Provident Financial Holdings CFO Donavon Ternes' 2010 pay jumps 377% to $2M
Provident Financial Holdings reports 2010 executive compensation
By ExecPay News
Published: October 28, 2010
Provident Financial Holdings reported fiscal year 2010 executive compensation information on October 28, 2010.
In 2010, three executives at Provident Financial Holdings received on average a compensation package of $961K, a 106% increase compared to previous year.
Donavon P. Ternes, Chief Financial Officer, received $2M in total, which increased by 377% compared to 2009. 88% of Ternes' compensation, or $1.8M, was of change in pension value and nonqualified deferred compensation earnings. Ternes also received $221K in salary and $16K in other compensation.
Craig G. Blunden, Chief Executive Officer, received a compensation package of $699K, which increased by 8% compared to previous year. 55% of the compensation package, or $385K, was in salary.
Kathryn R. Gonzales, Senior Vice President Retail Banking, earned $190K in 2010, a 42% decrease compared to previous year.
Provident Financial Holdings' fiscal year ends on June 30.