Westfield Financial CEO Donald Williams' 2008 pay slips 4% to $1M
Westfield Financial reports 2008 executive compensation
By ExecPay News
Published: April 13, 2009
Westfield Financial reported fiscal year 2008 executive compensation information on April 13, 2009.
In 2008, seven executives at Westfield Financial received on average a compensation package of $381K, a 75% decrease compared to previous year.
Average pay of disclosed executives at Westfield Financial
Donald A. Williams, Chief Executive Officer, received $1M in total, which decreased by 4% compared to 2007. 48% of Williams' compensation, or $500K, was of change in pension value and nonqualified deferred compensation earnings. Williams also received $33K in bonus, $431K in salary, as well as $78K in other compensation.
James C. Hagan, Chief Executive Officer, received a compensation package of $394K, which decreased by 86% compared to previous year. 58% of the compensation package, or $230K, was in salary.
Michael J. Janosco, Jr, Chief Financial Officer, earned $336K in 2008, a 23% decrease compared to previous year.
Allen J. Miles, III, Executive Vice President and Chief Lending Officer, received $268K in 2008, which decreases by 85% compared to 2007.
Gerald P. Ciejka, General Counsel, earned $217K in 2008.
Leo R. Sagan, Jr, Chief Financial Officer, received $215K in 2008.
Deborah J. McCarthy, Vice President, earned $198K in 2008.
Related executives
Donald Williams
Westfield Financial
Chief Executive Officer
Michael Janosco
Westfield Financial
Chief Financial Officer
Deborah McCarthy
Westfield Financial
Vice President
James Hagan
Westfield Financial
Chief Executive Officer
Leo Sagan
Westfield Financial
Senior Vice President and Chief Risk Officer
Allen Miles
Westfield Financial
EVP and Chief Lending Officer
Gerald Ciejka
Westfield Financial
General Counsel
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Source: SEC filing on April 13, 2009.