CFSB Bancorp CEO Michael McFarland's 2024 pay falls 55% to $346K
CFSB Bancorp reports 2024 executive compensation
By ExecPay News
Published: 10 hours ago
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.
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Source: SEC filing on October 15, 2024.