Northeast Community Bancorp Management
Management criteria checks 4/4
Northeast Community Bancorp's CEO is Kenneth Martinek, appointed in Jul 2006, has a tenure of 17.83 years. total yearly compensation is $900.51K, comprised of 58.3% salary and 41.7% bonuses, including company stock and options. directly owns 2.38% of the company’s shares, worth $4.45M. The average tenure of the management team and the board of directors is 12.3 years and 14.6 years respectively.
Key information
Kenneth Martinek
Chief executive officer
US$900.5k
Total compensation
| CEO salary percentage | 58.3% |
| CEO tenure | 17.8yrs |
| CEO ownership | 2.4% |
| Management average tenure | 12.3yrs |
| Board average tenure | 14.6yrs |
Recent management updates
Recent updates
Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10
Mar 26
Northeast Community Bancorp (NASDAQ:NECB) Is Paying Out A Dividend Of $0.06
Dec 26With EPS Growth And More, Northeast Community Bancorp (NASDAQ:NECB) Makes An Interesting Case
Nov 04Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06
Jun 27Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06
Apr 01This Analyst Just Wrote A Brand New Outlook For Northeast Community Bancorp, Inc.'s (NASDAQ:NECB) Business
Feb 15Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06
Dec 20Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06
Oct 04Northeast Community Bancorp declares $0.06 dividend
Sep 29Northeast Community Bancorp GAAP EPS of $0.35 beats by $0.07, revenue of $14.08M beats by $0.44M
Jul 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$46m |
| Dec 31 2023 | US$901k | US$525k | US$46m |
| Sep 30 2023 | n/a | n/a | US$42m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$32m |
| Dec 31 2022 | US$3m | US$525k | US$25m |
| Sep 30 2022 | n/a | n/a | US$21m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$12m |
| Dec 31 2021 | US$775k | US$505k | US$12m |
| Sep 30 2021 | n/a | n/a | US$11m |
| Jun 30 2021 | n/a | n/a | US$14m |
| Mar 31 2021 | n/a | n/a | US$12m |
| Dec 31 2020 | US$588k | US$400k | US$12m |
| Dec 31 2019 | US$594k | US$389k | US$13m |
| Dec 31 2018 | US$593k | US$388k | US$13m |
| Dec 31 2017 | US$426k | US$353k | US$8m |
Compensation vs Market: Kenneth's total compensation ($USD900.51K) is below average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Kenneth's compensation has been consistent with company performance over the past year.
CEO
Kenneth Martinek (71 yo)
17.8yrs
Tenure
US$900,505
Compensation
Mr. Kenneth A. Martinek served as the Chairman and Chief Executive Officer of Northeast Community Bancorp, MHC. Mr. Martinek has also been the Chairman and Chief Executive Officer at Northeast Community Ba...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.8yrs | US$900.51k | 2.38% $ 4.4m | |
| President | 12.3yrs | US$660.05k | 0.94% $ 1.8m | |
| Executive VP & CFO | 10.8yrs | US$478.65k | 0.48% $ 891.2k | |
| Corporate Secretary | no data | no data | no data |
12.3yrs
Average Tenure
68yo
Average Age
Experienced Management: NECB's management team is seasoned and experienced (12.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.8yrs | US$900.51k | 2.38% $ 4.4m | |
| President | 10.8yrs | US$660.05k | 0.94% $ 1.8m | |
| Independent Director | 23.3yrs | US$51.19k | 0.42% $ 789.0k | |
| Independent Director | 1.9yrs | US$107.09k | 0.023% $ 42.7k | |
| Director | 22.3yrs | no data | 0.26% $ 481.0k | |
| Independent Director | 32.3yrs | US$52.94k | 0.13% $ 243.0k | |
| Independent Director | 17.5yrs | US$51.44k | 0.30% $ 553.6k | |
| Independent Director | 11.7yrs | US$52.19k | 0.24% $ 450.4k | |
| Independent Director | 8.3yrs | US$46.19k | 0.15% $ 286.6k | |
| Independent Director | 6.3yrs | US$65.69k | 0.21% $ 386.5k |
14.6yrs
Average Tenure
69yo
Average Age
Experienced Board: NECB's board of directors are seasoned and experienced ( 14.6 years average tenure).