In 2022, Robert B. Atwell earned $1.60M in total compensation at Nicolet Bankshares, including $525.00K salary, $328.13K bonus and $203.50K in stock. Most recently sold 3,102 shares in Feb 2025. Currently holds stock worth $4.44M. Has donated $1.86M in stock to charitable causes. Led Nicolet Bankshares as CEO for 19 years.
Compensation History
Annual executive compensation data for Robert B. Atwell, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.60M
Salary
$525.00K
Bonus
$328.13K
Other
$544.56K
Salary
$525.00KBoard 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
$328.13KBoard 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 Compensation
$544.56KBoard 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
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.
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
Other Nicolet Bankshares CEOs
Holdings
Track Robert B. Atwell's stock holdings and portfolio value over time.
Total Stock Sold
$16.89M
$16.89M
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 $20.96M.
This is 24.06% and $4.06M more than what they got when they sold the stock.
Charitable Transactions
14,328 shares
NIC
Recent Charitable Transactions
428 shares
NIC
Dec 31, 2024
Charity
2,600 shares
NIC
Dec 26, 2024
Charity
2,000 shares
NIC
Dec 10, 2024
Charity
1,700 shares
NIC
Aug 6, 2024
Charity
1,000 shares
NIC
Jul 19, 2024
Charity
600 shares
NIC
Nov 14, 2023
Charity
Insider Trading
Robert B. Atwell's recent stock transactions, purchases, and sales filed with the SEC.
$364.95K
NIC at $117.65/share
Feb 24, 2025
Sale
$1.41M
NIC at $118.08/share
Feb 12, 2025
Sale
$33.02K
NIC at $110.05/share
Jan 29, 2025
Sale
$5.99K
NIC at $107.86/share
Jan 21, 2025
Received
428 shares
NIC
Dec 31, 2024
Charity
2,600 shares
NIC
Dec 26, 2024
Charity
2,000 shares
NIC
Dec 10, 2024
Charity
$1.72M
NIC at $113.00/share
Dec 10, 2024
Sale
$2.02M
NIC at $113.00/share
Dec 5, 2024
Sale
$778.80K
NIC at $113.00/share
Dec 2, 2024
Sale
Rivals
Compare Robert B. Atwell with competitor CEOs and industry peers.
Richard M. Adams, Jr.
CEO of United Bankshares
2023 Compensation
Stock
$609.36K
Salary
$1.00M
Bonus
$1.09M
Other
$59.30K
Total Holdings
$378.14K
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K