Orrstown Financial Services CEO Thomas Quinn's 2021 pay rises 13% to $2M
Orrstown Financial Services reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
Orrstown Financial Services reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, six executives at Orrstown Financial Services received on average a compensation package of $787K, a 2% increase compared to previous year.
Thomas R. Quinn, Jr, Chief Executive Officer, received $2M in total, which increased by 13% compared to 2020. 45% of Quinn's compensation, or $876K, was of change in pension value and nonqualified deferred compensation earnings. Quinn also received $365K in non-equity incentive plan, $552K in salary, $160K in stock awards, as well as $14K in other compensation.
Christopher D. Holt, Executive Vice President and Market President, received a compensation package of $848K, which increased by 57% compared to previous year. 40% of the compensation package, or $336K, was in salary.
Robert J. Coradi, Executive Vice President and Chief Risk Officer, earned $609K in 2021, a 12% increase compared to previous year.
Neelesh Kalani, Chief Financial Officer, received $537K in 2021.
Adam L. Metz, Executive Vice President and Chief Revenue Officer, earned $533K in 2021, a 12% increase compared to previous year.
Thomas R. Brugger, Chief Financial Officer, received $229K in 2021, which decreases by 59% compared to 2020.
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