Kearny Financial Corp. CEO Craig Montanaro's 2022 pay jumps 85% to $2.1M
Kearny Financial Corp. reports 2022 executive compensation
By ExecPay News
Published: September 16, 2022
Kearny Financial Corp. reported fiscal year 2022 executive compensation information on September 16, 2022.
In 2022, five executives at Kearny Financial Corp. received on average a compensation package of $1M, a 59% increase compared to previous year.
Average pay of disclosed executives at Kearny Financial Corp.
Craig L. Montanaro, Chief Executive Officer, received $2.1M in total, which increased by 85% compared to 2021. 32% of Montanaro's compensation, or $675K, was in salary. Montanaro also received $437K of change in pension value and nonqualified deferred compensation earnings, $323K in non-equity incentive plan, $546K in stock awards, as well as $143K in other compensation.
For fiscal year 2022, the median employee pay was $82,528 at Kearny Financial Corp.. Therefore, the ratio of Craig L. Montanaro's pay to the median employee pay was 26 to one.
Keith Suchodolski, Chief Financial Officer, received a compensation package of $830K, which increased by 57% compared to previous year. 45% of the compensation package, or $370K, was in salary.
Patrick M. Joyce, Chief Legal Officer, earned $722K in 2022, a 38% increase compared to previous year.
Thomas D. DeMedici, EVP and CCO, received $693K in 2022, which increases by 41% compared to 2021.
Anthony V. Bilotta, Jr, EVP and CBO, earned $690K in 2022, a 40% increase compared to previous year.
Kearny Financial Corp.'s fiscal year ends on June 30.
Related executives
You may also like
Source: SEC filing on September 16, 2022.