People's Utah Bancorp CEO Len Williams' 2019 pay jumps 21% to $1M
People's Utah Bancorp reports 2019 executive compensation
By ExecPay News
Published: April 16, 2020
People's Utah Bancorp reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, three executives at People's Utah Bancorp received on average a compensation package of $668K, a 25% increase compared to previous year.
Average pay of disclosed executives at People's Utah Bancorp
Len E. Williams, Chief Executive Officer, received $1M in total, which increased by 21% compared to 2018. 43% of Williams' compensation, or $450K, was in salary. Williams also received $289K in non-equity incentive plan, $280K in stock awards, as well as $27K in other compensation.
Mark K. Olson, Chief Financial Officer, received a compensation package of $590K, which increased by 28% compared to previous year. 47% of the compensation package, or $275K, was in salary.
Rick W. Anderson Altabank, President and Chief Operations Officer, earned $367K in 2019, a 9% decrease compared to previous year.
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Source: SEC filing on April 16, 2020.