Lakeland Financial: Pay

Lakeland Financial paid its 5 named executives $5.7M in total in FY2024 (Dec). CEO David M. Findlay was paid $2.0M of that.

Pay$100 in the stock at the end of FY20 → $134
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

David M. FindlayChairman and Chief Executive Officer
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Eric H. OttingerExecutive Vice President, Chief Commercial Banking Officer
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Lisa M. O’NeillExecutive Vice President, Chief Financial Officer
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
J. Rickard DonovanSenior Vice President, General Counsel
FY2024 (Dec)
FY2023 (Dec)
2 years

CEO pay against the pay peers

No CEO pay of the disclosed peers is on file for FY2024 (Dec).

  1. 1Lakeland FinancialNot disclosed
  2. 2CNB Financial Corporation – Clearfield, PennsylvaniaNot disclosed
  3. 3City Holding Company – Charleston, West VirginiaNot disclosed
  4. 4Community Trust Bancorp – Pikeville, KentuckyNot disclosed
  5. 5First Busey – Champaign, IllinoisNot disclosed
  6. 6First Commonwealth Financial Corp. – Indiana, PennsylvaniaNot disclosed
  7. 7First Financial Corporation – Terre Haute, IndianaNot disclosed
  8. 8First Merchants Corporation – Muncie, IndianaNot disclosed
  9. 9German American – Jasper, IndianaNot disclosed
  10. 10Horizon Bancorp – Michigan City, IndianaNot disclosed
  11. 11Independent Bank Corporation – Ionia, MichiganNot disclosed
  12. 12Mercantile Bank Corporation – Grand Rapids, MichiganNot disclosed
  13. 13MidWestOne Financial – Iowa City, IowaNot disclosed
  14. 14Midland States Bancorp – Effingham, IllinoisNot disclosed
  15. 15Old Second Bancorp, Inc. – Aurora, IllinoisNot disclosed
  16. 16Park National Corporation – Newark, OhioNot disclosed
  17. 17Peoples Bancorp – Marietta, OhioNot disclosed
  18. 18QCR Holdings, Inc. – Moline, IllinoisNot disclosed
  19. 19Republic Bancorp – Louisville, KentuckyNot disclosed
  20. 20Stock Yards Bancorp – Louisville, KentuckyNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.