ESSA Bancorp CEO Gary Olson's 2019 pay jumps 34% to $973K
ESSA Bancorp reports 2019 executive compensation
By ExecPay News
Published: January 24, 2020
ESSA Bancorp reported fiscal year 2019 executive compensation information on January 24, 2020.
In 2019, three executives at ESSA Bancorp received on average a compensation package of $663K, a 32% increase compared to previous year.
Average pay of disclosed executives at ESSA Bancorp
Gary S. Olson, Chief Executive Officer, received $973K in total, which increased by 34% compared to 2018. 45% of Olson's compensation, or $441K, was in salary. Olson also received $279K in non-equity incentive plan, $200K in stock awards, as well as $53K in other compensation.
Charles D. Hangen, Chief Operating Officer, received a compensation package of $521K, which increased by 29% compared to previous year. 46% of the compensation package, or $237K, was in salary.
Allan A. Muto, Chief Financial Officer, earned $495K in 2019, a 30% increase compared to previous year.
ESSA Bancorp's fiscal year ends on September 30.
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Source: SEC filing on January 24, 2020.