ESSA Bancorp CEO Gary Olson's 2020 pay slips 2% to $951K
ESSA Bancorp reports 2020 executive compensation
By ExecPay News
Published: January 25, 2021
ESSA Bancorp reported fiscal year 2020 executive compensation information on January 25, 2021.
In 2020, three executives at ESSA Bancorp received on average a compensation package of $646K, a 3% decrease compared to previous year.
Average pay of disclosed executives at ESSA Bancorp
Gary S. Olson, Chief Executive Officer, received $951K in total, which decreased by 2% compared to 2019. 49% of Olson's compensation, or $463K, was in salary. Olson also received $331K in non-equity incentive plan, $100K in stock awards, as well as $56K in other compensation.
Charles D. Hangen, Chief Operating Officer, received a compensation package of $506K, which decreased by 3% compared to previous year. 49% of the compensation package, or $249K, was in salary.
Allan A. Muto, Chief Financial Officer, earned $481K in 2020, a 3% decrease compared to previous year.
ESSA Bancorp's fiscal year ends on September 30.
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Source: SEC filing on January 25, 2021.