Bridgewater Bancshares Management
Management criteria checks 4/4
Bridgewater Bancshares' CEO is Jerry Baack, appointed in Jan 2005, has a tenure of 19.25 years. total yearly compensation is $1.27M, comprised of 51.3% salary and 48.7% bonuses, including company stock and options. directly owns 4.34% of the company’s shares, worth €13.13M. The average tenure of the management team and the board of directors is 9.8 years and 16.8 years respectively.
Key information
Jerry Baack
Chief executive officer
US$1.3m
Total compensation
CEO salary percentage | 51.3% |
CEO tenure | 19.3yrs |
CEO ownership | 4.3% |
Management average tenure | 9.8yrs |
Board average tenure | 16.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$32m |
Dec 31 2023 | US$1m | n/a | US$36m |
Sep 30 2023 | n/a | n/a | US$41m |
Jun 30 2023 | n/a | n/a | US$46m |
Mar 31 2023 | n/a | n/a | US$49m |
Dec 31 2022 | US$2m | US$650k | US$49m |
Sep 30 2022 | n/a | n/a | US$48m |
Jun 30 2022 | n/a | n/a | US$46m |
Mar 31 2022 | n/a | n/a | US$45m |
Dec 31 2021 | US$2m | US$575k | US$45m |
Sep 30 2021 | n/a | n/a | US$38m |
Jun 30 2021 | n/a | n/a | US$34m |
Mar 31 2021 | n/a | n/a | US$30m |
Dec 31 2020 | US$1m | US$575k | US$27m |
Sep 30 2020 | n/a | n/a | US$31m |
Jun 30 2020 | n/a | n/a | US$31m |
Mar 31 2020 | n/a | n/a | US$32m |
Dec 31 2019 | US$2m | US$575k | US$31m |
Sep 30 2019 | n/a | n/a | US$31m |
Jun 30 2019 | n/a | n/a | US$29m |
Mar 31 2019 | n/a | n/a | US$28m |
Dec 31 2018 | US$1m | US$526k | US$27m |
Sep 30 2018 | n/a | n/a | US$22m |
Jun 30 2018 | n/a | n/a | US$21m |
Mar 31 2018 | n/a | n/a | US$19m |
Dec 31 2017 | US$2m | US$500k | US$17m |
Compensation vs Market: Jerry's total compensation ($USD1.27M) is about average for companies of similar size in the German market ($USD1.02M).
Compensation vs Earnings: Jerry's compensation has been consistent with company performance over the past year.
CEO
Jerry Baack (56 yo)
19.3yrs
Tenure
US$1,266,346
Compensation
Mr. Gerald John Baack, also known as Jerry, Co-Founded Bridgewater Bancshares, Inc. and Bridgewater Bank (“Bank”) in 2005 and has been its Chairman of the Board, Chief Executive Officer, President and Visi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 19.3yrs | US$1.27m | 4.34% $ 13.1m | |
Co-Founder | 11.3yrs | US$675.92k | 2.87% $ 8.7m | |
Chief Financial Officer | 7.3yrs | US$721.69k | 0.28% $ 855.4k | |
Executive VP & COO | 10.3yrs | US$751.71k | 0.60% $ 1.8m | |
Chief Lending Officer | 9.3yrs | US$649.74k | 0.35% $ 1.1m | |
Chief Technology Officer | 5.3yrs | no data | 0.083% $ 250.9k | |
Director of Investor Relations | no data | no data | no data | |
General Counsel | no data | no data | no data | |
Senior VP & Senior Loan Officer | no data | no data | no data | |
Chief Deposit Officer | no data | no data | 0.13% $ 383.9k | |
Managing Director of Commercial Lending | no data | no data | no data | |
Senior Vice President of Commercial Real Estate | no data | no data | no data |
9.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 1WA's management team is seasoned and experienced (9.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 19.3yrs | US$1.27m | 4.34% $ 13.1m | |
Co-Founder | 19.3yrs | US$675.92k | 2.87% $ 8.7m | |
Independent Director | 6.6yrs | US$88.00k | no data | |
Lead Independent Director | 14.3yrs | US$80.13k | 5.81% $ 17.6m | |
Independent Director | 19.3yrs | US$79.82k | 4.22% $ 12.8m | |
Independent Director | 4.3yrs | US$80.13k | 0.092% $ 278.8k | |
Independent Director | 19.3yrs | US$80.13k | 0.88% $ 2.7m | |
Independent Director | 19.3yrs | US$80.06k | 0.38% $ 1.2m | |
Independent Director | 5.8yrs | US$100.06k | 0.077% $ 234.4k | |
Independent Director | 3.5yrs | US$80.13k | 0.090% $ 271.3k |
16.8yrs
Average Tenure
56yo
Average Age
Experienced Board: 1WA's board of directors are seasoned and experienced ( 16.8 years average tenure).