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Independent BANK ceo salary
Jeffrey Tengel, CEO and President of INDEPENDENT BANK CORP (INDB), received $3,606,962 ($3.6M) in total compensation for FY2025, up 23.3% from the prior year. Non-equity incentive compensation of $1,123,669 was the largest component. Figures come from INDEPENDENT BANK CORP's DEF 14A filed 26 Mar 2026 (accession 0000776901-26-000079).
Reported total from the latest DEF 14A pay table. Source filing (accession 0000776901-26-000079). These figures come from INDEPENDENT BANK CORP's DEF 14A filed 26 Mar 2026 (accession 0000776901-26-000079).
| Component | Amount |
|---|---|
| Salary | $1,097,385 |
| Stock awards | $1,094,318 |
| Cash incentive | $1,123,669 |
| Other | $291,590 |
| Total | $3,606,962 |
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See also: INDB ticker page