Sundar PichaiSundar Pichai earned $164M in 2023

Robert B. Atwell is the Executive Chairman of Nicolet Bankshares, where he has played a vital role since its inception in 2002. With a bachelor's degree in Business Administration, he has over 35 years of experience in the banking industry,...

Quick Links
N

Robert B. Atwell

Founder and Ex-CEO of Nicolet Bankshares

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1958 - 67 years ago

CEO of Nicolet Bankshares for

19 years 3 months (Jan 2002 - Apr 2021)

Previous Experience

Chairman and Chief Executive Officer of Nicolet Bank

Holdings

See how much did Robert B. Atwell make over time.

As of 2023, Robert B. Atwell held significant company shares, with notable fluctuations in his insider trading activity. His holdings peaked at approximately $4.32 million in late 2022, reflecting his advantageous timing in the market. The value of his holdings...

Total Stock Sold

$16.92M

NIC

$16.92M

161,590 NIC shares

What if they kept their stock?

If Robert B. Atwell didn't sell their stock, today they would have:
Extra NIC161,590 shares worth $12.76M.
This is -24.59% and $4.16M less than what they got when they sold the stock.

Charitable Transactions

NIC

14,328 shares

NIC

Recent Charitable Transactions

NIC

428 shares

NIC

Dec 31, 2024

Charity

NIC

2,600 shares

NIC

Dec 26, 2024

Charity

NIC

2,000 shares

NIC

Dec 10, 2024

Charity

NIC

1,700 shares

NIC

Aug 6, 2024

Charity

NIC

1,000 shares

NIC

Jul 19, 2024

Charity

NIC

600 shares

NIC

Nov 14, 2023

Charity

Insider Trading

See recent insider trades of Robert B. Atwell.

NIC

$364.95K

NIC at $117.65/share

Feb 24, 2025

Sale

NIC

$1.41M

NIC at $118.08/share

Feb 12, 2025

Sale

NIC

$33.02K

NIC at $110.05/share

Jan 29, 2025

Sale

NIC

$5.99K

NIC at $107.86/share

Jan 21, 2025

Received

NIC

428 shares

NIC

Dec 31, 2024

Charity

NIC

2,600 shares

NIC

Dec 26, 2024

Charity

NIC

2,000 shares

NIC

Dec 10, 2024

Charity

NIC

$1.72M

NIC at $113.00/share

Dec 10, 2024

Sale

NIC

$2.02M

NIC at $113.00/share

Dec 5, 2024

Sale

NIC

$778.80K

NIC at $113.00/share

Dec 2, 2024

Sale

Compensation History

See how much did Robert B. Atwell make over time.

In 2022, Robert B. Atwell's total compensation was reported at approximately $1.44 million. His base salary was $525,000, complemented by a bonus of $328,125 linked to the company's record performance. He also received over $544,000 in other benefits which included contributions to retirement plans and various lifestyle perks. His compensation strategy aligns with Nicolet's philosophy of rewarding performance and managing shareholder expectations. Compensation details reveal a strong connection between performance metrics like net income and earnings per share, ensuring that top executives are held accountable and rewarded for the bank's success. This approach highlights the board's commitment to sustainable growth while fostering an environment where employees feel invested in the company's achievements.

Year

2022

Total Compensation

$1.60M

Salary

$525.00K

Board Justification

Nicolet's compensation philosophy is to align executive compensation with performance and shareholder interests, using a mix of base salary, annual bonuses, and long-term equity incentives to attract and retain skilled executives while promoting sustainable growth.

Bonus

$328.13K

Board Justification

The annual variable incentive bonus is represented as a target percentage of salary, with a portion in cash and a portion in restricted stock, payable for attainment of goals. The Committee awarded a 125% multiple of target incentive for 2022 based on record results.

Other

$544.56K

Board Justification

Other compensation includes 401(k) company match contributions, company contributions to employee retirement subaccounts, supplemental employer health benefit, auto allowances, club memberships, key person life insurance premiums, housing and travel allowance, and other perquisites and personal benefits.

Restricted Stock

$203.50K(2.52K restricted stock)

Board Justification

The vested stock represents restricted stock that vested in 2022 as part of the annual variable incentive bonus, with one-third vesting immediately and one-third on the next two anniversary dates.

Performance Metrics

Performance metrics for 2022 included net income, earnings per share, and growth in loans and deposits.

Other Nicolet Bankshares CEOs

Here are other CEOs of Nicolet Bankshares