Companies Nicolet Bankshares Inc
Nicolet Bankshares (NCBS): executive pay, fiscal 2025
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CEO pay, last three years
- $14,944,068FY2025
CEO total pay was $14,944,068 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $850,000 · bonus $0 · stock awards $12,391,200 · option awards $0
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Michael Daniels | $850,000 | $0 | $12,391,200 | $0 | $1,593,750 | $0 | $109,118 | $14,944,068 |
| Chairman, President, and Chief Executive Officer (Principal Executive Officer) | ||||||||
| H Moore | 475,000 | 534,375 | 0 | 0 | 0 | 0 | 99,180 | 1,108,555 |
| Chief Financial Officer (Principal Financial Officer) | ||||||||
| Eric Witczak | 475,000 | 534,375 | 0 | 0 | 0 | 0 | 69,901 | 1,079,276 |
| Executive Vice President, Retail and Ag Banking | ||||||||
| Brad Hutjens | 450,000 | 506,250 | 0 | 0 | 0 | 0 | 52,989 | 1,009,239 |
| Executive Vice President, Chief Credit Officer | ||||||||
| William Bohn | 440,000 | 495,000 | 0 | 0 | 0 | 0 | 57,185 | 992,185 |
| Executive Vice President, Wealth Management, Private Client and Trust Services (5) | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Michael Daniels | $14,944,068 | — | — | — |
| H Moore | 1,108,555 | — | — | — |
| Eric Witczak | 1,079,276 | — | — | — |
| Brad Hutjens | 1,009,239 | — | — | — |
| William Bohn | 992,185 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| William Bohn | RSU | 1,700 | — | $206,210 |
| H Moore | RSU | 2,000 | — | 242,600 |
| Brad Hutjens | RSU | 2,556 | — | 310,043 |
| H Moore | RSU | 2,884 | — | 349,829 |
| Eric Witczak | RSU | 2,884 | — | 349,829 |
| Michael Daniels | RSU | 7,648 | — | 927,702 |
| William Bohn | RSU | 8,000 | — | 970,400 |
| Eric Witczak | Option | 10,000 | 78.67 | — |
| Brad Hutjens | Option | 10,000 | 78.67 | — |
| H Moore | Option | 10,000 | 78.84 | — |
| Michael Daniels | RSU | 30,000 | — | 3,639,000 |
| William Bohn | Option | 40,000 | 77.66 | — |
| Michael Daniels | PSU | 60,000 | — | 7,278,000 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 10,000 / 5,000 |
| Stock ownership guideline | — |
Peer group, and who names Nicolet Bankshares as a peer
Companies that benchmark against NCBS
No companies currently name NCBS as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Nicolet Bankshares Inc | 2025 | Michael Daniels | $850,000 | $12,391,200 | $0 | $1,593,750 | $14,944,068 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 267 : 1 |
|---|---|
| CEO total compensation | $14,944,068 |
| Median employee compensation | $56,042 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (7 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Michael Daniels. DEF 14A, filed 2026-03-24. Section “Executive Compensation” · page 27. As printed: 14,944,068. View filing ↗
- Section 01, H Moore. DEF 14A, filed 2026-03-24. Section “Executive Compensation” · page 27. As printed: 1,108,555. View filing ↗
- Section 01, Eric Witczak. DEF 14A, filed 2026-03-24. Section “Executive Compensation” · page 27. As printed: 1,079,276. View filing ↗
- Section 01, Brad Hutjens. DEF 14A, filed 2026-03-24. Section “Executive Compensation” · page 27. As printed: 1,009,239. View filing ↗
- Section 01, William Bohn. DEF 14A, filed 2026-03-24. Section “Executive Compensation” · page 27. As printed: 992,185. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-24. Section “CEO Pay Ratio”. As printed: 267 : 1. View filing ↗
- Nicolet Bankshares Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Nicolet Bankshares Inc's own proxy. As printed: 14,944,068. View filing ↗