Brookline Bancorp CEO Richard Chapman's 2008 pay rises 4% to $1.6M
Brookline Bancorp reports 2008 executive compensation
By ExecPay News
Published: March 30, 2009
Brookline Bancorp reported fiscal year 2008 executive compensation information on March 30, 2009.
In 2008, six executives at Brookline Bancorp received on average a compensation package of $609K, a 1% decrease compared to previous year.
Average pay of disclosed executives at Brookline Bancorp
Richard P. Chapman, Jr, Chief Executive Officer, received $1.6M in total, which increased by 4% compared to 2007. 35% of Chapman's compensation, or $575K, was in salary. Chapman also received $512K of change in pension value and nonqualified deferred compensation earnings, $124K in non-equity incentive plan, $59K in option awards, as well as $362K in other compensation.
Charles H. Peck, Executive Vice President and Director, received a compensation package of $600K, which decreased by 18% compared to previous year. 42% of the compensation package, or $253K, was in salary.
Paul R. Bechet, Chief Financial Officer, earned $465K in 2008, a 4% increase compared to previous year.
Michael J. Fanger, Chief Executive Officer, received $369K in 2008, which increases by 7% compared to 2007.
David J. Pallin, Senior Vice President, earned $300K in 2008, a 7% decrease compared to previous year.
Jane M. Wolchonok, Senior Vice President, received $291K in 2008, which increases by 7% compared to 2007.
Related executives
Richard Chapman
Brookline Bancorp
Chief Executive Officer
Paul Bechet
Brookline Bancorp
Chief Financial Officer
Charles Peck
Brookline Bancorp
Executive Vice President and Director
Michael Fanger
Brookline Bancorp
Chief Executive Officer
Jane Wolchonok
Brookline Bancorp
Senior Vice President
David Pallin
Brookline Bancorp
Senior Vice President
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Source: SEC filing on March 30, 2009.