Sussex Bancorp CEO Anthony Labozzetta's 2018 pay jumps 40% to $1.2M
Sussex Bancorp reports 2018 executive compensation
By ExecPay News
Published: March 25, 2019
Sussex Bancorp reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, three executives at Sussex Bancorp received on average a compensation package of $746K, a 56% increase compared to previous year.
Average pay of disclosed executives at Sussex Bancorp
Anthony Labozzetta, Chief Executive Officer, received $1.2M in total, which increased by 40% compared to 2017. 43% of Labozzetta's compensation, or $530K, was in salary. Labozzetta also received $291K in non-equity incentive plan, $291K in stock awards, as well as $118K in other compensation.
Steven M. Fusco, Chief Financial Officer, received a compensation package of $536K, which increased by 37% compared to previous year. 54% of the compensation package, or $289K, was in salary.
George Lista, Chief Executive Officer, earned $473K in 2018, a 10% increase compared to previous year.
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Source: SEC filing on March 25, 2019.