FNWD · Finward Bancorp · Executive Compensation
Market Cap
$187.06M
Shares
4.33M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer | $480,686 |
| Todd M. Scheub | Executive Vice President, Chief Revenue Officer; President of Peoples Bank | $372,237 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer | $326,795 |
| Benjamin L. Schmitt | Executive Vice President, Chief Financial Officer and Treasurer | $289,516 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer | $508,236 |
| Todd M. Scheub | Executive Vice President, Chief Revenue Officer; President of Peoples Bank | $401,195 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer, Former Interim Chief Financial Officer and Treasurer | $373,412 |
| Benjamin L. Schmitt | Executive Vice President, Chief Financial Officer and Treasurer | $343,271 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer | $468,536 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer, Former Interim Chief Financial Officer and Treasurer | $318,541 |
| Todd M. Scheub | Executive Vice President, Chief Revenue Officer; President of Peoples Bank | $316,712 |
| Peymon S. Torabi | Former Executive Vice President, Chief Financial Officer and Treasurer | $262,339 |
| Leane E. Cerven | Former Executive Vice President, Chief RiskOfficer,General Counsel and Secretary | $195,498 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer and Chief Executive Officer of the Bank andChairman | $551,482 |
| Todd M. Scheub | Executive Vice President, Chief RevenueOfficer; President of Peoples Bank | $398,825 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer | $338,246 |
| Leane E. Cerven | Former Executive Vice President, Chief RiskOfficer,General Counsel and Secretary | $306,370 |
| Peymon S. Torabi | Former Executive Vice President, Chief Financial Officer and Treasurer | $287,152 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer and Chief Executive Officer of the Bank | $649,568 |
| Todd M. Scheub | Executive Vice President, Chief Revenue Officer; President of Peoples Bank | $382,044 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer | $381,536 |
| Leane E. Cerven | Executive Vice President, Chief Risk Officer, General Counsel, and Secretary | $350,348 |
| Peymon S. Torabi | Executive Vice President, Chief Financial Officer and Treasurer | $312,763 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer | $571,763 |
| David A. Bochnowski | Executive Chairman of the Board | $539,046 |
| Todd M. Scheub | Executive Vice President, Chief Banking Officer | $366,747 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer | $361,626 |
| Leane E. Cerven | Executive Vice President, Chief Risk Officer, General Counsel, and Secretary | $332,582 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer | $565,211 |
| David A. Bochnowski | Executive Chairman of the Board | $478,395 |
| Todd M. Scheub | Executive Vice President, Chief Banking Officer | $359,041 |
| Robert T. Lowry | Executive Vice President, Chief Operating Officer | $354,341 |
| Leane E. Cerven | Executive Vice President, Chief Risk Officer, General Counsel, and Secretary | $325,899 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Benjamin J. Bochnowski | President and Chief Executive Officer | $451,046 |
| David A. Bochnowski | Executive Chairman of the Board | $389,405 |
| Robert T. Lowry | Executive Vice President, Chief Financial Officer and Treasurer | $301,755 |
| Todd M. Scheub | Executive Vice President, Chief Banking Officer | $299,440 |
| Leane E. Cerven | Executive Vice President, General Counsel, and Secretary | $284,006 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Martin P. Alwin | Director | Appointed | 2025-05-29 |
| Robert W. Youman | Director | Appointed | 2025-05-29 |
| Amy W. Han, Ph.D. | Director | Appointed | 2025-05-29 |
| Joel Gorelick | Director | Appointed | 2025-05-29 |
| Benjamin L. Schmitt | Executive Vice President, Chief Financial Officer and Treasurer | Appointed | 2024-11-27 |
| Jennifer R. Evans | director | Appointed | 2024-09-05 |
| Carolyn M. Burke | director | Appointed | 2024-09-05 |
| Martin P. Alwin | director | Appointed | 2024-09-05 |
Key facts
CIK
919864
CUSIP
31812F109
13F (30d)
35 filings
35 filers
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