CEOs Of Thrifts, Banks Cash In Despite Decline

Published June 27, 2008, 1:37 p.m. EDT

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Updated August 27, 2020, 1:11 a.m. EDT

1 Min Read

CHARLOTTESVILLE, Va. - Despite an overall decrease in the total return paid by banks and thrifts of -23.7% in 2007, CEOs of those same institutions saw an increase in compensation of 4.8% over the same period, according to analysis released by SNL Financial. Not everyone saw an increase, however. CEOs at banks of $10 billion in assets or larger, where many reported significant declines in ROAE and ROAA, averaged a 4.3% decrease in total compensation during 2007. The data was released as part of the SNL Executive Compensation Review for Banks and Thrifts. For info: www.SNL.com.(c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved.http://www.cujournal.com http://www.sourcemedia.com

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