Territorial Bancorp CEO Allan Kitagawa's 2018 pay slips 2% to $1.8M
Territorial Bancorp reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Territorial Bancorp reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, three executives at Territorial Bancorp received on average a compensation package of $1.2M, a 1% increase compared to previous year.
Average pay of disclosed executives at Territorial Bancorp
Allan S. Kitagawa, Chief Executive Officer, received $1.8M in total, which decreased by 2% compared to 2017. 47% of Kitagawa's compensation, or $851K, was in salary. Kitagawa also received $509K in non-equity incentive plan, $309K in stock awards, as well as $157K in other compensation.
Ralph Y. Nakatsuka, Chief Operating Officer, received a compensation package of $925K, which increased by 7% compared to previous year. 36% of the compensation package, or $337K, was in salary.
Vernon Hirata, Chief Operating Officer, earned $836K in 2018, a 1% increase compared to previous year.
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Source: SEC filing on April 16, 2019.