Luther Burbank Corp CEO Simone Lagomarsino receives $2.6M in 2019
Luther Burbank Corp reports 2019 executive compensation
By ExecPay News
Published: March 18, 2020
Luther Burbank Corp reported fiscal year 2019 executive compensation information on March 18, 2020.
In 2019, three executives at Luther Burbank Corp received on average a compensation package of $1.5M, a 32% increase compared to previous year.
Simone Lagomarsino, Chief Executive Officer, received $2.6M in total. 38% of Lagomarsino's compensation, or $1M, was in stock awards. Lagomarsino also received $875K in non-equity incentive plan, $700K in salary, as well as $30K in other compensation.
Laura Tarantino, Chief Financial Officer, received a compensation package of $1M, which decreased by 6% compared to previous year. 34% of the compensation package, or $358K, was in salary.
Liana Prieto, General Counsel, earned $917K in 2019, a 3% decrease compared to previous year.