Republic First Bancorp CEO Harry Madonna's 2008 pay slips 6% to $565K
Republic First Bancorp reports 2008 executive compensation
By ExecPay News
Published: November 20, 2009
Republic First Bancorp reported fiscal year 2008 executive compensation information on November 20, 2009.
In 2008, seven executives at Republic First Bancorp received on average a compensation package of $274K, a 5% increase compared to previous year.
Average pay of disclosed executives at Republic First Bancorp
Harry D. Madonna, Chief Executive Officer, received $565K in total, which decreased by 6% compared to 2007. 69% of Madonna's compensation, or $390K, was in salary. Madonna also received $24K in option awards and $150K in other compensation.
Louis J. DeCesare, Chief Operating Officer, received a compensation package of $497K, which increased by 32% compared to previous year. 93% of the compensation package, or $462K, was in salary.
Andrew J. Logue, Chief Operating Officer, earned $245K in 2008.
Rhonda Costello, Chief Retail Officer, received $206K in 2008.
Paul Frenkiel, Chief Financial Officer, earned $162K in 2008, a 6% increase compared to previous year.
Carol L. Hunter, Chief Credit Officer, received $141K in 2008, which increases by 107% compared to 2007.
Edward J. Ryan, Chief Financial Officer, earned $104K in 2008, a 1% decrease compared to previous year.
Related executives
Edward Ryan
Republic First Bancorp
Chief Financial Officer
Louis DeCesare
Republic First Bancorp
Chief Operating Officer
Paul Frenkiel
Republic First Bancorp
Chief Financial Officer
Carol Hunter
Republic First Bancorp
Chief Credit Officer
Harry Madonna
Republic First Bancorp
Chief Executive Officer
Andrew Logue
Republic First Bancorp
Chief Operating Officer
Rhonda Costello
Republic First Bancorp
Chief Retail Officer
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Source: SEC filing on November 20, 2009.