CFSB Bancorp CEO Michael McFarland's 2022 pay rises 3% to $359K
CFSB Bancorp reports 2022 executive compensation
By ExecPay News
Published: January 13, 2023
CFSB Bancorp reported fiscal year 2022 executive compensation information on January 13, 2023.
In 2022, three executives at CFSB Bancorp received on average a compensation package of $286K, a 10% increase compared to previous year.
Average pay of disclosed executives at CFSB Bancorp
Michael E. McFarland, Chief Executive Officer, received $359K in total, which increased by 3% compared to 2021. 86% of McFarland's compensation, or $308K, was in salary. McFarland also received $33K in bonus and $18K in other compensation.
Susan Shea, Chief Operating Officer, received a compensation package of $290K, which increased by 23% compared to previous year. 71% of the compensation package, or $207K, was in salary.
Kemal A. Denizkurt, Vice President of Financial Markets, earned $208K in 2022, a 6% increase compared to previous year.
CFSB Bancorp's fiscal year ends on June 30.
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Source: SEC filing on January 13, 2023.