Mark L. Abbate
2018
In 2018, Mark L. Abbate earned a total compensation of $400.9K as Executive Vice President, Treasurer and Chief Financial Officer at Meridian Bancorp, a 29% decrease compared to previous year.
Compensation breakdown
| Bonus | $91,405 |
|---|---|
| Salary | $276,986 |
| Other | $32,498 |
| Total | $400,889 |
Abbate received $277K in salary, accounting for 69% of the total pay in 2018.
Abbate also received $91.4K in bonus and $32.5K in other compensation.
Rankings
In 2018, Mark L. Abbate's compensation ranked 12,529th out of 14,244 executives tracked by ExecPay. In other words, Abbate earned more than 12.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,529 out of 14,244 | 12th |
Division Finance, Insurance, And Real Estate | 2,506 out of 2,986 | 16th |
Major group Depository Institutions | 990 out of 1,311 | 25th |
Industry group Commercial Banks | 856 out of 1,067 | 20th |
Industry National Commercial Banks | 301 out of 347 | 13th |
Pay ratio
| Mark L. Abbate's Pay | $400,889 |
|---|---|
| Median Employee's Pay | $74,356 |
| Pay Ratio | 5to 1 |
In 2018, the annual total compensation of Mark L. Abbate was $400,889.
The annual total compensation of the median employee at Meridian Bancorp was $74,356.
The ratio of Mark L. Abbate's pay to the pay of median employee was therefore 5 to one.
Source: SEC filing on April 10, 2019.
Abbate's colleagues
We found four more compensation records of executives who worked with Mark L. Abbate at Meridian Bancorp in 2018.
2018
Richard Gavegnano
Meridian Bancorp
Chief Executive Officer
2018
John Migliozzi
Meridian Bancorp
Executive Vice President, Real Estate Lending
2018
Frank Romano
Meridian Bancorp
Executive Vice President, Corporate Banking
2018
Edward Merritt
Meridian Bancorp