Kearny Financial Management
Management criteria checks 4/4
Kearny Financial's CEO is Craig Montanaro, appointed in Apr 2011, has a tenure of 13.5 years. total yearly compensation is $1.74M, comprised of 42.4% salary and 57.6% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth $2.28M. The average tenure of the management team and the board of directors is 6.3 years and 21.5 years respectively.
Key information
Craig Montanaro
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 42.4% |
| CEO tenure | 13yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6.3yrs |
| Board average tenure | 21.5yrs |
Recent management updates
Recent updates
Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11
Feb 01
Kearny Financial (NASDAQ:KRNY) Is Due To Pay A Dividend Of $0.11
Aug 01Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11
Oct 30Kearny Financial Aggressively Buying Back Shares
Sep 30Kearny Financial authorizes 4M repurchase plan and completes 10% buyback
Aug 01Kearny Financial Continuing To Do What It Does Best
Jul 03Kearny Financial's Share Buybacks Improve Dividend Coverage
Mar 16Check Out Kearny Financial With Its Rising Dividends And Aggressive Share Repurchase
Dec 21Kearny Financial Corp.'s (NASDAQ:KRNY) CEO Compensation Looks Acceptable To Us And Here's Why
Oct 22Kearny Financial's Latest Buyback Could Boost Share Price
Oct 03Rapidly Growing Dividend And Share Buybacks Make Kearny Financial An Attractive Investment
Jul 06Kearny Financial commences new stock repurchase plan
May 26Do Kearny Financial's (NASDAQ:KRNY) Earnings Warrant Your Attention?
Mar 18Kearny Financial Corp. (NASDAQ:KRNY) Passed Our Checks, And It's About To Pay A US$0.09 Dividend
Feb 25How Much Are Kearny Financial Corp. (NASDAQ:KRNY) Insiders Spending On Buying Shares?
Feb 21
How Much Is Kearny Financial Corp. (NASDAQ:KRNY) CEO Getting Paid?
Jan 31Kearny Financial Corp. (NASDAQ:KRNY) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Nov 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$18m |
| Sep 30 2023 | n/a | n/a | US$34m |
| Jun 30 2023 | US$2m | US$739k | US$41m |
| Mar 31 2023 | n/a | n/a | US$40m |
| Dec 31 2022 | n/a | n/a | US$48m |
| Sep 30 2022 | n/a | n/a | US$64m |
| Jun 30 2022 | US$2m | US$675k | US$68m |
| Mar 31 2022 | n/a | n/a | US$75m |
| Dec 31 2021 | n/a | n/a | US$73m |
| Sep 30 2021 | n/a | n/a | US$72m |
| Jun 30 2021 | US$1m | US$650k | US$63m |
| Mar 31 2021 | n/a | n/a | US$58m |
| Dec 31 2020 | n/a | n/a | US$51m |
| Sep 30 2020 | n/a | n/a | US$45m |
| Jun 30 2020 | US$1m | US$577k | US$45m |
| Mar 31 2020 | n/a | n/a | US$40m |
| Dec 31 2019 | n/a | n/a | US$42m |
| Sep 30 2019 | n/a | n/a | US$42m |
| Jun 30 2019 | US$947k | US$560k | US$42m |
| Mar 31 2019 | n/a | n/a | US$41m |
| Dec 31 2018 | n/a | n/a | US$35m |
| Sep 30 2018 | n/a | n/a | US$26m |
| Jun 30 2018 | US$750k | US$450k | US$20m |
| Mar 31 2018 | n/a | n/a | US$16m |
| Dec 31 2017 | n/a | n/a | US$15m |
| Sep 30 2017 | n/a | n/a | US$19m |
| Jun 30 2017 | US$6m | US$450k | US$19m |
Compensation vs Market: Craig's total compensation ($USD1.74M) is about average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.
CEO
Craig Montanaro (57 yo)
13yrs
Tenure
US$1,743,845
Compensation
Mr. Craig L. Montanaro has been the President and Chief Executive Officer of Kearny Financial Corp. and its subsidiary Kearny Federal Savings Bank since April 1, 2011 and April 2011 respectively. Mr. Monta...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13yrs | US$1.74m | 0.64% $ 2.3m | |
| Senior Executive VP & CFO | 5.8yrs | US$878.34k | 0.14% $ 491.5k | |
| Executive VP & Chief Credit Officer | 6.8yrs | US$663.36k | 0.18% $ 628.6k | |
| Executive VP & Chief Banking Officer | 1.8yrs | US$679.34k | 0.11% $ 403.7k | |
| Executive VP & Chief Lending Officer | 22.3yrs | US$669.82k | 0.20% $ 704.2k | |
| Executive VP and Chief Technology & Innovation Officer | no data | US$766.46k | 0.083% $ 297.6k | |
| Executive VP & Chief Administrative Officer | 4.8yrs | US$548.64k | 0.33% $ 1.2m | |
| Investor Relations Associate | no data | no data | no data | |
| Executive VP & Chief Risk Officer | 8.1yrs | US$718.68k | 0.065% $ 232.8k | |
| Executive VP & Deputy CFO | less than a year | no data | no data | |
| Senior VP & Corporate Secretary | no data | no data | no data | |
| Senior VP & Director of Retail Banking of Kearny Bank | no data | no data | no data |
6.3yrs
Average Tenure
58yo
Average Age
Experienced Management: KRNY's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.5yrs | US$1.74m | 0.64% $ 2.3m | |
| Director | 20.8yrs | US$128.97k | 0.41% $ 1.5m | |
| Independent Director | 6yrs | US$106.80k | 0.097% $ 347.1k | |
| Independent Director | 25.3yrs | US$126.88k | 0.19% $ 670.0k | |
| Independent Director | 25.3yrs | US$140.44k | 0.48% $ 1.7m | |
| Independent Director | 31.3yrs | US$141.17k | 0.33% $ 1.2m | |
| Independent Chairman of the Board | 28.3yrs | US$141.98k | 0.36% $ 1.3m | |
| Independent Director | 22.3yrs | US$145.43k | 0.83% $ 3.0m | |
| Independent Director | 38.3yrs | US$140.08k | 0.24% $ 843.4k | |
| Independent Director | 8.3yrs | US$137.89k | 0.090% $ 321.1k | |
| Independent Director | 5.5yrs | US$136.40k | 0.097% $ 345.0k | |
| Independent Director | 8.3yrs | US$148.94k | 0.091% $ 324.0k |
21.5yrs
Average Tenure
68.5yo
Average Age
Experienced Board: KRNY's board of directors are seasoned and experienced ( 21.5 years average tenure).