QUAINT OAK BANCORP CEO Robert Strong's 2021 pay rises 20% to $610K
QUAINT OAK BANCORP reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
QUAINT OAK BANCORP reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, three executives at QUAINT OAK BANCORP received on average a compensation package of $432K, a 20% increase compared to previous year.
Robert T. Strong, Chief Executive Officer, received $610K in total, which increased by 20% compared to 2020. 56% of Strong's compensation, or $344K, was in salary. Strong also received $250K in bonus and $16K in other compensation.
John J. Augustine, Chief Financial Officer, received a compensation package of $383K, which increased by 20% compared to previous year. 63% of the compensation package, or $241K, was in salary.
William R. Gonzalez, Senior Vice President, Business Development Quaint Oak Bank, earned $302K in 2021, a 20% increase compared to previous year.