Evans Bancorp CEO David Nasca's 2019 pay rises 12% to $1.2M
Evans Bancorp reports 2019 executive compensation
By ExecPay News
Published: March 24, 2020
Evans Bancorp reported fiscal year 2019 executive compensation information on March 24, 2020.
In 2019, three executives at Evans Bancorp received on average a compensation package of $625K, a 38% decrease compared to previous year.
Average pay of disclosed executives at Evans Bancorp
David Nasca, Chief Executive Officer, received $1.2M in total, which increased by 12% compared to 2018. 42% of Nasca's compensation, or $518K, was in salary. Nasca also received $311K of change in pension value and nonqualified deferred compensation earnings, $211K in non-equity incentive plan, $33K in option awards, $99K in stock awards, as well as $53K in other compensation.
For fiscal year 2019, the median employee pay was $55,078 at Evans Bancorp. Therefore, the ratio of David Nasca's pay to the median employee pay was 22 to one.
John Connerton, Chief Financial Officer, received a compensation package of $423K, which increased by 8% compared to previous year. 57% of the compensation package, or $241K, was in salary.
Aaron M. Whitehouse, SVP and President of TEA, earned $225K in 2019.
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Source: SEC filing on March 24, 2020.