Timberland Bancorp CEO Michael Sand's 2021 pay stays at $685K
Timberland Bancorp reports 2021 executive compensation
By ExecPay News
Published: December 17, 2021
Timberland Bancorp reported fiscal year 2021 executive compensation information on December 17, 2021.
In 2021, three executives at Timberland Bancorp received on average a compensation package of $453K, a 3% increase compared to previous year.
Average pay of disclosed executives at Timberland Bancorp
Michael R. Sand, Chief Executive Officer, received $685K in total, which is about the same as previous year. 66% of Sand's compensation, or $451K, was in salary. Sand also received $180K in bonus, $31K in option awards, as well as $22K in other compensation.
Dean J. Brydon, Chief Financial Officer, received a compensation package of $338K, which increased by 7% compared to previous year. 69% of the compensation package, or $234K, was in salary.
Robert A. Drugge, Executive Vice President of Lending of Timberland and Timberland Bank, earned $337K in 2021, a 7% increase compared to previous year.
Timberland Bancorp's fiscal year ends on September 30.
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Source: SEC filing on December 17, 2021.