Riverview Bancorp CEO Patrick Sheaffer's 2008 pay slips 11% to $350K
Riverview Bancorp reports 2008 executive compensation
By ExecPay News
Published: June 20, 2008
Riverview Bancorp reported fiscal year 2008 executive compensation information on June 20, 2008.
In 2008, six executives at Riverview Bancorp received on average a compensation package of $228K, a 11% decrease compared to previous year.
Average pay of disclosed executives at Riverview Bancorp
Patrick Sheaffer, Chief Executive Officer, received $350K in total, which decreased by 11% compared to 2007. 71% of Sheaffer's compensation, or $250K, was in salary. Sheaffer also received $9K of change in pension value and nonqualified deferred compensation earnings, $48K in non-equity incentive plan, as well as $43K in other compensation.
Ronald A. Wysaske, Chief Operating Officer, received a compensation package of $318K, which decreased by 16% compared to previous year. 69% of the compensation package, or $219K, was in salary.
John A. Karas, Chief Executive Officer, earned $273K in 2008, a 5% decrease compared to previous year.
David A. Dahlstrom, Executive Vice President and Chief Credit Officer, received $208K in 2008, which decreases by 7% compared to 2007.
Kevin J. Lycklama, Chief Financial Officer, earned $113K in 2008, a 32% increase compared to previous year.
Ronald L. Dobyns, Chief Financial Officer, received $109K in 2008, which decreases by 38% compared to 2007.
Riverview Bancorp's fiscal year ends on March 31.
Related executives
Ronald Dobyns
Riverview Bancorp
Chief Financial Officer
Patrick Sheaffer
Riverview Bancorp
Chairman
Ronald Wysaske
Riverview Bancorp
Chief Operating Officer
John Karas
Riverview Bancorp
Chief Executive Officer
David Dahlstrom
Riverview Bancorp
Executive Vice President and Chief Credit Officer
Kevin Lycklama
Riverview Bancorp
Chief Executive Officer
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Source: SEC filing on June 20, 2008.