Westfield Financial CEO James Hagan's 2011 pay rises 2% to $455K
Westfield Financial reports 2011 executive compensation
By ExecPay News
Published: April 11, 2012
Westfield Financial reported fiscal year 2011 executive compensation information on April 11, 2012.
In 2011, five executives at Westfield Financial received on average a compensation package of $283K, a 2% increase 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 2% compared to 2010. 73% of Hagan's compensation, or $334K, was in salary. Hagan also received $18K in bonus, $39K of change in pension value and nonqualified deferred compensation earnings, as well as $63K in other compensation.
Allen J. Miles, III, Executive Vice President and Chief Lending Officer, received a compensation package of $294K, which increased by 2% compared to previous year. 72% of the compensation package, or $212K, was in salary.
Leo R. Sagan, Jr, Chief Financial Officer, earned $245K in 2011, a 3% decrease compared to previous year.
Gerald P. Ciejka, General Counsel, received $226K in 2011, which increases by 2% compared to 2010.
Louis O. Gorman, Vice President, Credit Administration, earned $194K in 2011, a 10% 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 11, 2012.