CFSB Bancorp Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Mike McFarland
Chief executive officer
US$763.1k
Total compensation
| CEO salary percentage | 41.7% |
| CEO tenure | 30.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | no data |
| Board average tenure | 27.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$373k |
| Sep 30 2023 | n/a | n/a | US$924k |
| Jun 30 2023 | US$763k | US$318k | US$1m |
| Mar 31 2023 | n/a | n/a | US$2m |
| Dec 31 2022 | n/a | n/a | US$722k |
| Sep 30 2022 | n/a | n/a | US$615k |
| Jun 30 2022 | US$359k | US$308k | US$442k |
| Mar 31 2022 | n/a | n/a | US$274k |
| Dec 31 2021 | n/a | n/a | US$2m |
| Sep 30 2021 | n/a | n/a | US$1m |
| Jun 30 2021 | US$349k | US$281k | US$1m |
Compensation vs Market: Mike's total compensation ($USD763.09K) is about average for companies of similar size in the US market ($USD668.06K).
Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mike McFarland (69 yo)
30.3yrs
Tenure
US$763,091
Compensation
Mr. Michael E. McFarland, also known as Mike, has been Chief Executive Officer and President at CFSB Bancorp, Inc. and Colonial Federal Savings Bank since January 2012. His position as President and Chief...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 30.3yrs | US$763.09k | 0.69% $ 305.0k | |
| Corporate Secretary & Independent Director | 6.3yrs | US$131.69k | 0.18% $ 77.2k | |
| Independent Director | 35.3yrs | US$138.29k | 0.29% $ 127.5k | |
| Independent Director | 44.3yrs | US$132.25k | 0.33% $ 144.7k | |
| Independent Chairman of the Board | 10.3yrs | US$131.94k | 0.33% $ 144.7k | |
| Independent Director | 24.3yrs | US$133.17k | 0.39% $ 172.2k | |
| Independent Director | 27.3yrs | US$133.46k | 0.33% $ 144.7k |
27.3yrs
Average Tenure
76yo
Average Age
Experienced Board: CFSB's board of directors are seasoned and experienced ( 27.3 years average tenure).