WVS Financial CEO David Bursic's 2019 pay rises 15% to $521K
WVS Financial reports 2019 executive compensation
By ExecPay News
Published: September 19, 2019
WVS Financial reported fiscal year 2019 executive compensation information on September 19, 2019.
In 2019, three executives at WVS Financial received on average a compensation package of $268K, a 13% increase compared to previous year.
Average pay of disclosed executives at WVS Financial
David J. Bursic, Chief Executive Officer, received $521K in total, which increased by 15% compared to 2018. 73% of Bursic's compensation, or $380K, was in salary. Bursic also received $75K in bonus and $66K in other compensation.
Michael R. Rutan, Secretary, received a compensation package of $173K, which increased by 10% compared to previous year. 80% of the compensation package, or $138K, was in salary.
Linda K. Butia, Chief Accounting Officer, earned $110K in 2019, a 7% increase compared to previous year.
WVS Financial's fiscal year ends on June 30.
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Source: SEC filing on September 19, 2019.