Mark L. Abbate
2019
In 2019, Mark L. Abbate earned a total compensation of $420.2K as Executive Vice President, Treasurer and Chief Financial Officer at Meridian Bancorp, a 5% increase compared to previous year.
Compensation breakdown
| Bonus | $103,081 |
|---|---|
| Salary | $286,335 |
| Other | $30,761 |
| Total | $420,177 |
Abbate received $286.3K in salary, accounting for 68% of the total pay in 2019.
Abbate also received $103.1K in bonus and $30.8K in other compensation.
Rankings
In 2019, Mark L. Abbate's compensation ranked 12,226th out of 13,971 executives tracked by ExecPay. In other words, Abbate earned more than 12.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,226 out of 13,971 | 13th |
Division Finance, Insurance, And Real Estate | 2,471 out of 2,894 | 15th |
Major group Depository Institutions | 953 out of 1,219 | 22nd |
Industry group Commercial Banks | 827 out of 1,007 | 18th |
Industry National Commercial Banks | 318 out of 369 | 14th |
Pay ratio
| Mark L. Abbate's Pay | $420,177 |
|---|---|
| Median Employee's Pay | $57,094 |
| Pay Ratio | 7to 1 |
In 2019, the annual total compensation of Mark L. Abbate was $420,177.
The annual total compensation of the median employee at Meridian Bancorp was $57,094.
The ratio of Mark L. Abbate's pay to the pay of median employee was therefore 7 to one.
Source: SEC filing on May 8, 2020.
Abbate's colleagues
We found four more compensation records of executives who worked with Mark L. Abbate at Meridian Bancorp in 2019.
2019
Richard Gavegnano
Meridian Bancorp
Chief Executive Officer
2019
John Migliozzi
Meridian Bancorp
Executive Vice President, Real Estate Lending
2019
Frank Romano
Meridian Bancorp
Executive Vice President, Corporate Banking
2019
Edward Merritt
Meridian Bancorp