Western New England Bancorp: Pay

Western New England Bancorp paid its 3 named executives $2.4M in total in FY2022 (Dec). CEO James C. Hagan was paid $1.3M of that.

Pay$100 in the stock at the end of FY20 → $144
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

James C. HaganPresident and Chief Executive Officer
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years
Allen J. Miles, IIIEVP and Chief Lending Officer
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years
Guida R. SajdakEVP, Chief Financial Officer and Treasurer
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 9 peers with pay on file was $1.6M. The CEO of Western New England Bancorp was paid $1.9M, 18% above the median.

  1. 1Orrstown Financial Services
  2. 2Mid Penn Bancorp
  3. 3Bar Harbor Bankshares
  4. 4Western New England Bancorp
  5. 5Acnb
  6. 6Arrow Financial
  7. 7Chemung Financial
  8. 8Bankwell Financial Group
  9. 9Peoples Financial Services
  10. 10Norwood Financial
  11. 11CNB Financial CorporationNot disclosed
  12. 12Cambridge BancorpNot disclosed
  13. 13Citizens & NorthernNot disclosed
  14. 14Codorus Valley Bancorp, Inc.Not disclosed
  15. 15ESSA Bancorp, Inc.Not disclosed
  16. 16Enterprise Bancorp, Inc.Not disclosed
  17. 17Evans Bancorp, Inc.Not disclosed
  18. 18Financial Institutions, Inc.Not disclosed
  19. 19Hingham Institution for SavingsNot disclosed
  20. 20Penns Woods Bancorp, Inc.Not disclosed
  21. 21The First Bancorp, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.