Oconee Federal Financial CEO T Evatt's 2012 pay jumps 176% to $719K
Oconee Federal Financial reports 2012 executive compensation
By ExecPay News
Published: October 12, 2012
Oconee Federal Financial reported fiscal year 2012 executive compensation information on October 12, 2012.
In 2012, three executives at Oconee Federal Financial received on average a compensation package of $487K, a 194% increase compared to previous year.
Average pay of disclosed executives at Oconee Federal Financial
T. Rhett Evatt, Chief Executive Officer, received $719K in total, which increased by 176% compared to 2011. 50% of Evatt's compensation, or $360K, was in stock awards. Evatt also received $9.3K in bonus, $78K in option awards, $189K in salary, as well as $82K in other compensation.
Curtis T. Evatt, Chief Financial Officer, received a compensation package of $542K, which increased by 296% compared to previous year. 53% of the compensation package, or $288K, was in stock awards.
Nancy M. Carter, Senior Vice President and Assistant Treasurer, earned $201K in 2012, a 101% increase compared to previous year.
Oconee Federal Financial's fiscal year ends on June 30.
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Source: SEC filing on October 12, 2012.