CONSUMERS BANCORP CEO Ralph Lober's 2019 pay rises 19% to $460K
CONSUMERS BANCORP reports 2019 executive compensation
By ExecPay News
Published: September 12, 2019
CONSUMERS BANCORP reported fiscal year 2019 executive compensation information on September 12, 2019.
In 2019, three executives at CONSUMERS BANCORP received on average a compensation package of $348K, a 15% increase compared to previous year.
Ralph J. Lober, II, Chief Executive Officer, received $460K in total, which increased by 19% compared to 2018. 55% of Lober's compensation, or $254K, was in salary. Lober also received $250 in bonus, $93K of change in pension value and nonqualified deferred compensation earnings, $81K in non-equity incentive plan, $22K in stock awards, as well as $9.8K in other compensation.
Renee K. Wood, Chief Financial Officer, received a compensation package of $293K, which increased by 11% compared to previous year. 61% of the compensation package, or $179K, was in salary.
Scott E. Dodds, Executive Vice President and Senior Loan Officer, earned $292K in 2019, a 14% increase compared to previous year.
CONSUMERS BANCORP's fiscal year ends on June 30.