J. Chris Verenes
2016
In 2016, J. Chris Verenes earned a total compensation of $374.5K as Chief Executive Officer and Director of Security Federal; Chairman and Chief Executive Officer of the Bank at Security Federal, a 17% increase compared to previous year.
Compensation breakdown
Change in Pension Value and Nonqualified Deferred Compensation Earnings | $45,161 |
---|---|
Non-Equity Incentive Plan | $25,326 |
Salary | $270,000 |
Other | $34,025 |
Total | $374,512 |
Verenes received $270K in salary, accounting for 72% of the total pay in 2016.
Verenes also received $45.2K of change in pension value and nonqualified deferred compensation earnings, $25.3K in non-equity incentive plan and $34K in other compensation.
Rankings
In 2016, J. Chris Verenes' compensation ranked 12,114th out of 14,075 executives tracked by ExecPay. In other words, Verenes earned more than 13.9% of executives.
Classification | Ranking | Percentile |
---|---|---|
All | 12,114 | 14th |
Finance, Insurance, And Real Estate | 2,467 | 20th |
Depository Institutions | 951 | 32nd |
Commercial Banks | 811 | 26th |
State Commercial Banks | 510 | 30th |
Verenes' colleagues
We found two more compensation records of executives who worked with J. Chris Verenes at Security Federal in 2016.