Richard J. Gavegnano

2020

In 2020, Richard J. Gavegnano earned a total compensation of $2.3M as Chairman of the Board, President and Chief Executive Officer at Meridian Bancorp, a 49% increase compared to previous year.

Compensation breakdown

Bonus$300,300
Change in Pension Value and Nonqualified Deferred Compensation Earnings$969,302
Salary$975,000
Other$83,350
Total$2,327,952

Gavegnano received $975K in salary, accounting for 42% of the total pay in 2020.

Gavegnano also received $300.3K in bonus, $969.3K of change in pension value and nonqualified deferred compensation earnings and $83.4K in other compensation.

Rankings

In 2020, Richard J. Gavegnano's compensation ranked 4,866th out of 13,090 executives tracked by ExecPay. In other words, Gavegnano earned more than 62.8% of executives.

ClassificationRankingPercentile
All
4,866
out of 13,090
63rd
Division
Finance, Insurance, And Real Estate
820
out of 2,550
68th
Major group
Depository Institutions
161
out of 1,117
86th
Industry group
Commercial Banks
142
out of 897
84th
Industry
National Commercial Banks
73
out of 317
77th

Pay ratio

Richard J. Gavegnano's Pay$2,327,952
Median Employee's Pay$69,066
Pay Ratio

34

to 1

In 2020, the annual total compensation of Richard J. Gavegnano was $2,327,952.

The annual total compensation of the median employee at Meridian Bancorp was $69,066.

The ratio of Richard J. Gavegnano's pay to the pay of median employee was therefore 34 to one.

Source: SEC filing on April 9, 2021.

Gavegnano's colleagues

We found five more compensation records of executives who worked with Richard J. Gavegnano at Meridian Bancorp in 2020.

2020

John Migliozzi

Meridian Bancorp

Executive Vice President, Real Estate Lending

2020

Frank Romano

Meridian Bancorp

Executive Vice President, Corporate Banking

2020

Edward Merritt

Meridian Bancorp

Executive Vice President, Business Development and Community Reinvestment

2020

Kenneth Fisher

Meridian Bancorp

Chief Financial Officer

2020

Mark Abbate

Meridian Bancorp

Chief Financial Officer

News

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