Blue Foundry Bancorp Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Jim Nesci (50 yo)

3.83yrs

Tenure

US$1,278,527

Compensation

Mr. James D. Nesci, also known as Jim, serves as Chief Executive Officer at Blue Foundry Bank since June 01, 2018 and has been its President since 2018. He is Chief Executive Officer at Blue Foundry Bancor...


CEO Compensation Analysis

How has Jim Nesci's remuneration changed compared to Blue Foundry Bancorp's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

-US$18m

Jun 30 2022n/an/a

-US$34m

Mar 31 2022n/an/a

-US$35m

Dec 31 2021US$1mUS$700k

-US$36m

Sep 30 2021n/an/a

-US$18m

Jun 30 2021n/an/a

-US$5m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$852kUS$697k

-US$32m

Compensation vs Market: Jim's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD2.69M).

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
James Nesci
President4.42yrsUS$1.28m0.16%
$ 584.5k
Elizabeth Miller
Executive VP & Chief Retail Officer4.08yrsUS$419.10k0.095%
$ 340.3k
Kelly Pecoraro
Executive VP & CFO0.50yrno data0.018%
$ 64.0k
Alex Malkiman
Executive VP & Chief Technology Officer0.67yrno datano data
Elyse Beidner
Executive VP & Chief Legal Officer18.83yrsno data0.080%
$ 285.2k
Acela Roselle
Executive VP & Human Resources Director23.83yrsno data0.080%
$ 285.2k
Thomas Packwood
Senior VP & Chief Audit Executive11.83yrsno data0.025%
$ 91.0k
Alex Agnoletto
VP & Controller1.67yrsno data0.0042%
$ 15.0k
Jason Goldberg
Executive VP & Chief Lending Officer1.17yrsno datano data

4.1yrs

Average Tenure

53yo

Average Age

Experienced Management: BLFY's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Nesci
President3.83yrsUS$1.28m0.16%
$ 584.5k
Kenneth Grimbilas
Independent Chairman of the Board25.83yrsUS$99.56k0.36%
$ 1.3m
James Ely
Independent Vice Chairman of the Board25.83yrsUS$81.00k0.24%
$ 872.3k
Margaret Letsche
Independent Director7.83yrsUS$75.00k0.23%
$ 834.3k
Jonathan Shaw
Independent Director12.83yrsUS$75.50k0.25%
$ 875.0k
Patrick Kinzler
Independent Director10.83yrsUS$75.00k0.29%
$ 1.1m
Robert Goldstein
Independent Director7.83yrsUS$72.00k0.28%
$ 1.0m
Mirella Lang
Independent Director1.92yrsUS$71.75k0.17%
$ 621.4k

9.3yrs

Average Tenure

61yo

Average Age

Experienced Board: BLFY's board of directors are considered experienced (9.3 years average tenure).