Kearny Financial Corp. CEO Craig Montanaro's 2020 pay rises 20% to $1.1M
Kearny Financial Corp. reports 2020 executive compensation
By ExecPay News
Published: September 16, 2022
Kearny Financial Corp. reported fiscal year 2020 executive compensation information on September 16, 2022.
In 2020, seven executives at Kearny Financial Corp. received on average a compensation package of $627K, a 37% decrease compared to previous year.
Average pay of disclosed executives at Kearny Financial Corp.
Craig L. Montanaro, Chief Executive Officer, received $1.1M in total, which increased by 20% compared to 2019. 51% of Montanaro's compensation, or $577K, was in salary. Montanaro also received $37K of change in pension value and nonqualified deferred compensation earnings, $321K in non-equity incentive plan, as well as $201K in other compensation.
For fiscal year 2020, the median employee pay was $64,473 at Kearny Financial Corp.. Therefore, the ratio of Craig L. Montanaro's pay to the median employee pay was 18 to one.
Eric B. Heyer, Chief Operating Officer, received a compensation package of $630K, which increased by 15% compared to previous year. 56% of the compensation package, or $352K, was in salary.
Patrick M. Joyce, Chief Legal Officer, earned $616K in 2020, a 22% increase compared to previous year.
Erika K. Parisi, EVP and CAO, received $549K in 2020, which increases by 19% compared to 2019.
Thomas D. DeMedici, EVP and CCO, earned $505K in 2020, a 59% decrease compared to previous year.
Anthony V. Bilotta, Jr, EVP and CBO, received $493K in 2020, which decreases by 73% compared to 2019.
Keith Suchodolski, Chief Financial Officer, earned $464K in 2020, a 67% decrease compared to previous year.
Kearny Financial Corp.'s fiscal year ends on June 30.
Related executives
Thomas DeMedici
Kearny Financial Corp.
EVP and CCO
Anthony Bilotta
Kearny Financial Corp.
EVP and CBO
Craig Montanaro
Kearny Financial Corp.
Chief Executive Officer
Eric Heyer
Kearny Financial Corp.
Chief Operating Officer
Keith Suchodolski
Kearny Financial Corp.
Chief Financial Officer
Patrick Joyce
Kearny Financial Corp.
Chief Legal Officer
Erika Parisi
Kearny Financial Corp.
EVP and CAO
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Source: SEC filing on September 16, 2022.