PATRIOT NATIONAL BANCORP CEO Robert Russell's 2022 pay rises 14% to $511K
PATRIOT NATIONAL BANCORP reports 2022 executive compensation
By ExecPay News
Published: November 8, 2024
PATRIOT NATIONAL BANCORP reported fiscal year 2022 executive compensation information on November 8, 2024.
In 2022, five executives at PATRIOT NATIONAL BANCORP received on average a compensation package of $339K, a 10% increase compared to previous year.
Average pay of disclosed executives at PATRIOT NATIONAL BANCORP
Robert G. Russell, Chief Executive Officer, received $511K in total, which increased by 14% compared to 2021. 72% of Russell's compensation, or $369K, was in salary. Russell also received $130K in bonus and $12K in other compensation.
David Lowery, Executive Vice President and Chief Lending Officer of Patriot Bank, received a compensation package of $365K, which increased by 28% compared to previous year. 74% of the compensation package, or $272K, was in salary.
Joseph D. Perillo, Chief Financial Officer, earned $341K in 2022, a 3% decrease compared to previous year.
Alfred Botta, Executive Vice President and Chief Payments Officer of the Bank, received $324K in 2022.
Michael A. Carrazza, Chairman, earned $153K in 2022, which is about the same as previous year.
Related executives
Alfred Botta
PATRIOT NATIONAL BANCORP
Executive Vice President and Chief Payments Officer of the Bank
Michael Carrazza
PATRIOT NATIONAL BANCORP
Chairman
Robert Russell
PATRIOT NATIONAL BANCORP
Chief Executive Officer
Joseph Perillo
PATRIOT NATIONAL BANCORP
Chief Financial Officer
David Lowery
PATRIOT NATIONAL BANCORP
Chief Executive Officer
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Source: SEC filing on November 8, 2024.