Peter Crocitto
2007
In 2007, Peter Crocitto earned a total compensation of $889.9K as Executive Vice President and Chief Operating Officer at Valley National Bancorp, a 11% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $80,542 |
|---|---|
| Non-Equity Incentive Plan | $180,000 |
| Option Awards | $67,642 |
| Salary | $355,000 |
| Stock Awards | $175,693 |
| Other | $30,984 |
| Total | $889,861 |
Crocitto received $355K in salary, accounting for 40% of the total pay in 2007.
Crocitto also received $80.5K of change in pension value and nonqualified deferred compensation earnings, $180K in non-equity incentive plan, $67.6K in option awards, $175.7K in stock awards and $31K in other compensation.
Rankings
In 2007, Peter Crocitto's compensation ranked 4,447th out of 8,700 executives tracked by ExecPay. In other words, Crocitto earned more than 48.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,447 out of 8,700 | 49th |
Division Finance, Insurance, And Real Estate | 862 out of 1,930 | 55th |
Major group Depository Institutions | 214 out of 931 | 77th |
Industry group Commercial Banks | 189 out of 793 | 76th |
Industry National Commercial Banks | 111 out of 327 | 66th |
Source: SEC filing on March 5, 2009.
Crocitto's colleagues
We found five more compensation records of executives who worked with Peter Crocitto at Valley National Bancorp in 2007.
2007
Gerald Lipkin
Valley National Bancorp
Chief Executive Officer
2007
Alan Eskow
Valley National Bancorp
Chief Financial Officer
2007
Robert Meyer
Valley National Bancorp
Executive Vice President
2007
Albert Engel
Valley National Bancorp
Executive Vice President
2007
James Lawrence
Valley National Bancorp