IF Bancorp CEO Walter Hasselbring's 2023 pay slips 9% to $820K
IF Bancorp reports 2023 executive compensation
By ExecPay News
Published: October 11, 2023
IF Bancorp reported fiscal year 2023 executive compensation information on October 11, 2023.
In 2023, three IF Bancorp executives received on average a compensation package of $650K, a 4% decrease compared to previous year.
Average pay of disclosed executives at IF Bancorp
Walter H. Hasselbring, III, Chief Executive Officer, received $820K in total, which decreased by 9% compared to 2022. 52% of Hasselbring's compensation, or $425K, was in salary. Hasselbring also received $15K in bonus, $170K in non-equity incentive plan, $86K in stock awards, as well as $123K in other compensation.
Pamela J. Verkler, Chief Financial Officer, received a compensation package of $610K, which decreased by 4% compared to previous year. 50% of the compensation package, or $305K, was in salary.
Thomas J. Chamberlain, Senior Executive Vice President, earned $522K in 2023, a 4% increase compared to previous year.
IF Bancorp's fiscal year ends on June 30.
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Source: SEC filing on October 11, 2023.