Penns Woods Bancorp CEO Ronald Walko's 2007 pay rises 13% to $478K
Penns Woods Bancorp reports 2007 executive compensation
By ExecPay News
Published: March 25, 2008
Penns Woods Bancorp reported fiscal year 2007 executive compensation information on March 25, 2008.
In 2007, four executives at Penns Woods Bancorp received on average a compensation package of $242K, a 12% increase compared to previous year.
Average pay of disclosed executives at Penns Woods Bancorp
Ronald A. Walko, Chief Executive Officer, received $478K in total, which increased by 13% compared to 2006. 57% of Walko's compensation, or $272K, was in salary. Walko also received $88K in bonus, $110K of change in pension value and nonqualified deferred compensation earnings, as well as $8.4K in other compensation.
Thomas A. Donofrio, Chief Administrative Officer, received a compensation package of $201K, which increased by 7% compared to previous year. 90% of the compensation package, or $180K, was in salary.
William H. Rockey, Senior Vice President, earned $190K in 2007, a 11% increase compared to previous year.
Brian L. Knepp, Chief Financial Officer, received $101K in 2007, which increases by 15% compared to 2006.
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Source: SEC filing on March 25, 2008.