IF Bancorp CEO Walter Hasselbring's 2022 pay rises 9% to $897K
IF Bancorp reports 2022 executive compensation
By ExecPay News
Published: October 12, 2022
IF Bancorp reported fiscal year 2022 executive compensation information on October 12, 2022.
In 2022, three IF Bancorp executives received on average a compensation package of $678K, a 10% increase compared to previous year.
Average pay of disclosed executives at IF Bancorp
Walter H. Hasselbring, III, Chief Executive Officer, received $897K in total, which increased by 9% compared to 2021. 45% of Hasselbring's compensation, or $400K, was in salary. Hasselbring also received $600 in bonus, $376K in non-equity incentive plan, as well as $121K in other compensation.
Pamela J. Verkler, Chief Financial Officer, received a compensation package of $634K, which increased by 13% compared to previous year. 46% of the compensation package, or $293K, was in salary.
Thomas J. Chamberlain, Senior Executive Vice President, earned $504K in 2022, a 7% increase compared to previous year.
IF Bancorp's fiscal year ends on June 30.
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Source: SEC filing on October 12, 2022.