CVB Financial CEO David Brager's 2021 pay rises 15% to $2.6M
CVB Financial reports 2021 executive compensation
By ExecPay News
Published: April 4, 2022
CVB Financial reported fiscal year 2021 executive compensation information on April 4, 2022.
In 2021, six executives at CVB Financial received on average a compensation package of $1.3M, a 5% increase compared to previous year.
Average pay of disclosed executives at CVB Financial
David A. Brager, Chief Executive Officer, received $2.6M in total, which increased by 15% compared to 2020. 33% of Brager's compensation, or $864K, was in stock awards. Brager also received $180K in bonus, $810K in non-equity incentive plan, $715K in salary, as well as $67K in other compensation.
For fiscal year 2021, the median employee pay was $81,138 at CVB Financial. Therefore, the ratio of David A. Brager's pay to the median employee pay was 32 to one.
David C. Harvey, Chief Operating Officer, received a compensation package of $1.3M, which is about the same as previous year. 35% of the compensation package, or $458K, was in salary.
E. Allen Nicholson, Chief Financial Officer, earned $1.3M in 2021, which is about the same as previous year.
David F. Farnsworth, EVP, Chief Credit Officer of the Bank, received $911K in 2021, which increases by 9% compared to 2020.
Brian T. Mauntel, President of the Bank from April 26to November 19,, earned $849K in 2021.
Richard H. Wohl, General Counsel, received $701K in 2021, which increases by 8% compared to 2020.
Related executives
David Brager
CVB Financial
Chief Executive Officer
E Nicholson
CVB Financial
Chief Financial Officer
David Farnsworth
CVB Financial
EVP, Chief Credit Officer of the Bank
David Harvey
CVB Financial
Chief Operating Officer
Richard Wohl
CVB Financial
General Counsel
Brian Mauntel
CVB Financial
President of the Bank from April 26to November 19,
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Source: SEC filing on April 4, 2022.