Provident Financial Holdings CEO Craig Blunden's 2011 pay jumps 50% to $1M
Provident Financial Holdings reports 2011 executive compensation
By ExecPay News
Published: October 27, 2011
Provident Financial Holdings reported fiscal year 2011 executive compensation information on October 27, 2011.
In 2011, five executives at Provident Financial Holdings received on average a compensation package of $675K, a 30% decrease compared to previous year.
Craig G. Blunden, Chief Executive Officer, received $1M in total, which increased by 50% compared to 2010. 37% of Blunden's compensation, or $385K, was in salary. Blunden also received $150K in bonus, $129K of change in pension value and nonqualified deferred compensation earnings, $175K in option awards, $170K in stock awards, as well as $38K in other compensation.
Richard L. Gale, Senior Vice President Mortgage Banking, received a compensation package of $900K. 67% of the compensation package, or $600K, was in non-equity incentive plan.
Donavon P. Ternes, Chief Financial Officer, earned $663K in 2011, a 67% decrease compared to previous year.
David S. Weiant, Senior Vice President Chief Lending Officer, received $390K in 2011.
Kathryn R. Gonzales, Senior Vice President Retail Banking, earned $374K in 2011, a 96% increase compared to previous year.
Provident Financial Holdings' fiscal year ends on June 30.
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