Fidelity D&D Bancorp CEO Steven Ackmann's 2007 pay rises 16% to $300K
Fidelity D&D Bancorp reports 2007 executive compensation
By ExecPay News
Published: April 1, 2009
Fidelity D&D Bancorp reported fiscal year 2007 executive compensation information on April 1, 2009.
In 2007, five executives at Fidelity D&D Bancorp received on average a compensation package of $181K, a 10% increase compared to previous year.
Average pay of disclosed executives at Fidelity D&D Bancorp
Steven C. Ackmann, Chief Executive Officer, received $300K in total, which increased by 16% compared to 2006. 77% of Ackmann's compensation, or $230K, was in salary. Ackmann also received $30K in bonus, $14K in option awards, as well as $26K in other compensation.
James G. Gorman, Executive Vice President and Chief Commercial Banking Officer of the Bank, received a compensation package of $167K, which decreased by 10% compared to previous year. 89% of the compensation package, or $148K, was in salary.
Salvatore R. DeFrancesco, Jr, Chief Financial Officer, earned $159K in 2007, a 30% increase compared to previous year.
Daniel J. Santaniello, Chief Operating Officer, received $151K in 2007, which increases by 2% compared to 2006.
John T. Piszak, Senior Vice President and Chief Risk Officer of the Bank, earned $127K in 2007, a 20% increase compared to previous year.
Related executives
Steven Ackmann
Fidelity D&D Bancorp
Chief Executive Officer
Salvatore DeFrancesco
Fidelity D&D Bancorp
Chief Financial Officer
Daniel Santaniello
Fidelity D&D Bancorp
Chief Executive Officer
John Piszak
Fidelity D&D Bancorp
Executive Vice President and Chief Risk Officer of the Bank
James Gorman
Fidelity D&D Bancorp
Executive Vice President and Chief Commercial Banking Officer of the Bank
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Source: SEC filing on April 1, 2009.