Allen J. Miles, III
2023
In 2023, Allen J. Miles, III earned a total compensation of $597.9K as EVP and Chief Lending Officer at Westfield Financial, a 7% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $84,061 |
|---|---|
| Salary | $363,902 |
| Stock Awards | $91,562 |
| Other | $58,338 |
| Total | $597,863 |
Miles received $363.9K in salary, accounting for 61% of the total pay in 2023.
Miles also received $84.1K in non-equity incentive plan, $91.6K in stock awards and $58.3K in other compensation.
Rankings
In 2023, Allen J. Miles, III's compensation ranked 1,832nd out of 3,006 executives tracked by ExecPay. In other words, Miles earned more than 39.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,832 out of 3,006 | 39th |
Division Finance, Insurance, And Real Estate | 210 out of 429 | 51st |
Major group Depository Institutions | 107 out of 256 | 58th |
Industry group Savings Institutions | 35 out of 106 | 67th |
Industry Savings Institutions, Federally Chartered | 17 out of 54 | 69th |
Pay ratio
| Allen J. Miles, III's Pay | $597,863 |
|---|---|
| Median Employee's Pay | $53,143 |
| Pay Ratio | 11to 1 |
In 2023, the annual total compensation of Allen J. Miles, III was $597,863.
The annual total compensation of the median employee at Westfield Financial was $53,143.
The ratio of Allen J. Miles, III's pay to the pay of median employee was therefore 11 to one.
Source: SEC filing on March 29, 2024.
Miles' colleagues
We found two more compensation records of executives who worked with Allen J. Miles, III at Westfield Financial in 2023.