Marathon Bancorp CEO Nicholas Zillges' 2023 pay falls 28% to $474K
Marathon Bancorp reports 2023 executive compensation
By ExecPay News
Published: October 17, 2023
Marathon Bancorp reported fiscal year 2023 executive compensation information on October 17, 2023.
In 2023, three executives at Marathon Bancorp received on average a compensation package of $271K, a 36% decrease compared to previous year.
Average pay of disclosed executives at Marathon Bancorp
Nicholas W. Zillges, Chief Executive Officer, received $474K in total, which decreased by 28% compared to 2022. 59% of Zillges' compensation, or $280K, was in salary. Zillges also received $140K in bonus, $15K in option awards, as well as $39K in other compensation.
Joy Selting-Buchberger, Chief Financial Officer, received a compensation package of $171K. 70% of the compensation package, or $120K, was in salary.
Michelle Knopf, Executive Vice President and Director of Mortgage Services, earned $167K in 2023, a 9% decrease compared to previous year.
Marathon Bancorp's fiscal year ends on June 30.
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Source: SEC filing on October 17, 2023.