James C. Hagan
2023
In 2023, James C. Hagan earned a total compensation of $1.4M as President and Chief Executive Officer at Westfield Financial, a 7% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $243,000 |
|---|---|
| Salary | $701,299 |
| Stock Awards | $247,112 |
| Other | $224,608 |
| Total | $1,416,019 |
Hagan received $701.3K in salary, accounting for 50% of the total pay in 2023.
Hagan also received $243K in non-equity incentive plan, $247.1K in stock awards and $224.6K in other compensation.
Rankings
In 2023, James C. Hagan's compensation ranked 773rd out of 2,338 executives tracked by ExecPay. In other words, Hagan earned more than 66.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 773 out of 2,338 | 67th |
Division Finance, Insurance, And Real Estate | 62 out of 363 | 83rd |
Major group Depository Institutions | 19 out of 231 | 92nd |
Industry group Savings Institutions | 7 out of 92 | 92nd |
Industry Savings Institutions, Federally Chartered | 1 out of 45 | 98th |
Pay ratio
| James C. Hagan's Pay | $1,416,019 |
|---|---|
| Median Employee's Pay | $53,143 |
| Pay Ratio | 27to 1 |
In 2023, the annual total compensation of James C. Hagan was $1,416,019.
The annual total compensation of the median employee at Westfield Financial was $53,143.
The ratio of James C. Hagan's pay to the pay of median employee was therefore 27 to one.
Source: SEC filing on March 29, 2024.
Hagan's colleagues
We found two more compensation records of executives who worked with James C. Hagan at Westfield Financial in 2023.