Richard J. Gavegnano

2019

In 2019, Richard J. Gavegnano earned a total compensation of $1.6M as Chairman of the Board, President and Chief Executive Officer at Meridian Bancorp, a 6% decrease compared to previous year.

Compensation breakdown

Bonus$412,680
Change in Pension Value and Nonqualified Deferred Compensation Earnings$154,833
Salary$905,000
Other$87,845
Total$1,560,358

Gavegnano received $905K in salary, accounting for 58% of the total pay in 2019.

Gavegnano also received $412.7K in bonus, $154.8K of change in pension value and nonqualified deferred compensation earnings and $87.8K in other compensation.

Rankings

In 2019, Richard J. Gavegnano's compensation ranked 7,133rd out of 13,971 executives tracked by ExecPay. In other words, Gavegnano earned more than 48.9% of executives.

ClassificationRankingPercentile
All
7,133
out of 13,971
49th
Division
Finance, Insurance, And Real Estate
1,351
out of 2,894
53rd
Major group
Depository Institutions
298
out of 1,219
76th
Industry group
Commercial Banks
253
out of 1,007
75th
Industry
National Commercial Banks
137
out of 369
63rd

Pay ratio

Richard J. Gavegnano's Pay$1,560,358
Median Employee's Pay$57,094
Pay Ratio

27

to 1

In 2019, the annual total compensation of Richard J. Gavegnano was $1,560,358.

The annual total compensation of the median employee at Meridian Bancorp was $57,094.

The ratio of Richard J. Gavegnano's pay to the pay of median employee was therefore 27 to one.

Source: SEC filing on May 8, 2020.

Gavegnano's colleagues

We found four more compensation records of executives who worked with Richard J. Gavegnano at Meridian Bancorp in 2019.

2019

John Migliozzi

Meridian Bancorp

Executive Vice President, Real Estate Lending

2019

Frank Romano

Meridian Bancorp

Executive Vice President, Corporate Banking

2019

Mark Abbate

Meridian Bancorp

Chief Financial Officer

2019

Edward Merritt

Meridian Bancorp

Executive Vice President, Business Development and Community Reinvestment

News

You may also like