Columbia Financial CEO Thomas Kemly's 2021 pay falls 41% to $2.1M
Columbia Financial reports 2021 executive compensation
By ExecPay News
Published: May 12, 2022
Columbia Financial reported fiscal year 2021 executive compensation information on May 12, 2022.
In 2021, six executives at Columbia Financial received on average a compensation package of $1.2M, a 29% decrease compared to previous year.
Average pay of disclosed executives at Columbia Financial
Thomas J. Kemly, Chief Executive Officer, received $2.1M in total, which decreased by 41% compared to 2020. 38% of Kemly's compensation, or $819K, was in salary. Kemly also received $367K of change in pension value and nonqualified deferred compensation earnings, $765K in non-equity incentive plan, as well as $181K in other compensation.
For fiscal year 2021, the median employee pay was $121,439 at Columbia Financial. Therefore, the ratio of Thomas J. Kemly's pay to the median employee pay was 18 to one.
Oliver E. Lewis, Jr, Executive Vice President, Head of Commercial Banking, received a compensation package of $1.4M. 31% of the compensation package, or $420K, was in stock awards.
E. Thomas Allen, Jr, Chief Operating Officer, earned $1.2M in 2021, a 31% decrease compared to previous year.
John Klimowich, Executive Vice President and Chief Risk Officer, received $913K in 2021, which decreases by 37% compared to 2020.
Dennis E. Gibney, Chief Financial Officer, earned $877K in 2021, a 13% decrease compared to previous year.
Allyson Schlesinger, Executive Vice President, Head of Consumer Banking, received $825K in 2021, which increases by 3% compared to 2020.
Related executives
Thomas Kemly
Columbia Financial
Chief Executive Officer
Dennis Gibney
Columbia Financial
Chief Financial Officer
E Allen
Columbia Financial
Chief Operating Officer
John Klimowich
Columbia Financial
Executive Vice President and Chief Risk Officer
Allyson Schlesinger
Columbia Financial
Executive Vice President, Head of Consumer Banking
Oliver Lewis
Columbia Financial
Executive Vice President, Head of Commercial Banking
You may also like
Source: SEC filing on May 12, 2022.