Bancorp CEO Betsy Cohen's 2009 pay falls 45% to $499K
Bancorp reports 2009 executive compensation
By ExecPay News
Published: March 26, 2010
Bancorp reported fiscal year 2009 executive compensation information on March 26, 2010.
In 2009, seven Bancorp executives received on average a compensation package of $298K, a 15% decrease compared to previous year.
Average pay of disclosed executives at Bancorp
Betsy Z. Cohen, Chief Executive Officer, received $499K in total, which decreased by 23% compared to 2008. 94% of Cohen's compensation, or $470K, was in salary. Cohen also received $26K of change in pension value and nonqualified deferred compensation earnings and $2K in other compensation.
Arthur Birenbaum, Executive Vice President Commercial Loans, received a compensation package of $403K, which increased by 20% compared to previous year. 96% of the compensation package, or $387K, was in salary.
Frank M. Mastrangelo, Chief Operating Officer, earned $380K in 2009, a 2% decrease compared to previous year.
Scott R. Megargee, Executive Vice President and Chief Lending Officer, received $296K in 2009, which increases by 1% compared to 2008.
Donald F. McGraw Jr, Executive Vice President and Chief Credit Officer, earned $249K in 2009, a 5% increase compared to previous year.
Martin F. Egan, Chief Accounting Officer, received $208K in 2009, which decreases by 2% compared to 2008.
Paul Frenkiel, Chief Financial Officer, earned $47K in 2009.
Related executives
Betsy Cohen
Bancorp
Chief Executive Officer
Paul Frenkiel
Bancorp
Chief Financial Officer
Frank Mastrangelo
Bancorp
Chief Executive Officer
Arthur Birenbaum
Bancorp
Executive Vice President Commercial Loans
Donald McGraw
Bancorp
Executive Vice President Chief Credit Officer
Martin Egan
Bancorp
Chief Accounting Officer
Scott Megargee
Bancorp
Executive Vice President and Chief Lending Officer
You may also like
Source: SEC filing on March 26, 2010.