First of Long Island CEO Christopher Becker's 2020 pay jumps 25% to $1.4M
First of Long Island reports 2020 executive compensation
By ExecPay News
Published: March 12, 2021
First of Long Island reported fiscal year 2020 executive compensation information on March 12, 2021.
In 2020, five executives at First of Long Island received on average a compensation package of $782K, a 5% decrease compared to previous year.
Average pay of disclosed executives at First of Long Island
Christopher Becker, Chief Executive Officer, received $1.4M in total, which increased by 25% compared to 2019. 37% of Becker's compensation, or $500K, was in salary. Becker also received $109K of change in pension value and nonqualified deferred compensation earnings, $215K in non-equity incentive plan, $500K in stock awards, as well as $28K in other compensation.
For fiscal year 2020, the median employee pay was $67,241 at First of Long Island. Therefore, the ratio of Christopher Becker's pay to the median employee pay was 20 to one.
Richard P. Perro, Executive Vice President Chief Retail Officer, received a compensation package of $651K. 37% of the compensation package, or $240K, was in salary.
Jay P. McConie, Chief Financial Officer, earned $650K in 2020.
Christopher J. Hilton, Executive Vice President Chief Lending Officer, received $642K in 2020, which increases by 11% compared to 2019.
Janet T. Verneuille, Executive Vice President Chief Risk Officer, earned $617K in 2020.
Related executives
Christopher Becker
First of Long Island
Chief Executive Officer
Jay McConie
First of Long Island
Chief Financial Officer
Christopher Hilton
First of Long Island
Executive Vice President Chief Lending Officer
Janet Verneuille
First of Long Island
Executive Vice President Chief Risk Officer
Richard Perro
First of Long Island
Executive Vice President Chief Retail Officer
You may also like
Source: SEC filing on March 12, 2021.