PROVIDENT FINANCIAL HOLDINGS reports 2018 executive compensation

CFO Donavon P. Ternes receives $527.4K

PROVIDENT FINANCIAL HOLDINGS reported fiscal year 2018 executive compensation information on October 25, 2018.

In 2018, five executives at PROVIDENT FINANCIAL HOLDINGS received on average a compensation package of $352,293, a 6% decrease compared to previous year.

Average pay of disclosed executives at PROVIDENT FINANCIAL HOLDINGS

Donavon P. Ternes, Chief Financial Officer, received $527,399 in total, which increased by 48% compared to 2017. 64.20% of Ternes' compensation, or $338,591, was in salary. Ternes also received $159,743 of change in pension value and nonqualified deferred compensation earnings and $29,065 in other compensation.

Craig G. Blunden, Chief Executive Officer, received a compensation package of $522,465, which increased by 7% compared to previous year. 94.45% of the compensation package, or $493,463, was in salary.

David S. Weiant, Senior Vice President Chief Lending Officer, earned $275,819 in 2018, a 14% increase compared to previous year.

Gwendolyn L. Wertz, Senior Vice President Retail Banking, received $231,900 in 2018, which increases by 3% compared to 2017.

Robert "Scott" Ritter, Senior Vice President Mortgage Banking, earned $203,880 in 2018, a 64% decrease compared to previous year.

PROVIDENT FINANCIAL HOLDINGS' fiscal year ends on June 30.