Norwood Financial CEO James Donnelly's 2023 pay jumps 46% to $816K
Norwood Financial reports 2023 executive compensation
By ExecPay News
Published: March 15, 2024
Norwood Financial reported fiscal year 2023 executive compensation information on March 15, 2024.
In 2023, three executives at Norwood Financial received on average a compensation package of $546K, a 2% increase compared to previous year.
Average pay of disclosed executives at Norwood Financial
James O. Donnelly, Chief Executive Officer, received $816K in total, which increased by 46% compared to 2022. 59% of Donnelly's compensation, or $478K, was in salary. Donnelly also received $115K in bonus, $191K in stock awards, as well as $32K in other compensation.
William S. Lance, Chief Financial Officer, received a compensation package of $468K, which decreased by 2% compared to previous year. 64% of the compensation package, or $300K, was in salary.
Vincent G. O'Bell, Chief Lending Officer, earned $355K in 2023.
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Source: SEC filing on March 15, 2024.