Richard J. Gavegnano

2018

In 2018, Richard J. Gavegnano earned a total compensation of $1.7M as Chairman of the Board, President and Chief Executive Officer at Meridian Bancorp, a 55% decrease compared to previous year.

Compensation breakdown

Bonus$353,210
Change in Pension Value and Nonqualified Deferred Compensation Earnings$380,246
Salary$845,000
Other$86,010
Total$1,664,466

Gavegnano received $845K in salary, accounting for 51% of the total pay in 2018.

Gavegnano also received $353.2K in bonus, $380.2K of change in pension value and nonqualified deferred compensation earnings and $86K in other compensation.

Rankings

In 2018, Richard J. Gavegnano's compensation ranked 6,657th out of 14,244 executives tracked by ExecPay. In other words, Gavegnano earned more than 53.3% of executives.

ClassificationRankingPercentile
All
6,657
out of 14,244
53rd
Division
Finance, Insurance, And Real Estate
1,233
out of 2,986
59th
Major group
Depository Institutions
264
out of 1,311
80th
Industry group
Commercial Banks
234
out of 1,067
78th
Industry
National Commercial Banks
118
out of 347
66th

Pay ratio

Richard J. Gavegnano's Pay$1,664,466
Median Employee's Pay$74,356
Pay Ratio

22

to 1

In 2018, the annual total compensation of Richard J. Gavegnano was $1,664,466.

The annual total compensation of the median employee at Meridian Bancorp was $74,356.

The ratio of Richard J. Gavegnano's pay to the pay of median employee was therefore 22 to one.

Source: SEC filing on April 10, 2019.

Gavegnano's colleagues

We found four more compensation records of executives who worked with Richard J. Gavegnano at Meridian Bancorp in 2018.

2018

John Migliozzi

Meridian Bancorp

Executive Vice President, Real Estate Lending

2018

Mark Abbate

Meridian Bancorp

Chief Financial Officer

2018

Frank Romano

Meridian Bancorp

Executive Vice President, Corporate Banking

2018

Edward Merritt

Meridian Bancorp

Executive Vice President, Business Development and Community Reinvestment

News

You may also like