Michael J. Gormley
2007
In 2007, Michael J. Gormley earned a total compensation of $244.6K as Senior Vice President, Chief Operating Officer and Chief Financial Officer at Two River Bancorp, a 9% increase compared to previous year.
Compensation breakdown
| Bonus | $36,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $21,002 |
| Salary | $175,000 |
| Other | $12,597 |
| Total | $244,599 |
Gormley received $175K in salary, accounting for 72% of the total pay in 2007.
Gormley also received $36K in bonus, $21K of change in pension value and nonqualified deferred compensation earnings and $12.6K in other compensation.
Rankings
In 2007, Michael J. Gormley's compensation ranked 7,810th out of 8,700 executives tracked by ExecPay. In other words, Gormley earned more than 10.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,810 out of 8,700 | 10th |
Division Finance, Insurance, And Real Estate | 1,606 out of 1,930 | 17th |
Major group Depository Institutions | 693 out of 931 | 26th |
Industry group Commercial Banks | 601 out of 793 | 24th |
Industry State Commercial Banks | 346 out of 466 | 26th |
Source: SEC filing on April 18, 2008.
Gormley's colleagues
We found two more compensation records of executives who worked with Michael J. Gormley at Two River Bancorp in 2007.