William Penn Bancorporation CEO Kenneth Stephon's 2024 pay falls 23% to $627K
William Penn Bancorporation reports 2024 executive compensation
By ExecPay News
Published: October 11, 2024
William Penn Bancorporation reported fiscal year 2024 executive compensation information on October 11, 2024.
In 2024, three executives at William Penn Bancorporation received on average a compensation package of $428K, a 19% decrease compared to previous year.
Average pay of disclosed executives at William Penn Bancorporation
Kenneth J. Stephon, Chief Executive Officer, received $627K in total, which decreased by 23% compared to 2023. 92% of Stephon's compensation, or $574K, was in salary. Stephon also received $1.3K in bonus and $51K in other compensation.
Alan B. Turner, Executive Vice President and Chief Lending Officer, received a compensation package of $342K, which decreased by 13% compared to previous year. 85% of the compensation package, or $292K, was in salary.
Jeannine Cimino, Executive Vice President and Chief Retail Officer, earned $316K in 2024, a 17% decrease compared to previous year.
William Penn Bancorporation's fiscal year ends on June 30.
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Source: SEC filing on October 11, 2024.