First of Long Island CEO Christopher Becker's 2021 pay falls 32% to $914K
First of Long Island reports 2021 executive compensation
By ExecPay News
Published: March 11, 2022
First of Long Island reported fiscal year 2021 executive compensation information on March 11, 2022.
In 2021, five executives at First of Long Island received on average a compensation package of $570K, a 27% decrease compared to previous year.
Christopher Becker, Chief Executive Officer, received $914K in total, which decreased by 32% compared to 2020. 61% of Becker's compensation, or $560K, was in salary. Becker also received $40K of change in pension value and nonqualified deferred compensation earnings, $293K in non-equity incentive plan, as well as $22K in other compensation.
For fiscal year 2021, the median employee pay was $65,938 at First of Long Island. Therefore, the ratio of Christopher Becker's pay to the median employee pay was 14 to one.
Christopher J. Hilton, Executive Vice President Chief Lending Officer, received a compensation package of $517K, which decreased by 19% compared to previous year. 61% of the compensation package, or $315K, was in salary.
Janet T. Verneuille, Executive Vice President Chief Risk Officer, earned $516K in 2021, a 16% decrease compared to previous year.
Jay P. McConie, Chief Financial Officer, received $505K in 2021, which decreases by 22% compared to 2020.
Susanne Pheffer, Executive Vice President Chief Information Officer, earned $399K in 2021.
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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
Susanne Pheffer
First of Long Island