CONSUMERS BANCORP CEO Ralph Lober's 2024 pay falls 30% to $716K
CONSUMERS BANCORP reports 2024 executive compensation
By ExecPay News
Published: September 6, 2024
CONSUMERS BANCORP reported fiscal year 2024 executive compensation information on September 6, 2024.
In 2024, three executives at CONSUMERS BANCORP received on average a compensation package of $490K, a 26% decrease compared to previous year.
Ralph J. Lober, II, Chief Executive Officer, received $716K in total, which decreased by 30% compared to 2023. 64% of Lober's compensation, or $461K, was in salary. Lober also received $300 in bonus, $197K of change in pension value and nonqualified deferred compensation earnings, $35K in non-equity incentive plan, as well as $23K in other compensation.
Scott E. Dodds, Executive Vice President and Senior Loan Officer, received a compensation package of $417K, which decreased by 20% compared to previous year. 57% of the compensation package, or $237K, was in salary.
Renee K. Wood, Chief Financial Officer, earned $338K in 2024, a 26% decrease compared to previous year.
CONSUMERS BANCORP's fiscal year ends on June 30.