PARTNERS BANCORP CEO Lloyd Harrison's 2020 pay falls 35% to $442K
PARTNERS BANCORP reports 2020 executive compensation
By ExecPay News
Published: April 7, 2021
PARTNERS BANCORP reported fiscal year 2020 executive compensation information on April 7, 2021.
In 2020, three executives at PARTNERS BANCORP received on average a compensation package of $356K, a 65% decrease compared to previous year.
Lloyd B. Harrison, III, Chief Executive Officer, received $442K in total, which decreased by 35% compared to 2019. 71% of Harrison's compensation, or $316K, was in salary. Harrison also received $32K in bonus, $56K in non-equity incentive plan, as well as $37K in other compensation.
John W. Breda, Chief Executive Officer, received a compensation package of $359K, which decreased by 74% compared to previous year. 84% of the compensation package, or $303K, was in salary.
J. Adam Sothen, Chief Financial Officer, earned $269K in 2020.