TFS Financial CEO Marc Stefanski's 2020 pay stays at $4.7M
TFS Financial reports 2020 executive compensation
By ExecPay News
Published: January 15, 2021
TFS Financial reported fiscal year 2020 executive compensation information on January 15, 2021.
In 2020, five executives at TFS Financial received on average a compensation package of $2M, a 1% decrease compared to previous year.
Average pay of disclosed executives at TFS Financial
Marc A. Stefanski, Chief Executive Officer, received $4.7M in total, which is about the same as previous year. 40% of Stefanski's compensation, or $1.9M, was in non-equity incentive plan. Stefanski also received $282K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary, $798K in stock awards, as well as $274K in other compensation.
For fiscal year 2020, the median employee pay was $70,846 at TFS Financial. Therefore, the ratio of Marc A. Stefanski's pay to the median employee pay was 67 to one.
Meredith S. Weil, Chief Operating Officer, received a compensation package of $1.7M, which decreased by 1% compared to previous year. 33% of the compensation package, or $557K, was in non-equity incentive plan.
Cathy W. Zbanek, Chief Synergy Officer, earned $1.5M in 2020, a 1% decrease compared to previous year.
Paul J. Huml, Chief Financial Officer, received $1.2M in 2020, which decreases by 2% compared to 2019.
Anna Maria Motta, Chief Information Officer, earned $1M in 2020, a 1% increase compared to previous year.
TFS Financial's fiscal year ends on September 30.
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Source: SEC filing on January 15, 2021.