Westfield Financial CEO James Hagan's 2009 pay rises 15% to $455K
Westfield Financial reports 2009 executive compensation
By ExecPay News
Published: April 9, 2010
Westfield Financial reported fiscal year 2009 executive compensation information on April 9, 2010.
In 2009, five executives at Westfield Financial received on average a compensation package of $295K, a 23% decrease compared to previous year.
Average pay of disclosed executives at Westfield Financial
James C. Hagan, Chief Executive Officer, received $455K in total, which increased by 15% compared to 2008. 69% of Hagan's compensation, or $315K, was in salary. Hagan also received $16K in bonus, $29K of change in pension value and nonqualified deferred compensation earnings, as well as $95K in other compensation.
Allen J. Miles, III, Executive Vice President and Chief Lending Officer, received a compensation package of $288K, which increased by 8% compared to previous year. 69% of the compensation package, or $200K, was in salary.
Louis O. Gorman, Vice President, Credit Administration, earned $255K in 2009.
Leo R. Sagan, Jr, Chief Financial Officer, received $254K in 2009, which increases by 18% compared to 2008.
Gerald P. Ciejka, General Counsel, earned $226K in 2009, a 4% increase compared to previous year.
Related executives
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
Louis Gorman
Westfield Financial
Senior Vice President, Credit Administration
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Source: SEC filing on April 9, 2010.