector of Economy
Financial Services
CEO of MidWestOne Financial Group for
3 years 3 months (Aug 2022 - Present)
Previous Experience
Unknown
Other MidWestOne Financial Group CEOs
Holdings
Track Len D. Devaisher's stock holdings and portfolio value over time.
Insider Trading
Len D. Devaisher's recent stock transactions, purchases, and sales filed with the SEC.
$20.00K
MOFG at $25.00/share
Sep 30, 2024
Purchase
8,587.441 shares
MOFG
Feb 15, 2024
Received
4,261.339 shares
MOFG
Aug 15, 2023
Received
$95.29K
MOFG at $19.06/share
May 2, 2023
Purchase
2,583.145 shares
MOFG
Feb 15, 2023
Received
2,549.395 shares
MOFG
Feb 15, 2022
Received
$46.41K
MOFG at $31.25/share
May 10, 2021
Purchase
$465.00
MOFG at $31.00/share
May 6, 2021
Purchase
$49.64K
MOFG at $31.52/share
Mar 11, 2021
Purchase
2,713.459 shares
MOFG
Feb 15, 2021
Received
Rivals
Compare Len D. Devaisher with competitor CEOs and industry peers.
Anthony Labozzetta
CEO of Provident Financial Services
2023 Compensation
Stock
$61.82K
Salary
$818.27K
Bonus
$309.38K
Other
$121.55K
Total Holdings
$20.11K
Gavin A. Mohr
CEO of Independent Bank Corporation
2023 Compensation
Stock
$65.89K
Salary
$302.00K
Bonus
$70.15K
Other
$45.98K
Total Holdings
$60.38K
Jeffrey M. Schweitzer
CEO of Univest Financial Corporation
2022 Compensation
Stock
$0.00
Salary
$806.00K
Bonus
$250.57K
Other
$26.25K
Total Holdings
$127.87K