Riverview Bancorp CEO Kevin Lycklama's 2019 pay jumps 39% to $627K

Riverview Bancorp reports 2019 executive compensation

By ExecPay News

Published: June 14, 2019

Riverview Bancorp reported fiscal year 2019 executive compensation information on June 14, 2019.
In 2019, five executives at Riverview Bancorp received on average a compensation package of $401K, a 11% increase compared to previous year.
Average pay of disclosed executives at Riverview Bancorp
Kevin J. Lycklama, Chief Executive Officer, received $627K in total, which increased by 39% compared to 2018. 52% of Lycklama's compensation, or $326K, was in salary. Lycklama also received $240K in non-equity incentive plan and $61K in other compensation.
For fiscal year 2019, the median employee pay was $52,363 at Riverview Bancorp. Therefore, the ratio of Kevin J. Lycklama's pay to the median employee pay was 12 to one.
Kim J. Capeloto, Executive Vice President and Chief Banking Officer, received a compensation package of $390K, which decreased by 6% compared to previous year. 66% of the compensation package, or $257K, was in salary.
Christopher P. Cline, Chief Executive Officer, earned $358K in 2019, a 3% decrease compared to previous year.
Daniel D. Cox, Executive Vice President and Chief Credit Officer, received $330K in 2019, which increases by 15% compared to 2018.
David Lam, Chief Financial Officer, earned $301K in 2019, a 16% increase compared to previous year.
Riverview Bancorp's fiscal year ends on March 31.

Related executives

Kevin Lycklama

Riverview Bancorp

Chief Executive Officer

Christopher Cline

Riverview Bancorp

Chief Executive Officer

David Lam

Riverview Bancorp

Chief Financial Officer

Kim Capeloto

Riverview Bancorp

Executive Vice President and Chief Banking Officer

Daniel Cox

Riverview Bancorp

Executive Vice President and Chief Credit Officer

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Source: SEC filing on June 14, 2019.