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.
Average pay of disclosed executives at Orrstown Financial Services
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.

Related executives

Thomas Quinn

Orrstown Financial Services

Chief Executive Officer

Thomas Brugger

Orrstown Financial Services

Chief Financial Officer

Neelesh Kalani

Orrstown Financial Services

Chief Financial Officer

Adam Metz

Orrstown Financial Services

Executive Vice President and Chief Revenue Officer

Robert Coradi

Orrstown Financial Services

Executive Vice President and Chief Risk Officer

Christopher Holt

Orrstown Financial Services

Executive Vice President and Market President

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Source: SEC filing on March 25, 2022.