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First Merchants Corporation (FRME)

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40.10+0.71 (+1.80%)
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First Merchants Corporation

200 East Jackson Street
Muncie, IN 47305-2814
United States
765 747 1500
http://www.firstmerchants.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees1,907

Key Executives

NameTitlePayExercisedYear Born
Mr. Mark K. HardwickCEO & Director546.28kN/A1971
Mr. Michael J. StewartPres502.4kN/A1966
Mr. Stephan H. FluhlerSr. VP & Chief Information Officer374kN/A1969
Mr. Michael C. RechinAdvisor & Director995.98kN/A1959
Mr. John J. MartinExec. VP & Chief Credit Officer388.45kN/A1967
Ms. Michele M. KawieckiExec. VP, CFO & Principal Accounting OfficerN/AN/A1973
Ms. Nicole M. WeaverVP & Director of Corp. Admin.N/AN/AN/A
Mr. Brian T. HuntSec. & Legal CounselN/AN/A1960
Ms. Karen EvensVP & Director of MarketingN/AN/AN/A
Mr. Steven C. HarrisSr. VP & Director of HRN/AN/A1964
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 124 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Corporate Governance

First Merchants Corporation’s ISS Governance QualityScore as of June 1, 2021 is 5. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 8; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.