PB Bancorp CEO Thomas Borner's 2018 pay falls 48% to $445K
PB Bancorp reports 2018 executive compensation
By ExecPay News
Published: October 1, 2018
PB Bancorp reported fiscal year 2018 executive compensation information on October 1, 2018.
In 2018, two PB Bancorp executives received on average a compensation package of $365K, a 44% decrease compared to previous year.
Thomas A. Borner, Chief Executive Officer, received $445K in total, which decreased by 48% compared to 2017. 80% of Borner's compensation, or $356K, was in salary. Borner also received $3.5K of change in pension value and nonqualified deferred compensation earnings, $54K in non-equity incentive plan, as well as $31K in other compensation.
Robert J. Halloran, Jr, Chief Financial Officer, received a compensation package of $286K, which decreased by 36% compared to previous year. 79% of the compensation package, or $226K, was in salary.
PB Bancorp's fiscal year ends on June 30.