Old Second Bancorp Management
Management criteria checks 2/4
Old Second Bancorp's CEO is Jim Eccher, appointed in Jan 2015, has a tenure of 9.83 years. total yearly compensation is $2.29M, comprised of 35.3% salary and 64.7% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth €5.82M. The average tenure of the management team and the board of directors is 5.7 years and 7.3 years respectively.
Key information
Jim Eccher
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 35.3% |
| CEO tenure | 9.8yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.7yrs |
| Board average tenure | 7.3yrs |
Recent management updates
No updates
Recent updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$84m |
| Jun 30 2024 | n/a | n/a | US$86m |
| Mar 31 2024 | n/a | n/a | US$89m |
| Dec 31 2023 | US$2m | US$811k | US$92m |
| Sep 30 2023 | n/a | n/a | US$97m |
| Jun 30 2023 | n/a | n/a | US$92m |
| Mar 31 2023 | n/a | n/a | US$79m |
| Dec 31 2022 | US$2m | US$668k | US$67m |
| Sep 30 2022 | n/a | n/a | US$35m |
| Jun 30 2022 | n/a | n/a | US$24m |
| Mar 31 2022 | n/a | n/a | US$20m |
| Dec 31 2021 | US$2m | US$587k | US$20m |
| Sep 30 2021 | n/a | n/a | US$37m |
| Jun 30 2021 | n/a | n/a | US$39m |
| Mar 31 2021 | n/a | n/a | US$39m |
| Dec 31 2020 | US$1m | US$567k | US$28m |
| Sep 30 2020 | n/a | n/a | US$29m |
| Jun 30 2020 | n/a | n/a | US$31m |
| Mar 31 2020 | n/a | n/a | US$31m |
| Dec 31 2019 | US$1m | US$530k | US$39m |
| Sep 30 2019 | n/a | n/a | US$39m |
| Jun 30 2019 | n/a | n/a | US$36m |
| Mar 31 2019 | n/a | n/a | US$33m |
| Dec 31 2018 | US$2m | US$501k | US$34m |
| Sep 30 2018 | n/a | n/a | US$23m |
| Jun 30 2018 | n/a | n/a | US$21m |
| Mar 31 2018 | n/a | n/a | US$20m |
| Dec 31 2017 | US$1m | US$474k | US$15m |
Compensation vs Market: Jim's total compensation ($USD2.29M) is above average for companies of similar size in the German market ($USD1.48M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jim Eccher (59 yo)
9.8yrs
Tenure
US$2,294,391
Compensation
Mr. James L. Eccher, also known as Jim, has been the Chief Executive Officer and President of Old Second Bancorp Inc. since January 1, 2015, had been its Chief Operating Officer since 2007 until August 15,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.8yrs | US$2.29m | 0.73% € 5.8m | |
| EVP, COO & CFO | 7.5yrs | US$1.05m | 0.29% € 2.3m | |
| EVP & Head of Wealth Management | no data | US$514.70k | 0.081% € 645.1k | |
| Executive VP & Chief Lending Officer | 12.8yrs | US$746.05k | 0.14% € 1.1m | |
| Senior VP & Chief Technology Officer | no data | no data | no data | |
| Senior VP & MD of Wealth Management | 5.7yrs | no data | no data | |
| Chief Investment Officer of Wealth Management Group | no data | no data | no data | |
| Shareholder Relations Manager | no data | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Retirement Plan Services | 2.8yrs | no data | no data | |
| Senior VP & Senior Wealth Advisor | less than a year | no data | no data | |
| Chief Audit Executive | 1.8yrs | no data | no data |
5.7yrs
Average Tenure
55yo
Average Age
Experienced Management: OSB's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.6yrs | US$2.29m | 0.73% € 5.8m | |
| Vice Chairman of the Board | 8.1yrs | US$871.50k | 0.26% € 2.0m | |
| Independent Director | 6.5yrs | US$111.52k | 0.34% € 2.7m | |
| Independent Director | 4.1yrs | US$109.52k | 0.030% € 235.5k | |
| Independent Director | 24.8yrs | US$108.64k | 0.38% € 3.0m | |
| Independent Director | 3.3yrs | US$103.02k | 0.094% € 745.4k | |
| Independent Director | 2.9yrs | US$95.02k | 0.068% € 544.3k | |
| Independent Lead Director | 20.3yrs | US$131.14k | 0.18% € 1.5m | |
| Independent Director | 16.8yrs | US$111.64k | 0.44% € 3.5m | |
| Independent Director | 2.9yrs | US$100.02k | 0.40% € 3.2m | |
| Independent Director | 9.1yrs | US$105.02k | 0.061% € 483.6k | |
| Independent Director | 4.1yrs | US$104.77k | 0.031% € 244.8k |
7.3yrs
Average Tenure
65yo
Average Age
Experienced Board: OSB's board of directors are considered experienced (7.3 years average tenure).