CONSUMERS BANCORP CEO Ralph Lober's 2011 pay rises 5% to $254K
CONSUMERS BANCORP reports 2011 executive compensation
By ExecPay News
Published: September 16, 2011
CONSUMERS BANCORP reported fiscal year 2011 executive compensation information on September 16, 2011.
In 2011, three executives at CONSUMERS BANCORP received on average a compensation package of $162K, a 5% increase compared to previous year.
Ralph J. Lober, II, Chief Executive Officer, received $254K in total, which increased by 5% compared to 2010. 72% of Lober's compensation, or $182K, was in salary. Lober also received $15K in bonus, $49K of change in pension value and nonqualified deferred compensation earnings, as well as $8.5K in other compensation.
Paul B. Hugenberg, III, Senior Vice President and Chief Information Officer, received a compensation package of $121K, which increased by 2% compared to previous year. 93% of the compensation package, or $113K, was in salary.
Renee K. Wood, Chief Financial Officer, earned $112K in 2011, a 9% increase compared to previous year.
CONSUMERS BANCORP's fiscal year ends on June 30.