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Investors Bancorp releases salary data. CEO sees compensation rise 620%

Investors Bancorp just filed its annual proxy statement, which details the salary information of its key executives. In 2015, the company's CEO made 20,006,957.

The table is included below:

Name and Principal Position Year Salary ($) Bonus ($) Stock Awards ($) (1) Option Awards ($) (1) Non-Equity Incentive Plan Compensation ($) (2) Change in Pension Value and Nonqualified Deferred Compensation Earnings ($) (3) All Other Compensation ($) (4) Total ($) Total Without Change in Pension Value ($)
Kevin Cummings, President and Chief Executive Officer 2015 1,000,000

12,540,000
4,159,999
2,076,923
2,411,000
230,035
22,417,957
20,006,957
2014 1,000,000



1,500,000
5,058,000
278,700
7,836,700
2,778,700
2013 935,000
467,500


1,402,500
1,650,000
297,559
4,752,559
3,102,559
Domenick A. Cama, Senior Executive Vice President and Chief Operating Officer 2015 675,000

10,032,000
3,327,998
1,121,539
1,200,000
161,720
16,518,257
15,318,257
2014 675,000



810,000
2,799,000
180,794
4,464,794
1,665,794
2013 621,000
275,000


745,200
742,000
190,261
2,573,461
1,831,461
Richard Spengler, Executive Vice President and Chief Lending Officer 2015 430,000

6,687,996
2,225,599
535,846
295,000
94,231
10,268,672
9,973,672
2014 430,000



381,195
1,049,000
105,118
1,965,313
916,313
2013 400,000
125,000


358,200
88,000
120,314
1,091,514
1,003,514
Paul Kalamaras, Executive Vice President and Chief Retail Banking Officer 2015 415,000

6,687,996
2,225,599
516,223
541,000
84,559
10,470,377
9,929,377
2014 415,000



371,633
935,000
91,726
1,813,359
878,359
2013 375,000
125,000


333,450
293,000
106,012
1,232,462
939,462
Sean Burke, Senior Vice President and Chief Financial Officer (5) 2015 376,923

5,852,004
1,955,198
376,923

38,159
8,599,207
8,599,207
Thomas F. Splaine, Jr., Senior Vice President Financial Planning and Analysis and Investor Relations (6) 2015 352,500
88,125
627,000
187,200

100,000
1,386,885
2,741,710
2,641,710
2014 352,500



264,375
230,000
78,809
925,684
695,684
2013 325,000
147,500


199,875
19,000
88,722
780,097
761,097

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Additional definitive proxy soliciting materials and Rule 14(a)(12) material - April 14, 2016