William Penn Bancorporation Management

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

3.2yrs

Average management tenure

CEO

Ken Stephon (63 yo)

4.5yrs

Tenure

US$3,334,178

Compensation

Mr. Kenneth J. Stephon, also known as Ken, is Chairman of the Board at William Penn Bank and William Penn Bancorporation since November 18, 2020 respectively, and also serves as its Chief Executive Officer...

CEO Compensation Analysis

How has Ken Stephon's remuneration changed compared to William Penn Bancorporation's earnings?
Date	Total Comp.	Salary	Company Earnings
Dec 31 2022	n/a	n/a	US$4m
Sep 30 2022	n/a	n/a	US$4m
Jun 30 2022	US$3m	US$471k	US$4m
Mar 31 2022	n/a	n/a	US$4m
Dec 31 2021	n/a	n/a	US$4m
Sep 30 2021	n/a	n/a	US$4m
Jun 30 2021	US$646k	US$428k	US$4m
Mar 31 2021	n/a	n/a	US$2m
Dec 31 2020	n/a	n/a	US$2m
Sep 30 2020	n/a	n/a	US$1m
Jun 30 2020	US$548k	US$368k	US$1m

Compensation vs Market: Ken's total compensation ($USD3.33M) is above average for companies of similar size in the US market ($USD1.64M).

Compensation vs Earnings: Ken's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Stephon	President	4.25yrs	US$3.33m	1.64% $ 2.6m
Jonathan Logan	Executive VP	2.75yrs	US$1.19m	0.41% $ 663.2k
Jeannine Cimino	Executive VP & Chief Retail Officer	1.5yrs	US$1.33m	0.49% $ 781.6k
Amy Hannigan	Executive VP & COO	1.58yrs	no data	0.50% $ 796.1k
James Read	Senior VP & CTO	5yrs	no data	no data
Steven Gillespie	Senior VP	5yrs	no data	no data
Nicole Nielsen	SVP & Chief Human Resources Officer	2.17yrs	no data	no data
Robin Fadio	Senior Vice President of Loan Servicing Manager	3.17yrs	no data	no data
Patricia Dykes	Senior Vice President of Deposit Operations	3.17yrs	no data	no data
Karen Hunter	Senior VP & Controller	5yrs	no data	no data
Alan Turner	EVP & Chief Lending Officer	1.83yrs	no data	0.35% $ 561.5k

3.2yrs

Average Tenure

55yo

Average Age

Experienced Management: WMPN's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Stephon	President	4.5yrs	US$3.33m	1.64% $ 2.6m
Vincent Sarubbi	Independent Director	4.5yrs	US$322.55k	0.17% $ 270.1k
William Blakey Parry	Independent Director	37yrs	US$322.55k	0.45% $ 725.8k
William Feeney	Lead Independent Director	38yrs	US$327.95k	0.52% $ 826.3k
Glenn Davis	Independent Director	37yrs	US$322.55k	0.44% $ 711.6k
Craig Burton	Independent Director	30yrs	US$322.55k	0.27% $ 434.3k
Terry Sager	Director	12.67yrs	US$322.55k	0.52% $ 837.3k
D. Carmody	Independent Director	4.5yrs	US$322.55k	0.19% $ 302.8k
William Niemczura	Independent Director	2.67yrs	US$322.55k	0.19% $ 297.6k
Christopher Molden	Independent Director	2.67yrs	US$322.55k	0.21% $ 338.2k

8.6yrs

Average Tenure

68yo

Average Age

Experienced Board: WMPN's board of directors are considered experienced (8.6 years average tenure).