QUAINT OAK BANCORP reports 2018 executive compensation
CEO Robert T. Strong receives $581.3K
QUAINT OAK BANCORP reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, three executives at QUAINT OAK BANCORP received on average a compensation package of $420,697, a 56% increase compared to previous year.
Average pay of disclosed executives at QUAINT OAK BANCORPRobert T. Strong, Chief Executive Officer, received $581,267 in total, which increased by 55% compared to 2017. 53.68% of Strong's compensation, or $312,000, was in salary. Strong also received $70,583 in bonus, $52,500 in option awards, $133,000 in stock awards, as well as $13,184 in other compensation.
John J. Augustine, Chief Financial Officer, received a compensation package of $399,016, which increased by 58% compared to previous year. 55.00% of the compensation package, or $219,450, was in salary.
William R. Gonzalez, Senior Vice President, Business Development Quaint Oak Bank, earned $281,808 in 2018, a 57% increase compared to previous year.