Blue Foundry Bancorp CEO James Nesci's 2023 pay rises 1% to $3.7M
Blue Foundry Bancorp reports 2023 executive compensation
By ExecPay News
Published: April 15, 2024
Blue Foundry Bancorp reported fiscal year 2023 executive compensation information on April 15, 2024.
In 2023, three executives at Blue Foundry Bancorp received on average a compensation package of $2M, a 3% increase compared to previous year.
Average pay of disclosed executives at Blue Foundry Bancorp
James D. Nesci, Chief Executive Officer, received $3.7M in total, which increased by 1% compared to 2022. 74% of Nesci's compensation, or $2.7M, was in stock awards. Nesci also received $126K in non-equity incentive plan, $700K in salary, as well as $131K in other compensation.
Kelly Pecoraro, Chief Financial Officer, received a compensation package of $1.3M, which increased by 19% compared to previous year. 65% of the compensation package, or $840K, was in stock awards.
Jason Goldberg, Executive Vice President and Chief Lending Officer, earned $872K in 2023, a 8% decrease compared to previous year.
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Source: SEC filing on April 15, 2024.