Old Second Bancorp Management
Management criteria checks 3/4
Old Second Bancorp's CEO is Jim Eccher, appointed in Jan 2015, has a tenure of 9.33 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 $4.77M. The average tenure of the management team and the board of directors is 8 years and 6.8 years respectively.
Key information
Jim Eccher
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 35.3% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Old Second Bancorp (NASDAQ:OSBC) Is Paying Out A Dividend Of $0.05
Apr 21
Here's Why We Think Old Second Bancorp (NASDAQ:OSBC) Is Well Worth Watching
Jan 30Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05
Oct 21Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05
Jul 22Old Second Bancorp (NASDAQ:OSBC) Has Announced A Dividend Of $0.05
Apr 21Rainbows and Unicorns: Old Second Bancorp, Inc. (NASDAQ:OSBC) Analysts Just Became A Lot More Optimistic
Jan 28Old Second Bancorp (NASDAQ:OSBC) Has Affirmed Its Dividend Of $0.05
Jan 21Old Second Bancorp Expects Big Gains From Higher Rates, Inflation
Sep 26O2 Sponsor Finance provides senior secured credit facilities to support Prospect Partners' recapitalization of Blackwood Solutions
Sep 19Old Second Bancorp declares $0.05 dividend
Jul 21Old Second Bancorp (NASDAQ:OSBC) Is Due To Pay A Dividend Of US$0.05
Apr 23Old Second Bancorp, Inc. (NASDAQ:OSBC) Analysts Just Slashed This Year's Revenue Estimates By 13%
Jul 24Is Now The Time To Put Old Second Bancorp (NASDAQ:OSBC) On Your Watchlist?
Jun 07Old Second Bancorp, Inc.'s (NASDAQ:OSBC) CEO Will Probably Find It Hard To See A Huge Raise This Year
May 12Have Insiders Sold Old Second Bancorp, Inc. (NASDAQ:OSBC) Shares Recently?
Mar 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
CEO
Jim Eccher (58 yo)
9.3yrs
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 | 9.3yrs | US$2.29m | 0.73% $ 4.8m | |
| Executive VP | 7yrs | US$1.05m | 0.29% $ 1.9m | |
| Head of Wealth Management & Executive VP | no data | US$514.70k | 0.080% $ 523.2k | |
| Chief Lending Officer & Executive VP | 12.3yrs | US$746.05k | 0.14% $ 920.4k | |
| Shareholder Relations Manager | no data | no data | no data | |
| Senior VP | 3.8yrs | no data | no data | |
| Executive Vice President of Digital Banking Services | 12.3yrs | US$348.34k | no data | |
| Senior VP & MD | 5.2yrs | no data | no data | |
| Chief Investment Officer of Wealth Management Group | no data | no data | no data | |
| Executive VP & Chief Credit Officer | 9.1yrs | no data | no data | |
| Senior VP | 3.8yrs | no data | no data | |
| Senior Vice President of Wealth Management | no data | no data | no data |
8.0yrs
Average Tenure
58yo
Average Age
Experienced Management: OSBC's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.1yrs | US$2.29m | 0.73% $ 4.8m | |
| Vice Chairman of the Board | 7.6yrs | US$871.50k | 0.25% $ 1.7m | |
| Independent Director | 6yrs | US$111.52k | 0.34% $ 2.2m | |
| Independent Director | 3.6yrs | US$109.52k | 0.030% $ 193.4k | |
| Independent Director | 24.3yrs | US$108.64k | 0.38% $ 2.5m | |
| Independent Director | 2.8yrs | US$103.02k | 0.094% $ 611.9k | |
| Independent Director | 2.4yrs | US$95.02k | 0.068% $ 446.9k | |
| Independent Lead Director | 19.8yrs | US$131.14k | 0.18% $ 1.2m | |
| Independent Director | 16.3yrs | US$111.64k | 0.54% $ 3.5m | |
| Independent Director | 2.4yrs | US$100.02k | 0.40% $ 2.6m | |
| Independent Director | 8.6yrs | US$105.02k | 0.061% $ 397.0k | |
| Independent Director | 3.6yrs | US$104.77k | 0.031% $ 199.9k |
6.8yrs
Average Tenure
64yo
Average Age
Experienced Board: OSBC's board of directors are considered experienced (6.8 years average tenure).