Luther Burbank Corp reports 2018 executive compensation

CEO John G. Biggs receives $1.4M

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 $1,155,901, a 56% decrease compared to previous year.

Average pay of disclosed executives at Luther Burbank Corp

John G. Biggs, Chief Executive Officer, received $1,408,004 in total, which decreased by 72% compared to 2017. 55.75% of Biggs' compensation, or $785,000, was in salary. Biggs also received $588,750 in non-equity incentive plan and $34,254 in other compensation.

Laura Tarantino, Chief Financial Officer, received a compensation package of $1,115,976, which decreased by 27% compared to previous year. 32.03% of the compensation package, or $357,500, was in salary.

Liana Prieto, General Counsel, earned $943,722 in 2018, a 28% decrease compared to previous year.