Riverview Bancorp CEO Kevin Lycklama's 2021 pay rises 16% to $835K
Riverview Bancorp reports 2021 executive compensation
By ExecPay News
Published: July 16, 2021
Riverview Bancorp reported fiscal year 2021 executive compensation information on July 16, 2021.
In 2021, three executives at Riverview Bancorp received on average a compensation package of $538K, a 20% increase compared to previous year.
Average pay of disclosed executives at Riverview Bancorp
Kevin J. Lycklama, Chief Executive Officer, received $835K in total, which increased by 16% compared to 2020. 44% of Lycklama's compensation, or $369K, was in salary. Lycklama also received $49 of change in pension value and nonqualified deferred compensation earnings, $267K in non-equity incentive plan, $151K in stock awards, as well as $49K in other compensation.
Kim J. Capeloto, Executive Vice President and Chief Banking Officer, received a compensation package of $467K, which increased by 15% compared to previous year. 55% of the compensation package, or $257K, was in salary.
Christopher P. Cline, Chief Executive Officer, earned $313K in 2021, a 33% decrease compared to previous year.
Riverview Bancorp's fiscal year ends on March 31.
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Source: SEC filing on July 16, 2021.