TFS Financial CEO Marc Stefanski's 2022 pay slips 3% to $4.6M
TFS Financial reports 2022 executive compensation
By ExecPay News
Published: January 11, 2023
TFS Financial reported fiscal year 2022 executive compensation information on January 11, 2023.
In 2022, six executives at TFS Financial received on average a compensation package of $1.6M, a 18% decrease compared to previous year.
Average pay of disclosed executives at TFS Financial
Marc A. Stefanski, Chief Executive Officer, received $4.6M in total, which decreased by 3% compared to 2021. 45% of Stefanski's compensation, or $2.1M, was in non-equity incentive plan. Stefanski also received $27K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary, $758K in stock awards, as well as $282K in other compensation.
For fiscal year 2022, the median employee pay was $70,559 at TFS Financial. Therefore, the ratio of Marc A. Stefanski's pay to the median employee pay was 66 to one.
Meredith S. Weil, Chief Operating Officer, received a compensation package of $1.7M, which increased by 5% compared to previous year. 36% of the compensation package, or $612K, was in non-equity incentive plan.
Cathy W. Zbanek, Chief Synergy Officer, earned $1.5M in 2022, a 5% increase compared to previous year.
Andrew J. Rubino, Chief Information Officer, received $903K in 2022.
Timothy W. Mulhern, Chief Financial Officer, earned $819K in 2022.
Paul J. Huml, Chief Financial Officer, received $156K in 2022, which decreases by 87% compared to 2021.
TFS Financial's fiscal year ends on September 30.
Related executives
Marc Stefanski
TFS Financial
Chief Executive Officer
Timothy Mulhern
TFS Financial
Chief Financial Officer
Meredith Weil
TFS Financial
Chief Operating Officer
Cathy Zbanek
TFS Financial
Chief Synergy Officer
Andrew Rubino
TFS Financial
Chief Information Officer
Paul Huml
TFS Financial
Chief Financial Officer
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Source: SEC filing on January 11, 2023.