Luther Burbank Corp CEO Simone Lagomarsino's 2022 pay rises 2% to $2.2M
Luther Burbank Corp reports 2022 executive compensation
By ExecPay News
Published: September 8, 2023
Luther Burbank Corp reported fiscal year 2022 executive compensation information on September 8, 2023.
In 2022, three executives at Luther Burbank Corp received on average a compensation package of $1.3M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Luther Burbank Corp
Simone Lagomarsino, Chief Executive Officer, received $2.2M in total, which increased by 2% compared to 2021. 36% of Lagomarsino's compensation, or $800K, was in stock awards. Lagomarsino also received $600K in non-equity incentive plan, $792K in salary, as well as $35K in other compensation.
Laura Tarantino, Chief Financial Officer, received a compensation package of $912K, which decreased by 41% compared to previous year. 41% of the compensation package, or $374K, was in salary.
Tammy Mahoney, EVP, Chief Risk Officer, earned $852K in 2022, a 3% decrease compared to previous year.
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Source: SEC filing on September 8, 2023.