Oconee Federal Financial CEO Curtis Evatt's 2020 pay rises 6% to $347K
Oconee Federal Financial reports 2020 executive compensation
By ExecPay News
Published: October 9, 2020
Oconee Federal Financial reported fiscal year 2020 executive compensation information on October 9, 2020.
In 2020, four executives at Oconee Federal Financial received on average a compensation package of $246K, a 10% increase compared to previous year.
Average pay of disclosed executives at Oconee Federal Financial
Curtis T. Evatt, Chief Executive Officer, received $347K in total, which increased by 6% compared to 2019. 75% of Evatt's compensation, or $260K, was in salary. Evatt also received $13K in bonus and $75K in other compensation.
C. Todd Latiff, Executive Vice President and Chief Banking Officer, received a compensation package of $253K, which increased by 8% compared to previous year. 80% of the compensation package, or $202K, was in salary.
David H. Stafford, Executive Vice President and Chief Operations Officer, earned $207K in 2020, a 15% increase compared to previous year.
John W. Hobbs, Chief Financial Officer, received $179K in 2020, which increases by 13% compared to 2019.
Oconee Federal Financial's fiscal year ends on June 30.
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Source: SEC filing on October 9, 2020.