Oak Valley Bancorp CEO Christopher Courtney's 2018 pay rises 19% to $746K

Oak Valley Bancorp reports 2018 executive compensation

By ExecPay News

Published: April 30, 2019

Oak Valley Bancorp reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, five executives at Oak Valley Bancorp received on average a compensation package of $472K, a 16% increase compared to previous year.
Average pay of disclosed executives at Oak Valley Bancorp
Christopher M. Courtney, Chief Executive Officer, received $746K in total, which increased by 19% compared to 2017. 47% of Courtney's compensation, or $349K, was in salary. Courtney also received $184K in bonus, $116K of change in pension value and nonqualified deferred compensation earnings, $53K in stock awards, as well as $45K in other compensation.
For fiscal year 2018, the median employee pay was $50,216 at Oak Valley Bancorp. Therefore, the ratio of Christopher M. Courtney's pay to the median employee pay was 15 to one.
Richard A. McCarty, Chief Operating Officer, received a compensation package of $514K, which increased by 15% compared to previous year. 47% of the compensation package, or $242K, was in salary.
David S. Harvey, Executive Vice President Commercial Lending, earned $436K in 2018, a 10% increase compared to previous year.
Michael J. Rodrigues, Executive Vice President Chief Credit Officer, received $366K in 2018, which increases by 12% compared to 2017.
Jeffrey A. Gall, Chief Financial Officer, earned $298K in 2018, a 31% increase compared to previous year.

Related executives

Christopher Courtney

Oak Valley Bancorp

Chief Executive Officer

Richard McCarty

Oak Valley Bancorp

Chief Operating Officer

David Harvey

Oak Valley Bancorp

Executive Vice President Commercial Lending

Michael Rodrigues

Oak Valley Bancorp

Executive Vice President Chief Credit Officer

Jeffrey Gall

Oak Valley Bancorp

Chief Financial Officer

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Source: SEC filing on April 30, 2019.