NORTHEAST BANCORP CEO Richard Wayne's 2018 pay falls 39% to $1M

NORTHEAST BANCORP reports 2018 executive compensation

By ExecPay News

Published: October 4, 2018

NORTHEAST BANCORP reported fiscal year 2018 executive compensation information on October 4, 2018.
In 2018, five executives at NORTHEAST BANCORP received on average a compensation package of $546K, a 29% decrease compared to previous year.
Average pay of disclosed executives at NORTHEAST BANCORP
Richard Wayne, Chief Executive Officer, received $1M in total, which decreased by 39% compared to 2017. 59% of Wayne's compensation, or $600K, was in salary. Wayne also received $400K in bonus and $15K in other compensation.
Patrick Dignan, Executive Vice President, received a compensation package of $717K, which decreased by 22% compared to previous year. 56% of the compensation package, or $400K, was in salary.
Julie Jenkins, Senior Vice President, Director of Operations, earned $357K in 2018, a 21% decrease compared to previous year.
Brian Pinheiro, Chief Risk Officer, received $346K in 2018, which decreases by 12% compared to 2017.
Jean-Pierre Lapointe, Chief Financial Officer, earned $294K in 2018.
NORTHEAST BANCORP's fiscal year ends on June 30.

Related executives

Richard Wayne

NORTHEAST BANCORP

Chief Executive Officer

Jean-Pierre Lapointe

NORTHEAST BANCORP

Chief Financial Officer

Brian Pinheiro

NORTHEAST BANCORP

Chief Risk Officer

Patrick Dignan

NORTHEAST BANCORP

Executive Vice President

Julie Jenkins

NORTHEAST BANCORP

Senior Vice President, Director of Operations

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Source: SEC filing on October 4, 2018.