QUAINT OAK BANCORP CEO Robert Strong's 2020 pay rises 14% to $509K
QUAINT OAK BANCORP reports 2020 executive compensation
By ExecPay News
Published: April 7, 2021
QUAINT OAK BANCORP reported fiscal year 2020 executive compensation information on April 7, 2021.
In 2020, three executives at QUAINT OAK BANCORP received on average a compensation package of $360K, a 13% increase compared to previous year.
Robert T. Strong, Chief Executive Officer, received $509K in total, which increased by 14% compared to 2019. 66% of Strong's compensation, or $334K, was in salary. Strong also received $162K in bonus and $13K in other compensation.
John J. Augustine, Chief Financial Officer, received a compensation package of $320K, which increased by 10% compared to previous year. 73% of the compensation package, or $234K, was in salary.
William R. Gonzalez, Senior Vice President, Business Development Quaint Oak Bank, earned $252K in 2020, a 12% increase compared to previous year.