Peter Crocitto
2008
In 2008, Peter Crocitto earned a total compensation of $977.8K as Executive Vice President and Chief Operating Officer at Valley National Bancorp, a 10% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $132,223 |
|---|---|
| Non-Equity Incentive Plan | $195,000 |
| Option Awards | $65,232 |
| Salary | $370,000 |
| Stock Awards | $185,661 |
| Other | $29,678 |
| Total | $977,794 |
Crocitto received $370K in salary, accounting for 38% of the total pay in 2008.
Crocitto also received $132.2K of change in pension value and nonqualified deferred compensation earnings, $195K in non-equity incentive plan, $65.2K in option awards, $185.7K in stock awards and $29.7K in other compensation.
Rankings
In 2008, Peter Crocitto's compensation ranked 4,472nd out of 9,135 executives tracked by ExecPay. In other words, Crocitto earned more than 51.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,472 out of 9,135 | 51st |
Division Finance, Insurance, And Real Estate | 855 out of 2,034 | 58th |
Major group Depository Institutions | 197 out of 943 | 79th |
Industry group Commercial Banks | 166 out of 802 | 79th |
Industry National Commercial Banks | 101 out of 316 | 68th |
Source: SEC filing on March 5, 2009.
Crocitto's colleagues
We found four more compensation records of executives who worked with Peter Crocitto at Valley National Bancorp in 2008.