QUAINT OAK BANCORP CEO Robert Strong's 2018 pay jumps 55% to $581K
QUAINT OAK BANCORP reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
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 $421K, a 56% increase compared to previous year.
Robert T. Strong, Chief Executive Officer, received $581K in total, which increased by 55% compared to 2017. 54% of Strong's compensation, or $312K, was in salary. Strong also received $71K in bonus, $53K in option awards, $133K in stock awards, as well as $13K in other compensation.
John J. Augustine, Chief Financial Officer, received a compensation package of $399K, which increased by 58% compared to previous year. 55% of the compensation package, or $219K, was in salary.
William R. Gonzalez, Senior Vice President, Business Development Quaint Oak Bank, earned $282K in 2018, a 57% increase compared to previous year.