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About Michael J. Stewart

Michael J. Stewart is recorded as CEO at First Merchants Corp (FRME) since January 1, 2027. First Merchants Corp reported in an 8-K filed October 1, 2026 that Michael J. Stewart was appointed President and Chief Executive Officer, effective January 1, 2027. The proxy statement of First Merchants Corp reports total compensation of $1,751,499 for Michael J. Stewart in fiscal 2025, including a base salary of $658,023. Disclosed compensation is on record for 9 fiscal years. First Merchants Corp is classified in the Banks - Regional industry within the Financial Services sector. Other leadership on record at First Merchants Corp includes Jean Wojtowicz (Chairman), Michele M. Kawiecki (CFO), Stephan H. Fluhler (CIO) and 7 others.

“Michael J. Stewart will assume the position of President and Chief Executive Officer and will become the Company’s principal executive officer. Such appointment will be effective on January 1, 2027 and will continue until the next annual meeting of the Board of Directors or otherwise until his successor is duly appointed and qualified.”
First Merchants Corp Form 8-K, filed October 1, 2026 · Read the filing

Affiliation history

Company network

Leadership on record at First Merchants Corp

Executive compensation

Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.

Fiscal year Company Salary Total
2025 First Merchants Corp (FRME) $658,023 $1,751,499
2024 First Merchants Corp (FRME) $641,769 $1,617,942
2023 First Merchants Corp (FRME) $620,308 $1,377,687
2022 First Merchants Corp (FRME) $588,564 $1,482,289
2021 First Merchants Corp (FRME) $507,856 $1,293,667
2020 First Merchants Corp (FRME) $358,772 $752,087
2019 First Merchants Corp (FRME) $346,515 $909,656
2018 First Merchants Corp (FRME) $334,110 $1,047,879
2017 First Merchants Corp (FRME) $322,505 $941,296

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