Penns Woods Bancorp CEO Ronald Walko's 2008 pay rises 10% to $524K
Penns Woods Bancorp reports 2008 executive compensation
By ExecPay News
Published: March 22, 2011
Penns Woods Bancorp reported fiscal year 2008 executive compensation information on March 22, 2011.
In 2008, three executives at Penns Woods Bancorp received on average a compensation package of $279K, a 15% increase compared to previous year.
Average pay of disclosed executives at Penns Woods Bancorp
Ronald A. Walko, Chief Executive Officer, received $524K in total, which increased by 10% compared to 2007. 52% of Walko's compensation, or $274K, was in salary. Walko also received $68K in bonus, $173K of change in pension value and nonqualified deferred compensation earnings, as well as $8.9K in other compensation.
William H. Rockey, Former Senior Vice President, received a compensation package of $200K, which increased by 6% compared to previous year. 69% of the compensation package, or $139K, was in salary.
Brian L. Knepp, Chief Financial Officer, earned $113K in 2008, a 12% increase compared to previous year.
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Source: SEC filing on March 22, 2011.