Marathon Bancorp CEO Nicholas Zillges' 2021 pay stays at $455K
Marathon Bancorp reports 2021 executive compensation
By ExecPay News
Published: October 22, 2021
Marathon Bancorp reported fiscal year 2021 executive compensation information on October 22, 2021.
In 2021, three executives at Marathon Bancorp received on average a compensation package of $253K, a 4% increase compared to previous year.
Average pay of disclosed executives at Marathon Bancorp
Nicholas W. Zillges, Chief Executive Officer, received $455K in total, which is about the same as previous year. 62% of Zillges' compensation, or $280K, was in salary. Zillges also received $140K in bonus and $35K in other compensation.
Nora Spatz, Chief Administrative Officer, received a compensation package of $160K, which increased by 7% compared to previous year. 75% of the compensation package, or $120K, was in salary.
Michelle Knopf, Executive Vice President and Senior Loan Officer, earned $143K in 2021, a 14% increase compared to previous year.
Marathon Bancorp's fiscal year ends on June 30.
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Source: SEC filing on October 22, 2021.