ESSA Bancorp Management
Management criteria checks 4/4
ESSA Bancorp's CEO is Gary Olson, appointed in Jan 2006, has a tenure of 18.25 years. total yearly compensation is $1.12M, comprised of 50.1% salary and 49.9% bonuses, including company stock and options. directly owns 1.39% of the company’s shares, worth $2.16M. The average tenure of the management team and the board of directors is 18.3 years and 8.6 years respectively.
Key information
Gary Olson
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 50.1% |
| CEO tenure | 18.3yrs |
| CEO ownership | 1.4% |
| Management average tenure | 18.3yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Here's Why ESSA Bancorp, Inc.'s (NASDAQ:ESSA) CEO Compensation Is The Least Of Shareholders' Concerns
Feb 25
How Much Did ESSA Bancorp's (NASDAQ:ESSA) CEO Pocket Last Year?
Jan 28
Recent updates
ESSA Bancorp (NASDAQ:ESSA) Has Announced A Dividend Of $0.15
Nov 19ESSA Bancorp (NASDAQ:ESSA) Has Affirmed Its Dividend Of $0.15
Aug 27ESSA Bancorp (NASDAQ:ESSA) Is Due To Pay A Dividend Of $0.15
May 31ESSA Bancorp declares $0.15 dividend
Aug 24ESSA Bancorp (NASDAQ:ESSA) Is Increasing Its Dividend To US$0.15
Jun 10Here's Why ESSA Bancorp, Inc.'s (NASDAQ:ESSA) CEO Compensation Is The Least Of Shareholders' Concerns
Feb 25ESSA Bancorp declares $0.12 dividend
May 26Here's Why I Think ESSA Bancorp (NASDAQ:ESSA) Might Deserve Your Attention Today
May 02ESSA Bancorp, Inc. (NASDAQ:ESSA) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Mar 10What Makes ESSA Bancorp, Inc. (NASDAQ:ESSA) A Great Dividend Stock?
Feb 23How Much Did ESSA Bancorp's (NASDAQ:ESSA) CEO Pocket Last Year?
Jan 28Do Institutions Own ESSA Bancorp, Inc. (NASDAQ:ESSA) Shares?
Dec 24ESSA Bancorp goes ex-dividend tomorrow
Dec 14How Does ESSA Bancorp, Inc. (NASDAQ:ESSA) Fare As A Dividend Stock?
Nov 19ESSA Bancorp EPS beats by $0.05, beats on revenue
Oct 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$18m |
| Dec 31 2023 | n/a | n/a | US$18m |
| Sep 30 2023 | US$1m | US$561k | US$19m |
| Jun 30 2023 | n/a | n/a | US$20m |
| Mar 31 2023 | n/a | n/a | US$20m |
| Dec 31 2022 | n/a | n/a | US$20m |
| Sep 30 2022 | US$1m | US$534k | US$20m |
| Jun 30 2022 | n/a | n/a | US$18m |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | n/a | n/a | US$17m |
| Sep 30 2021 | US$1m | US$494k | US$16m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | US$16m |
| Dec 31 2020 | n/a | n/a | US$15m |
| Sep 30 2020 | US$951k | US$463k | US$14m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$14m |
| Dec 31 2019 | n/a | n/a | US$13m |
| Sep 30 2019 | US$973k | US$441k | US$13m |
| Jun 30 2019 | n/a | n/a | US$12m |
| Mar 31 2019 | n/a | n/a | US$12m |
| Dec 31 2018 | n/a | n/a | US$11m |
| Sep 30 2018 | US$724k | US$420k | US$7m |
| Jun 30 2018 | n/a | n/a | US$5m |
| Mar 31 2018 | n/a | n/a | US$4m |
| Dec 31 2017 | n/a | n/a | US$4m |
| Sep 30 2017 | US$754k | US$420k | US$7m |
Compensation vs Market: Gary's total compensation ($USD1.12M) is below average for companies of similar size in the US market ($USD1.60M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Olson (69 yo)
18.3yrs
Tenure
US$1,120,499
Compensation
Mr. Gary S. Olson has been the President and Chief Executive Officer at ESSA Bancorp, Inc. and its subsidiary ESSA Bank & Trust since 2000. Mr. Olson began his career at ESSA Bank & Trust in 1977. He has b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.3yrs | US$1.12m | 1.39% $ 2.2m | |
| Senior EVP & COO | 2.3yrs | US$626.12k | 0.42% $ 650.5k | |
| Executive VP & Chief Risk Officer | 2.3yrs | US$564.03k | 0.52% $ 801.7k | |
| Executive VP & CFO | 18.3yrs | US$521.66k | 1.39% $ 2.1m | |
| Corporate Secretary & Investor and Community Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Chief Human Resource Officer & Senior VP | 24.3yrs | US$388.33k | 1.51% $ 2.3m | |
| Senior VP & Controller | no data | no data | 0.26% $ 408.6k |
18.3yrs
Average Tenure
62yo
Average Age
Experienced Management: ESSA's management team is seasoned and experienced (18.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.3yrs | US$1.12m | 1.39% $ 2.2m | |
| Director Emeritus | no data | US$39.99k | no data | |
| Independent Director | 18.3yrs | US$65.26k | 0.38% $ 580.9k | |
| Director Emeritus | 9.1yrs | US$41.50k | no data | |
| Director Emeritus | no data | US$78.23k | no data | |
| Independent Chairman of the Board | 18.3yrs | US$103.36k | 1.11% $ 1.7m | |
| Independent Director | 18.3yrs | US$66.06k | 0.67% $ 1.0m | |
| Independent Director | 5.8yrs | US$62.70k | 0.096% $ 148.2k | |
| Independent Director | 8.1yrs | US$68.70k | 0.095% $ 147.2k | |
| Independent Director | 8.1yrs | US$64.19k | 0.093% $ 143.9k | |
| Independent Director | 3.3yrs | US$61.20k | 0.045% $ 70.3k | |
| Independent Director | 3.3yrs | US$58.81k | 0.045% $ 70.3k |
8.6yrs
Average Tenure
66.5yo
Average Age
Experienced Board: ESSA's board of directors are considered experienced (8.6 years average tenure).