CONSUMERS BANCORP CEO Ralph Lober's 2022 pay jumps 25% to $889K
CONSUMERS BANCORP reports 2022 executive compensation
By ExecPay News
Published: September 15, 2022
CONSUMERS BANCORP reported fiscal year 2022 executive compensation information on September 15, 2022.
In 2022, three executives at CONSUMERS BANCORP received on average a compensation package of $622K, a 19% increase compared to previous year.
Average pay of disclosed executives at CONSUMERS BANCORP
Ralph J. Lober, II, Chief Executive Officer, received $889K in total, which increased by 25% compared to 2021. 39% of Lober's compensation, or $346K, was in salary. Lober also received $250 in bonus, $250K of change in pension value and nonqualified deferred compensation earnings, $152K in non-equity incentive plan, $125K in stock awards, as well as $16K in other compensation.
Scott E. Dodds, Executive Vice President and Senior Loan Officer, received a compensation package of $534K, which increased by 12% compared to previous year. 40% of the compensation package, or $214K, was in salary.
Renee K. Wood, Chief Financial Officer, earned $443K in 2022, a 14% increase compared to previous year.
CONSUMERS BANCORP's fiscal year ends on June 30.
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Source: SEC filing on September 15, 2022.