Luther Burbank Corp CEO John Biggs' 2018 pay falls 72% to $1.4M
Luther Burbank Corp reports 2018 executive compensation
By ExecPay News
Published: March 11, 2019
Luther Burbank Corp reported fiscal year 2018 executive compensation information on March 11, 2019.
In 2018, three executives at Luther Burbank Corp received on average a compensation package of $1.2M, a 56% decrease compared to previous year.
John G. Biggs, Chief Executive Officer, received $1.4M in total, which decreased by 72% compared to 2017. 56% of Biggs' compensation, or $785K, was in salary. Biggs also received $589K in non-equity incentive plan and $34K in other compensation.
Laura Tarantino, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 27% compared to previous year. 32% of the compensation package, or $358K, was in salary.
Liana Prieto, General Counsel, earned $944K in 2018, a 28% decrease compared to previous year.