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.

Related executives

Kevin Lycklama

Riverview Bancorp

Chief Executive Officer

Christopher Cline

Riverview Bancorp

Chief Executive Officer

Kim Capeloto

Riverview Bancorp

Executive Vice President and Chief Banking Officer

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Source: SEC filing on July 16, 2021.