Riverview Bancorp CEO Patrick Sheaffer's 2009 pay slips 11% to $313K
Riverview Bancorp reports 2009 executive compensation
By ExecPay News
Published: June 19, 2009
Riverview Bancorp reported fiscal year 2009 executive compensation information on June 19, 2009.
In 2009, six executives at Riverview Bancorp received on average a compensation package of $206K, a 10% decrease compared to previous year.
Average pay of disclosed executives at Riverview Bancorp
Patrick Sheaffer, Chief Executive Officer, received $313K in total, which decreased by 11% compared to 2008. 84% of Sheaffer's compensation, or $264K, was in salary. Sheaffer also received $11K of change in pension value and nonqualified deferred compensation earnings and $38K in other compensation.
Ronald A. Wysaske, Chief Operating Officer, received a compensation package of $274K, which decreased by 14% compared to previous year. 84% of the compensation package, or $230K, was in salary.
John A. Karas, Chief Executive Officer, earned $190K in 2009, a 30% decrease compared to previous year.
David A. Dahlstrom, Executive Vice President and Chief Credit Officer, received $182K in 2009, which decreases by 13% compared to 2008.
James D. Baldovin, Executive Vice President of Retail Banking, earned $154K in 2009.
Kevin J. Lycklama, Chief Financial Officer, received $121K in 2009, which increases by 8% compared to 2008.
Riverview Bancorp's fiscal year ends on March 31.
Related executives
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
James Baldovin
Riverview Bancorp
Executive Vice President of Retail Banking
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Source: SEC filing on June 19, 2009.