Riverview Bancorp CEO Kevin Lycklama's 2022 pay rises 14% to $950K
Riverview Bancorp reports 2022 executive compensation
By ExecPay News
Published: July 15, 2022
Riverview Bancorp reported fiscal year 2022 executive compensation information on July 15, 2022.
In 2022, four executives at Riverview Bancorp received on average a compensation package of $582K, a 8% increase compared to previous year.
Kevin J. Lycklama, Chief Executive Officer, received $950K in total, which increased by 14% compared to 2021. 41% of Lycklama's compensation, or $386K, was in salary. Lycklama also received $747 of change in pension value and nonqualified deferred compensation earnings, $361K in non-equity incentive plan, $143K in stock awards, as well as $59K in other compensation.
Kim J. Capeloto, Former Executive Vice President and Chief Banking Officer, received a compensation package of $608K, which increased by 30% compared to previous year. 61% of the compensation package, or $372K, was in other compensation.
David Lam, Chief Financial Officer, earned $432K in 2022.
Christopher P. Cline, Chief Executive Officer, received $340K in 2022, which increases by 9% compared to 2021.
Riverview Bancorp's fiscal year ends on March 31.