DNB Financial CEO William Latoff receives $509K in 2006
DNB Financial reports 2006 executive compensation
By ExecPay News
Published: March 26, 2007
DNB Financial reported fiscal year 2006 executive compensation information on March 26, 2007.
In 2006, eight executives at DNB Financial received on average a compensation package of $193K.
Average pay of disclosed executives at DNB Financial
William S. Latoff, Chief Executive Officer, received $509K in total. 51% of Latoff's compensation, or $258K, was in salary. Latoff also received $60K in bonus, $181K of change in pension value and nonqualified deferred compensation earnings, as well as $10K in other compensation.
William J. Hieb, Chief Operating Officer, received a compensation package of $225K. 78% of the compensation package, or $175K, was in salary.
Thomas M. Miller, Former First E.V.P. & Chief Lending Officer, earned $181K in 2006.
Ronald K. Dankanich, Executive V.P. - Operations, received $160K in 2006.
Bruce E. Moroney, Chief Financial Officer, earned $152K in 2006.
C. Tomlinson Kline III, Senior V.P. - Commercial Lending, received $138K in 2006.
Richard J. Hartmann, Executive V.P. - Retail, earned $134K in 2006.
Albert J. Melfi, Executive V.P. & Chief Lending Officer, received $45K in 2006.
Related executives
William Latoff
DNB Financial
Chief Executive Officer
William Hieb
DNB Financial
Chief Executive Officer
Bruce Moroney
DNB Financial
Chief Accounting Officer
Ronald Dankanich
DNB Financial
Executive V.P. - Operations
Richard Hartmann
DNB Financial
Executive V.P. - Retail
C Kline
DNB Financial
Former SVP & Interim Chief Commercial Lending Officer
Albert Melfi
DNB Financial
EVP & Chief Lending Officer
Thomas Miller
DNB Financial
Former First E.V.P. & Chief Lending Officer
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Source: SEC filing on March 26, 2007.