Brookline Bancorp CEO Richard Chapman's 2007 pay slips 6% to $1.6M

Brookline Bancorp reports 2007 executive compensation

By ExecPay News

Published: March 14, 2008

Brookline Bancorp reported fiscal year 2007 executive compensation information on March 14, 2008.
In 2007, six executives at Brookline Bancorp received on average a compensation package of $615K, a 12% decrease compared to previous year.
Average pay of disclosed executives at Brookline Bancorp
Richard P. Chapman, Jr, Chief Executive Officer, received $1.6M in total, which decreased by 6% compared to 2006. 35% of Chapman's compensation, or $550K, was in salary. Chapman also received $468K of change in pension value and nonqualified deferred compensation earnings, $130K in non-equity incentive plan, $55K in option awards, as well as $370K in other compensation.
Charles H. Peck, Executive Vice President and Director, received a compensation package of $730K, which decreased by 12% compared to previous year. 33% of the compensation package, or $243K, was in salary.
Paul R. Bechet, Chief Financial Officer, earned $448K in 2007, a 31% decrease compared to previous year.
Michael J. Fanger, Chief Executive Officer, received $346K in 2007, which increases by 17% compared to 2006.
David J. Pallin, Senior Vice President, earned $322K in 2007, a 4% decrease compared to previous year.
Jane M. Wolchonok, Senior Vice President, received $271K in 2007.

Related executives

Richard Chapman

Brookline Bancorp

Chief Executive Officer

Paul Bechet

Brookline Bancorp

Chief Financial Officer

Charles Peck

Brookline Bancorp

Executive Vice President and Director

Michael Fanger

Brookline Bancorp

Chief Executive Officer

Jane Wolchonok

Brookline Bancorp

Senior Vice President

David Pallin

Brookline Bancorp

Senior Vice President

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Source: SEC filing on March 14, 2008.