ECB Bancorp CEO Richard O'Neil's 2023 pay jumps 209% to $2.1M
ECB Bancorp reports 2023 executive compensation
By ExecPay News
Published: April 26, 2024
ECB Bancorp reported fiscal year 2023 executive compensation information on April 26, 2024.
In 2023, three executives at ECB Bancorp received on average a compensation package of $1.5M, a 194% increase compared to previous year.
Average pay of disclosed executives at ECB Bancorp
Richard J. O'Neil, Jr, Chief Executive Officer, received $2.1M in total, which increased by 209% compared to 2022. 34% of O'Neil's compensation, or $706K, was in option awards. O'Neil also received $220K in non-equity incentive plan, $442K in salary, $682K in stock awards, as well as $55K in other compensation.
John Migliozzi, Executive Vice President and Chief Lending Officer, received a compensation package of $1.3M, which increased by 203% compared to previous year. 31% of the compensation package, or $392K, was in option awards.
John A. Citrano, Chief Financial Officer, earned $1.3M in 2023, a 165% increase compared to previous year.
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Source: SEC filing on April 26, 2024.