Jeffrey L. Karafa

2021

In 2021, Jeffrey L. Karafa earned a total compensation of $581.4K as Executive Vice President, Former Chief Financial Officer and Current Chief Accounting Officer at Southern National Bancorp of Virginia, a 55% increase compared to previous year.

Compensation breakdown

Bonus$250,000
Non-Equity Incentive Plan$40,000
Salary$280,000
Other$11,392
Total$581,392

Karafa received $280K in salary, accounting for 48% of the total pay in 2021.

Karafa also received $250K in bonus, $40K in non-equity incentive plan and $11.4K in other compensation.

Rankings

In 2021, Jeffrey L. Karafa's compensation ranked 10,388th out of 12,397 executives tracked by ExecPay. In other words, Karafa earned more than 16.2% of executives.

ClassificationRankingPercentile
All
10,388
out of 12,397
16th
Division
Finance, Insurance, And Real Estate
1,784
out of 2,278
22nd
Major group
Depository Institutions
664
out of 1,000
34th
Industry group
Commercial Banks
573
out of 800
28th
Industry
State Commercial Banks
354
out of 512
31st

Pay ratio

Jeffrey L. Karafa's Pay$581,392
Median Employee's Pay$50,442
Pay Ratio

12

to 1

In 2021, the annual total compensation of Jeffrey L. Karafa was $581,392.

The annual total compensation of the median employee at Southern National Bancorp of Virginia was $50,442.

The ratio of Jeffrey L. Karafa's pay to the pay of median employee was therefore 12 to one.

Source: SEC filing on April 15, 2022.

Karafa's colleagues

We found five more compensation records of executives who worked with Jeffrey L. Karafa at Southern National Bancorp of Virginia in 2021.

2021

Dennis Zember

Southern National Bancorp of Virginia

Chief Executive Officer

2021

Matthew Switzer

Southern National Bancorp of Virginia

Chief Financial Officer

2021

Stephen Weber

Southern National Bancorp of Virginia

Executive Vice President and Chief Strategy Officer

2021

G Sheflett

Southern National Bancorp of Virginia

Executive Vice President and Chief Information Officer

2021

Marie Leibson

Southern National Bancorp of Virginia

Executive Vice President and Chief Credit Officer

News

You may also like