PFS Bancorp Management
Management criteria checks 1/4
PFS Bancorp's CEO is Eric Heagy, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is $316.41K, comprised of 64.8% salary and 35.2% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $18.66K. The average tenure of the management team and the board of directors is 0.6 years and 0.6 years respectively.
Key information
Eric Heagy
Chief executive officer
US$316.4k
Total compensation
| CEO salary percentage | 64.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$1m |
| Dec 31 2023 | US$316k | US$205k | US$1m |
| Sep 30 2023 | n/a | n/a | US$818k |
| Jun 30 2023 | n/a | n/a | US$777k |
| Mar 31 2023 | n/a | n/a | US$838k |
| Dec 31 2022 | US$238k | US$205k | US$831k |
Compensation vs Market: Eric's total compensation ($USD316.41K) is below average for companies of similar size in the US market ($USD661.15K).
Compensation vs Earnings: Eric's compensation has increased by more than 20% in the past year.
CEO
Eric Heagy (48 yo)
less than a year
Tenure
US$316,410
Compensation
Mr. Eric J. Heagy, C.P.A. serves as President, Chief Executive and Chief Financial Officer of Peru Federal since 2007. Mr. Heagy graduated from Illinois State University with a bachelor’s degree in account...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$316.41k | 0.13% $ 18.7k | |
| Senior VP & Chief Lending Officer - Peru Federal Savings Bank | 12.3yrs | US$148.02k | 0.13% $ 18.7k | |
| Corporate Secretary & Director | less than a year | US$204.22k | no data |
0.6yrs
Average Tenure
52yo
Average Age
Experienced Management: PFSB's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$316.41k | 0.13% $ 18.7k | |
| Corporate Secretary & Director | less than a year | US$204.22k | no data | |
| Independent Chairman of the Board | less than a year | US$66.08k | 0.97% $ 139.9k | |
| Independent Director | less than a year | US$35.00k | 2.27% $ 328.9k | |
| Independent Vice Chairman of the Board | less than a year | US$107.00k | 2.58% $ 373.2k | |
| Independent Director | less than a year | US$35.00k | 1.61% $ 233.3k |
0.6yrs
Average Tenure
61.5yo
Average Age
Experienced Board: PFSB's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.