NORTHEAST BANCORP CEO James Delamater's 2010 pay slips 2% to $330K
NORTHEAST BANCORP reports 2010 executive compensation
By ExecPay News
Published: October 18, 2010
NORTHEAST BANCORP reported fiscal year 2010 executive compensation information on October 18, 2010.
In 2010, three executives at NORTHEAST BANCORP received on average a compensation package of $244K, a 2% increase compared to previous year.
Average pay of disclosed executives at NORTHEAST BANCORP
James Delamater, Chief Executive Officer, received $330K in total, which decreased by 2% compared to 2009. 82% of Delamater's compensation, or $270K, was in salary. Delamater also received $47K of change in pension value and nonqualified deferred compensation earnings and $12K in other compensation.
Pender J. Lazenby, Chief Risk Officer, received a compensation package of $211K, which increased by 6% compared to previous year. 74% of the compensation package, or $156K, was in salary.
Robert S. Johnson, Chief Financial Officer, earned $192K in 2010, a 6% increase compared to previous year.
NORTHEAST BANCORP's fiscal year ends on June 30.
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Source: SEC filing on October 18, 2010.