Provident Financial Holdings CFO Donavon Ternes' 2010 pay jumps 377% to $2M

Provident Financial Holdings reports 2010 executive compensation

By ExecPay News

Published: October 28, 2010

Provident Financial Holdings reported fiscal year 2010 executive compensation information on October 28, 2010.
In 2010, three executives at Provident Financial Holdings received on average a compensation package of $961K, a 106% increase compared to previous year.
Average pay of disclosed executives at Provident Financial Holdings
Donavon P. Ternes, Chief Financial Officer, received $2M in total, which increased by 377% compared to 2009. 88% of Ternes' compensation, or $1.8M, was of change in pension value and nonqualified deferred compensation earnings. Ternes also received $221K in salary and $16K in other compensation.
Craig G. Blunden, Chief Executive Officer, received a compensation package of $699K, which increased by 8% compared to previous year. 55% of the compensation package, or $385K, was in salary.
Kathryn R. Gonzales, Senior Vice President Retail Banking, earned $190K in 2010, a 42% decrease compared to previous year.
Provident Financial Holdings' fiscal year ends on June 30.

Related executives

Craig Blunden

Provident Financial Holdings

Chief Executive Officer

Donavon Ternes

Provident Financial Holdings

Chief Financial Officer

Kathryn Gonzales

Provident Financial Holdings

Senior Vice President Retail Banking

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Source: SEC filing on October 28, 2010.