MB Bancorp CEO Philip Phillips' 2018 pay slips 5% to $284K
MB Bancorp reports 2018 executive compensation
By ExecPay News
Published: April 22, 2019
MB Bancorp reported fiscal year 2018 executive compensation information on April 22, 2019.
In 2018, three MB Bancorp executives received on average a compensation package of $223K, a 6% increase compared to previous year.
Philip P. Phillips, Chief Executive Officer, received $284K in total, which decreased by 5% compared to 2017. 65% of Phillips' compensation, or $185K, was in salary. Phillips also received $8K in bonus, $69K in stock awards, as well as $22K in other compensation.
John M. Wright, Chief Financial Officer, received a compensation package of $278K, which decreased by 6% compared to previous year. 65% of the compensation package, or $180K, was in salary.
Lisa McGuire-Dick, Secretary, earned $107K in 2018, a 15% decrease compared to previous year.