Broadway Financial CEO Paul Hudson's 2008 pay rises 20% to $447K
Broadway Financial reports 2008 executive compensation
By ExecPay News
Published: May 22, 2009
Broadway Financial reported fiscal year 2008 executive compensation information on May 22, 2009.
In 2008, three executives at Broadway Financial received on average a compensation package of $359K, a 38% increase compared to previous year.
Average pay of disclosed executives at Broadway Financial
Paul C. Hudson, Chief Executive Officer, received $447K in total, which increased by 20% compared to 2007. 47% of Hudson's compensation, or $210K, was in salary. Hudson also received $81K in bonus, $126K of change in pension value and nonqualified deferred compensation earnings, as well as $30K in other compensation.
Wilbur McKesson, Chief Lending Officer, received a compensation package of $362K, which increased by 133% compared to previous year. 43% of the compensation package, or $156K, was in salary.
Samuel Sarpong, Chief Financial Officer, earned $269K in 2008, a 21% increase compared to previous year.
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Source: SEC filing on May 22, 2009.