LAKE SHORE BANCORP CEO David Mancuso's 2009 pay falls 44% to $369K

LAKE SHORE BANCORP reports 2009 executive compensation

By ExecPay News

Published: April 7, 2010

LAKE SHORE BANCORP reported fiscal year 2009 executive compensation information on April 7, 2010.
In 2009, two executives at LAKE SHORE BANCORP received on average a compensation package of $297K, a 1% decrease compared to previous year.
Average pay of disclosed executives at LAKE SHORE BANCORP
David C. Mancuso, Chief Executive Officer, received $369K in total, which decreased by 44% compared to 2008. 72% of Mancuso's compensation, or $266K, was in salary. Mancuso also received $60K in non-equity incentive plan and $43K in other compensation.
Rachel A. Foley, Chief Financial Officer, received a compensation package of $224K, which increased by 44% compared to previous year. 58% of the compensation package, or $130K, was in salary.

Related executives

David Mancuso

LAKE SHORE BANCORP

Chief Executive Officer

Rachel Foley

LAKE SHORE BANCORP

Chief Financial Officer

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Source: SEC filing on April 7, 2010.