Bogota Financial Corp. CEO Joseph Coccaro's 2021 pay jumps 186% to $2.2M
Bogota Financial Corp. reports 2021 executive compensation
By ExecPay News
Published: April 7, 2022
Bogota Financial Corp. reported fiscal year 2021 executive compensation information on April 7, 2022.
In 2021, three executives at Bogota Financial Corp. received on average a compensation package of $1.5M, a 202% increase compared to previous year.
Average pay of disclosed executives at Bogota Financial Corp.
Joseph Coccaro, Chief Executive Officer, received $2.2M in total, which increased by 186% compared to 2020. 31% of Coccaro's compensation, or $704K, was in option awards. Coccaro also received $365K in non-equity incentive plan, $474K in salary, $656K in stock awards, as well as $39K in other compensation.
Kevin Pace, Executive Vice President, Chief Risk Officer, received a compensation package of $1.1M, which increased by 232% compared to previous year. 33% of the compensation package, or $352K, was in option awards.
Brian McCourt, Chief Financial Officer, earned $1M in 2021, a 212% increase compared to previous year.
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Source: SEC filing on April 7, 2022.