PATRIOT NATIONAL BANCORP Chairman Michael Carrazza's 2020 pay slips 15% to $305K
PATRIOT NATIONAL BANCORP reports 2020 executive compensation
By ExecPay News
Published: November 24, 2021
PATRIOT NATIONAL BANCORP reported fiscal year 2020 executive compensation information on November 24, 2021.
In 2020, three executives at PATRIOT NATIONAL BANCORP received on average a compensation package of $237K, a 24% decrease compared to previous year.
Average pay of disclosed executives at PATRIOT NATIONAL BANCORP
Michael A. Carrazza, Chairman, received $305K in total, which decreased by 15% compared to 2019. 80% of Carrazza's compensation, or $242K, was in salary. Carrazza also received $50K in stock awards and $12K in other compensation.
Frederick K. Staudmyer, Chief Administrative Officer, received a compensation package of $268K, which is about the same as previous year. 86% of the compensation package, or $231K, was in salary.
Robert G. Russell, Chief Executive Officer, earned $138K in 2020.
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Source: SEC filing on November 24, 2021.