NB Bancorp CEO Joseph Campanelli's 2023 pay jumps 104% to $7.3M
NB Bancorp reports 2023 executive compensation
By ExecPay News
Published: April 12, 2024
NB Bancorp reported fiscal year 2023 executive compensation information on April 12, 2024.
In 2023, three NB Bancorp executives received on average a compensation package of $4.3M, a 111% increase compared to previous year.
Average pay of disclosed executives at NB Bancorp
Joseph Campanelli, Chief Executive Officer, received $7.3M in total, which increased by 104% compared to 2022. 42% of Campanelli's compensation, or $3.1M, was in non-equity incentive plan. Campanelli also received $3M in bonus, $950K in salary, as well as $250K in other compensation.
Salvatore Rinaldi, Chief Operating Officer, received a compensation package of $4.8M, which increased by 143% compared to previous year. 46% of the compensation package, or $2.2M, was in non-equity incentive plan.
Margaret Watson, General Counsel, earned $793K in 2023, a 42% increase compared to previous year.
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Source: SEC filing on April 12, 2024.