IF Bancorp CEO Walter Hasselbring's 2020 pay rises 13% to $618K
IF Bancorp reports 2020 executive compensation
By ExecPay News
Published: October 19, 2020
IF Bancorp reported fiscal year 2020 executive compensation information on October 19, 2020.
In 2020, three IF Bancorp executives received on average a compensation package of $475K, a 13% increase compared to previous year.
Average pay of disclosed executives at IF Bancorp
Walter H. Hasselbring, III, Chief Executive Officer, received $618K in total, which increased by 13% compared to 2019. 58% of Hasselbring's compensation, or $356K, was in salary. Hasselbring also received $150K in non-equity incentive plan and $112K in other compensation.
Pamela J. Verkler, Chief Financial Officer, received a compensation package of $431K, which increased by 11% compared to previous year. 62% of the compensation package, or $267K, was in salary.
Thomas J. Chamberlain, Executive Vice President, earned $376K in 2020, a 15% increase compared to previous year.
IF Bancorp's fiscal year ends on June 30.
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Source: SEC filing on October 19, 2020.