J. Chris Verenes
2022
In 2022, J. Chris Verenes earned a total compensation of $494.6K as Chief Executive Officer and Director of Security Federal; Chairman and Chief Executive Officer of the Bank at Security Federal, a 10% decrease compared to previous year.
Compensation breakdown
Change in Pension Value and Nonqualified Deferred Compensation Earnings | $39,973 |
---|---|
Non-Equity Incentive Plan | $30,720 |
Salary | $384,000 |
Other | $39,883 |
Total | $494,576 |
Verenes received $384K in salary, accounting for 78% of the total pay in 2022.
Verenes also received $40K of change in pension value and nonqualified deferred compensation earnings, $30.7K in non-equity incentive plan and $39.9K in other compensation.
Rankings
In 2022, J. Chris Verenes' compensation ranked 4,238th out of 5,501 executives tracked by ExecPay. In other words, Verenes earned more than 23.0% of executives.
Classification | Ranking | Percentile |
---|---|---|
All | 4,238 | 23rd |
Finance, Insurance, And Real Estate | 413 | 37th |
Depository Institutions | 202 | 44th |
Commercial Banks | 131 | 41st |
State Commercial Banks | 93 | 42nd |
Verenes' colleagues
We found two more compensation records of executives who worked with J. Chris Verenes at Security Federal in 2022.