Provident Financial Holdings CFO Donavon Ternes' 2018 pay jumps 48% to $527K

Provident Financial Holdings reports 2018 executive compensation

By ExecPay News

Published: October 25, 2018

Provident Financial Holdings reported fiscal year 2018 executive compensation information on October 25, 2018.
In 2018, five executives at Provident Financial Holdings received on average a compensation package of $352K, a 6% decrease compared to previous year.
Average pay of disclosed executives at Provident Financial Holdings
Donavon P. Ternes, Chief Financial Officer, received $527K in total, which increased by 48% compared to 2017. 64% of Ternes' compensation, or $339K, was in salary. Ternes also received $160K of change in pension value and nonqualified deferred compensation earnings and $29K in other compensation.
Craig G. Blunden, Chief Executive Officer, received a compensation package of $522K, which increased by 7% compared to previous year. 94% of the compensation package, or $493K, was in salary.
David S. Weiant, Senior Vice President Chief Lending Officer, earned $276K in 2018, a 14% increase compared to previous year.
Gwendolyn L. Wertz, Senior Vice President Retail Banking, received $232K in 2018, which increases by 3% compared to 2017.
Robert "Scott" Ritter, Senior Vice President Mortgage Banking, earned $204K in 2018, a 64% decrease compared to previous year.
Provident Financial Holdings' fiscal year ends on June 30.

Related executives

Craig Blunden

Provident Financial Holdings

Chief Executive Officer

Donavon Ternes

Provident Financial Holdings

Chief Executive Officer

Robert Ritter

Provident Financial Holdings

Senior Vice President Mortgage Banking

David Weiant

Provident Financial Holdings

Senior Vice President Chief Lending Officer

Gwendolyn Wertz

Provident Financial Holdings

Senior Vice President Retail Banking

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Source: SEC filing on October 25, 2018.