Malvern Bancorp CEO Anthony Weagley's 2020 pay jumps 35% to $996K
Malvern Bancorp reports 2020 executive compensation
By ExecPay News
Published: January 29, 2021
Malvern Bancorp reported fiscal year 2020 executive compensation information on January 29, 2021.
In 2020, three executives at Malvern Bancorp received on average a compensation package of $555K, a 12% increase compared to previous year.
Average pay of disclosed executives at Malvern Bancorp
Anthony C. Weagley, Chief Executive Officer, received $996K in total, which increased by 35% compared to 2019. 53% of Weagley's compensation, or $527K, was in salary. Weagley also received $109K in bonus, $296K in stock awards, as well as $65K in other compensation.
William S. Boylan, Executive Vice President and Chief Lending Officer of Malvern Bancorp and the Bank, received a compensation package of $350K, which decreased by 23% compared to previous year. 69% of the compensation package, or $241K, was in salary.
Joseph D. Gangemi, Chief Financial Officer, earned $318K in 2020, a 8% increase compared to previous year.
Malvern Bancorp's fiscal year ends on September 30.
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Source: SEC filing on January 29, 2021.