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.
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.