CFSB Bancorp CEO Michael McFarland's 2024 pay falls 55% to $346K

CFSB Bancorp reports 2024 executive compensation

By ExecPay News

Published: October 15, 2024

CFSB Bancorp reported fiscal year 2024 executive compensation information on October 15, 2024.
In 2024, three executives at CFSB Bancorp received on average a compensation package of $281K, a 49% decrease compared to previous year.
Average pay of disclosed executives at CFSB Bancorp
Michael E. McFarland, Chief Executive Officer, received $346K in total, which decreased by 55% compared to 2023. 95% of McFarland's compensation, or $328K, was in salary. McFarland also received $19K in other compensation.
Susan Shea, Chief Operating Officer, received a compensation package of $284K, which decreased by 50% compared to previous year. 87% of the compensation package, or $248K, was in salary.
Kemal A. Denizkurt, Vice President of Financial Markets, earned $212K in 2024, a 30% decrease compared to previous year.
CFSB Bancorp's fiscal year ends on June 30.

Related executives

Michael McFarland

CFSB Bancorp

Chief Executive Officer

Susan Shea

CFSB Bancorp

Chief Operating Officer

Kemal Denizkurt

CFSB Bancorp

Vice President of Financial Markets

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Source: SEC filing on October 15, 2024.