CONSUMERS BANCORP CEO Ralph Lober's 2020 pay jumps 23% to $565.1K
CONSUMERS BANCORP reports 2020 executive compensation
By ExecPay News
Published: September 21, 2020
CONSUMERS BANCORP reported fiscal year 2020 executive compensation information on September 21, 2020.
In 2020, three executives at CONSUMERS BANCORP received on average a compensation package of $416K, a 19% increase compared to previous year.
Ralph J. Lober, II, Chief Executive Officer, received $565.1K in total, which increased by 23% compared to 2019. 47.23% of Lober's compensation, or $266.9K, was in salary. Lober also received $250 in bonus, $124.3K of change in pension value and nonqualified deferred compensation earnings, $98.2K in non-equity incentive plan, $63.9K in stock awards, as well as $11.6K in other compensation.
Renee K. Wood, Chief Financial Officer, received a compensation package of $346.3K, which increased by 18% compared to previous year. 53.28% of the compensation package, or $184.5K, was in salary.
Scott E. Dodds, Executive Vice President and Senior Loan Officer, earned $336.6K in 2020, a 15% increase compared to previous year.
CONSUMERS BANCORP's fiscal year ends on June 30.