Valley National Bancorp CEO Ira Robbins' 2018 pay rises 19% to $3.2M
Valley National Bancorp reports 2018 executive compensation
Published: March 8, 2019
Valley National Bancorp reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, five executives at Valley National Bancorp received on average a compensation package of $1.9M, a 6% decrease compared to previous year.Average pay of disclosed executives at Valley National Bancorp
Ira Robbins, Chief Executive Officer, received $3.2M in total, which increased by 19% compared to 2017. 46.11% of Robbins' compensation, or $1.5M, was in stock awards. Robbins also received $660K in non-equity incentive plan, $850K in salary, as well as $206.4K in other compensation.
For fiscal year 2018, the median employee pay was $52,936 at Valley National Bancorp. Therefore, the ratio of Ira Robbins' pay to the median employee pay was 60 to one.
Thomas A. Iadanza, Senior EVP and Chief Banking Officer, received a compensation package of $1.8M. 43.16% of the compensation package, or $783.2K, was in stock awards.
Alan D. Eskow, Chief Financial Officer, earned $1.6M in 2018, a 2% decrease compared to previous year.
Ronald H. Janis, General Counsel, received $1.5M in 2018, which decreases by 6% compared to 2017.
Robert J. Bardusch, Chief Operating Officer, earned $1.2M in 2018.