Riverview Bancorp CEO Kevin Lycklama's 2020 pay rises 15% to $719K

Riverview Bancorp reports 2020 executive compensation

By ExecPay News

Published: July 17, 2020

Riverview Bancorp reported fiscal year 2020 executive compensation information on July 17, 2020.
In 2020, five executives at Riverview Bancorp received on average a compensation package of $447K, a 11% increase compared to previous year.
Average pay of disclosed executives at Riverview Bancorp
Kevin J. Lycklama, Chief Executive Officer, received $719K in total, which increased by 15% compared to 2019. 48% of Lycklama's compensation, or $348K, was in salary. Lycklama also received $138K in non-equity incentive plan, $176K in stock awards, as well as $57K in other compensation.
For fiscal year 2020, the median employee pay was $55,034 at Riverview Bancorp. Therefore, the ratio of Kevin J. Lycklama's pay to the median employee pay was 13 to one.
Christopher P. Cline, Chief Executive Officer, received a compensation package of $466K, which increased by 30% compared to previous year. 61% of the compensation package, or $286K, was in salary.
Kim J. Capeloto, Executive Vice President and Chief Banking Officer, earned $407K in 2020, a 4% increase compared to previous year.
Daniel D. Cox, Executive Vice President and Chief Credit Officer, received $331K in 2020, which is about the same as previous year.
David Lam, Chief Financial Officer, earned $315K in 2020, a 5% increase compared to previous year.
Riverview Bancorp's fiscal year ends on March 31.

Related executives

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

Kevin Lycklama

Riverview Bancorp

Chief Executive Officer

Christopher Cline

Riverview Bancorp

Chief Executive Officer

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Source: SEC filing on July 17, 2020.