Evans Bancorp CEO David Nasca's 2020 pay slips 20% to $986K
Evans Bancorp reports 2020 executive compensation
By ExecPay News
Published: March 24, 2021
Evans Bancorp reported fiscal year 2020 executive compensation information on March 24, 2021.
In 2020, three executives at Evans Bancorp received on average a compensation package of $557K, a 11% decrease compared to previous year.
Average pay of disclosed executives at Evans Bancorp
David Nasca, Chief Executive Officer, received $986K in total, which decreased by 20% compared to 2019. 55% of Nasca's compensation, or $545K, was in salary. Nasca also received $168K of change in pension value and nonqualified deferred compensation earnings, $62K in non-equity incentive plan, $41K in option awards, $124K in stock awards, as well as $46K in other compensation.
For fiscal year 2020, the median employee pay was $57,623 at Evans Bancorp. Therefore, the ratio of David Nasca's pay to the median employee pay was 17 to one.
John Connerton, Chief Financial Officer, received a compensation package of $403K, which decreased by 5% compared to previous year. 63% of the compensation package, or $253K, was in salary.
Aaron M. Whitehouse, SVP and President of TEA, earned $282K in 2020, a 25% increase compared to previous year.
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Source: SEC filing on March 24, 2021.