SB Financial Group reports 2018 executive compensation

CEO Mark A. Klein receives $689.3K

SB Financial Group reported fiscal year 2018 executive compensation information on March 8, 2019.

In 2018, four executives at SB Financial Group received on average a compensation package of $384,870, a 22% decrease compared to previous year.

Average pay of disclosed executives at SB Financial Group

Mark A. Klein, Chief Executive Officer, received $689,254 in total, which decreased by 11% compared to 2017. 52.49% of Klein's compensation, or $361,789, was in salary. Klein also received $137,447 of change in pension value and nonqualified deferred compensation earnings, $100,580 in non-equity incentive plan, $63,360 in stock awards, as well as $26,078 in other compensation.

Anthony V. Cosentino, Chief Financial Officer, received a compensation package of $328,189, which decreased by 13% compared to previous year. 63.11% of the compensation package, or $207,129, was in salary.

Jonathan R. Gathman, Executive Vice President and Senior Lender of State Bank, earned $267,684 in 2018, a 18% decrease compared to previous year.

Ernesto Gaytan, Executive Vice President and Chief Technology Innovation & Operations Officer of State Bank, received $254,351 in 2018.