LAKE SHORE BANCORP CEO Daniel Reininga's 2012 pay rises 3% to $311K
LAKE SHORE BANCORP reports 2012 executive compensation
By ExecPay News
Published: April 9, 2013
LAKE SHORE BANCORP reported fiscal year 2012 executive compensation information on April 9, 2013.
In 2012, three executives at LAKE SHORE BANCORP received on average a compensation package of $212K, a 15% decrease compared to previous year.
Daniel P. Reininga, Chief Executive Officer, received $311K in total, which increased by 3% compared to 2011. 75% of Reininga's compensation, or $235K, was in salary. Reininga also received $41K in non-equity incentive plan and $35K in other compensation.
Rachel A. Foley, Chief Financial Officer, received a compensation package of $197K, which increased by 1% compared to previous year. 74% of the compensation package, or $145K, was in salary.
Nancy L. LaTulip, Vice President Retail Banking, earned $128K in 2012.