Central Federal CEO Timothy O'Dell's 2020 pay rises 15% to $960K
Central Federal reports 2020 executive compensation
By ExecPay News
Published: April 26, 2021
Central Federal reported fiscal year 2020 executive compensation information on April 26, 2021.
In 2020, three executives at Central Federal received on average a compensation package of $521K, a 25% decrease compared to previous year.
Average pay of disclosed executives at Central Federal
Timothy T. O'Dell, Chief Executive Officer, received $960K in total, which increased by 15% compared to 2019. 59% of O'Dell's compensation, or $563K, was in non-equity incentive plan. O'Dell also received $375K in salary and $22K in other compensation.
John W. Helmsdoerfer, Chief Financial Officer, received a compensation package of $408K, which decreased by 27% compared to previous year. 40% of the compensation package, or $164K, was in other compensation.
Kevin J. Beerman, Senior Vice President and Senior Financial Officer, earned $196K in 2020.
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Source: SEC filing on April 26, 2021.