Bancorp CEO Betsy Cohen receives $1.6M in 2006
Bancorp reports 2006 executive compensation
By ExecPay News
Published: April 30, 2007
Bancorp reported fiscal year 2006 executive compensation information on April 30, 2007.
In 2006, five Bancorp executives received on average a compensation package of $522K.
Average pay of disclosed executives at Bancorp
Betsy Z. Cohen, Chief Executive Officer, received $1.6M in total. 65% of Cohen's compensation, or $1M, was of change in pension value and nonqualified deferred compensation earnings. Cohen also received $371K in salary, $175K in stock awards, as well as $1.2K in other compensation.
Arthur Birenbaum, Executive Vice President Commercial Loans, received a compensation package of $344K. 51% of the compensation package, or $175K, was in bonus.
Frank M. Mastrangelo, Chief Operating Officer, earned $312K in 2006.
Scott R. Megargee, Executive Vice President and Chief Lending Officer, received $198K in 2006.
Martin F. Egan, Chief Financial Officer, earned $182K in 2006.
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Source: SEC filing on April 30, 2007.