Central Federal CEO Timothy O'Dell's 2019 pay rises 12% to $834K
Central Federal reports 2019 executive compensation
By ExecPay News
Published: April 22, 2020
Central Federal reported fiscal year 2019 executive compensation information on April 22, 2020.
In 2019, two executives at Central Federal received on average a compensation package of $696K, a 14% increase compared to previous year.
Timothy T. O'Dell, Chief Executive Officer, received $834K in total, which increased by 12% compared to 2018. 41% of O'Dell's compensation, or $345K, was in non-equity incentive plan. O'Dell also received $315K in salary, $152K in stock awards, as well as $22K in other compensation.
John W. Helmsdoerfer, Chief Financial Officer, received a compensation package of $559K, which increased by 16% compared to previous year. 45% of the compensation package, or $249K, was in salary.