Parke Bancorp Management
Management criteria checks 3/4
Parke Bancorp's CEO is Vito Pantilione, appointed in Jan 2005, has a tenure of 19.83 years. total yearly compensation is $1.55M, comprised of 71.3% salary and 28.7% bonuses, including company stock and options. directly owns 2.48% of the company’s shares, worth €6.43M. The average tenure of the management team and the board of directors is 4.8 years and 17.6 years respectively.
Key information
Vito Pantilione
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 71.3% |
| CEO tenure | 19.8yrs |
| CEO ownership | 2.5% |
| Management average tenure | 4.8yrs |
| Board average tenure | 17.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$28m |
| Jun 30 2024 | n/a | n/a | US$22m |
| Mar 31 2024 | n/a | n/a | US$23m |
| Dec 31 2023 | US$2m | US$1m | US$28m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$40m |
| Mar 31 2023 | n/a | n/a | US$43m |
| Dec 31 2022 | US$2m | US$1m | US$42m |
| Sep 30 2022 | n/a | n/a | US$41m |
| Jun 30 2022 | n/a | n/a | US$41m |
| Mar 31 2022 | n/a | n/a | US$41m |
| Dec 31 2021 | US$1m | US$949k | US$41m |
| Sep 30 2021 | n/a | n/a | US$39m |
| Jun 30 2021 | n/a | n/a | US$35m |
| Mar 31 2021 | n/a | n/a | US$31m |
| Dec 31 2020 | US$2m | US$955k | US$28m |
| Sep 30 2020 | n/a | n/a | US$28m |
| Jun 30 2020 | n/a | n/a | US$29m |
| Mar 31 2020 | n/a | n/a | US$30m |
| Dec 31 2019 | US$2m | US$812k | US$30m |
| Sep 30 2019 | n/a | n/a | US$29m |
| Jun 30 2019 | n/a | n/a | US$27m |
| Mar 31 2019 | n/a | n/a | US$26m |
| Dec 31 2018 | US$1m | US$739k | US$24m |
| Sep 30 2018 | n/a | n/a | US$18m |
| Jun 30 2018 | n/a | n/a | US$16m |
| Mar 31 2018 | n/a | n/a | US$13m |
| Dec 31 2017 | US$2m | US$660k | US$11m |
Compensation vs Market: Vito's total compensation ($USD1.55M) is above average for companies of similar size in the German market ($USD834.75K).
Compensation vs Earnings: Vito's compensation has been consistent with company performance over the past year.
CEO
Vito Pantilione (72 yo)
19.8yrs
Tenure
US$1,545,341
Compensation
Mr. Vito S. Pantilione has served as the Parke Bancorp, Inc.'s President and Chief Executive Officer and a Director since its formation in 2005. From the time of the Parke Bank’s formation in 1998, he has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.8yrs | US$1.55m | 2.48% € 6.4m | |
| Executive VP & COO | 4.8yrs | US$363.95k | 0.0034% € 8.8k | |
| Senior VP & Chief Credit Officer | 20.8yrs | US$328.54k | 0.65% € 1.7m | |
| Senior VP & CFO | less than a year | no data | 0.00025% € 647.8 | |
| SVP & Chief Risk Officer | 1.8yrs | no data | 0.00047% € 1.2k | |
| Corporate Secretary | no data | no data | no data | |
| Senior VP & Chief Lending Officer | no data | no data | 0.032% € 81.9k |
4.8yrs
Average Tenure
66yo
Average Age
Experienced Management: PAV's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.6yrs | US$1.55m | 2.48% € 6.4m | |
| Independent Director | 19.8yrs | US$147.50k | 0.047% € 121.7k | |
| Independent Director | 17.6yrs | US$129.51k | 1.39% € 3.6m | |
| Chairman Emeritus | 1.8yrs | US$311.55k | no data | |
| Independent Director | 17.6yrs | US$126.17k | 2.17% € 5.6m | |
| Independent Director | 17.6yrs | US$99.15k | 1.62% € 4.2m | |
| Independent Vice Chairman of the Board | 17.6yrs | US$153.00k | 1.48% € 3.8m | |
| Independent Chairman of the Board | 19.8yrs | US$290.10k | 1.09% € 2.8m | |
| Director | 4.8yrs | US$120.00k | 0.44% € 1.1m |
17.6yrs
Average Tenure
72yo
Average Age
Experienced Board: PAV's board of directors are seasoned and experienced ( 17.6 years average tenure).