Timberland Bancorp CEO Michael Sand's 2019 pay rises 9% to $502K
Timberland Bancorp reports 2019 executive compensation
By ExecPay News
Published: December 18, 2019
Timberland Bancorp reported fiscal year 2019 executive compensation information on December 18, 2019.
In 2019, three executives at Timberland Bancorp received on average a compensation package of $369K, a 6% increase compared to previous year.
Average pay of disclosed executives at Timberland Bancorp
Michael R. Sand, Chief Executive Officer, received $502K in total, which increased by 9% compared to 2018. 70% of Sand's compensation, or $352K, was in salary. Sand also received $121K in bonus and $29K in other compensation.
Dean J. Brydon, Chief Financial Officer, received a compensation package of $302K, which increased by 3% compared to previous year. 70% of the compensation package, or $210K, was in salary.
Robert A. Drugge, Executive Vice President of Lending of Timberland and Timberland Bank, earned $302K in 2019, a 3% increase compared to previous year.
Timberland Bancorp's fiscal year ends on September 30.
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Source: SEC filing on December 18, 2019.