William Kessel is President and Chief Executive Officer of Independent Bank Corp (IBCP). The company reported total compensation of $1,558,390 for fiscal year 2025.
| Salary | $644,225 |
|---|---|
| Bonus | $0 |
| Stock awards | $446,694 |
| Option awards | $0 |
| Non-equity incentive plan | $391,307 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $76,164 |
| Total | $1,558,390 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Independent Bank Corp filed March 6, 2026, accession 0000039311-26-000011.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $644,225 | $0 | $446,694 | $0 | $391,307 | $0 | $76,164 | $1,558,390 |
| FY2024 | President and Chief Executive Officer | $602,080 | $0 | $330,138 | $0 | $385,500 | $0 | $76,731 | $1,394,449 |
| FY2023 | President and Chief Executive Officer | $568,000 | — | $318,106 | — | $170,587 | — | $65,427 | $1,122,120 |
Totals as disclosed in each year's own compensation disclosure for Independent Bank Corp.
| Peer-group chief executive median | $1,785,385 |
|---|---|
| Difference from that median | $-226,995 |
| Percentile within the disclosed peer group | 25th |
| Peers with a disclosed figure | 20 |
Medians and percentiles are computed across the peer group Independent Bank Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| William Kessel this page | President and Chief Executive Officer | $1,558,390 |
| Gavin Mohr | Executive Vice President and Chief Financial Officer | $673,720 |
| Joel Rahn | Executive Vice President - Commercial Lending | $639,840 |
| Stefanie Kimball | Executive Vice President - Chief Risk Officer | $625,630 |
| Patrick Ervin | Executive Vice President - Mortgage Banking | $606,047 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Independent Bank Corp compensation brief.
William Kessel's compensation sits inside Independent Bank Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.