William Penn Bancorporation CEO Kenneth Stephon's 2022 pay jumps 416% to $3.3M
William Penn Bancorporation reports 2022 executive compensation
By ExecPay News
Published: October 7, 2022
William Penn Bancorporation reported fiscal year 2022 executive compensation information on October 7, 2022.
In 2022, three executives at William Penn Bancorporation received on average a compensation package of $2M, a 378% increase compared to previous year.
Average pay of disclosed executives at William Penn Bancorporation
Kenneth J. Stephon, Chief Executive Officer, received $3.3M in total, which increased by 416% compared to 2021. 44% of Stephon's compensation, or $1.5M, was in stock awards. Stephon also received $1.3K in bonus, $322K in non-equity incentive plan, $1M in option awards, $471K in salary, as well as $52K in other compensation.
Jeannine Cimino, Executive Vice President and Chief Retail Officer, received a compensation package of $1.3M. 44% of the compensation package, or $587K, was in stock awards.
Jonathan T. Logan, Chief Financial Officer, earned $1.2M in 2022, a 396% increase compared to previous year.
William Penn Bancorporation's fiscal year ends on June 30.
Related executives
You may also like
Source: SEC filing on October 7, 2022.