In 2022, Christopher D. Maher earned $1.97M in total compensation at OceanFirst Financial, including $950.00K salary and $899.78K bonus. Most recently sold 10,713 shares in Mar 2024. Currently holds stock worth $6.69M. Led OceanFirst Financial as CEO for 8 years.
Compensation History
Annual executive compensation data for Christopher D. Maher, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.97M
Salary
$950.00K
Bonus
$899.78K
Other
$123.61K
Salary
$950.00KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate executives while aligning their interests with those of stockholders, incorporating both fixed and performance-based elements.
Bonus
$899.78KBoard Justification
The cash incentive compensation for 2022 was based on the performance of the Company, the Bank, and individual performance against established goals, resulting in a payout of 116% of the target bonus.
Other Compensation
$123.61KBoard Justification
Other compensation includes contributions to the Employee Stock Ownership Plan, 401(k) match, SERP allocation, life insurance premiums, automobile benefits, club dues, and executive physicals.
Restricted Stock
Board Justification
No stock was vested in 2022 as the focus was on performance-based and time-based restricted stock that will vest in future years.
Performance Metrics
Performance metrics for 2022 included Core Earnings, Core Efficiency Ratio, Internal Controls, and ESG measures.
Christopher D. Maher
Ex-CEO of OceanFirst Financial
Education
MBA from Harvard Business School
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1963 - 62 years ago
CEO of OceanFirst Financial for
8 years 7 months (Aug 2013 - Mar 2022)
Previous Experience
Executive Vice President and Chief Operating Officer at OceanFirst
Holdings
Track Christopher D. Maher's stock holdings and portfolio value over time.
Total Stock Sold
$767.15K
$767.15K
38,824 OCFC shares
What if they kept their stock?
If Christopher D. Maher didn't sell their stock, today they would have:
Extra OCFC38,824 shares worth $750.47K.
This is -2.17% and $16.68K less than what they got when they sold the stock.
Insider Trading
Christopher D. Maher's recent stock transactions, purchases, and sales filed with the SEC.
$159.62K
OCFC at $14.90/share
Mar 5, 2024
Sale
87,190 shares
OCFC
Feb 28, 2024
Received
$26.21K
OCFC at $13.10/share
May 12, 2023
Purchase
$26.23K
OCFC at $13.12/share
May 10, 2023
Purchase
$13.34K
OCFC at $13.34/share
May 9, 2023
Purchase
$15.26K
OCFC at $15.26/share
Apr 27, 2023
Purchase
56,917 shares
OCFC
Feb 28, 2023
Received
$488.29K
OCFC at $22.17/share
Mar 7, 2022
Sale
60,320 shares
OCFC
Feb 28, 2022
Received
$61.03K
OCFC at $23.11/share
Mar 3, 2021
Sale
Rivals
Compare Christopher D. Maher with competitor CEOs and industry peers.
Kevin S. Kim
CEO of Hope Bancorp
2023 Compensation
Stock
$700.98K
Salary
$1.05M
Bonus
$1.05K
Other
$60.71K
Total Holdings
$1.27M
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K
Anthony Labozzetta
CEO of Provident Financial Services
2023 Compensation
Stock
$61.82K
Salary
$818.27K
Bonus
$309.38K
Other
$121.55K
Total Holdings
$20.11K
H. Palmer Proctor, Jr.
CEO of Ameris Bancorp
2023 Compensation
Stock
$1.90M
Salary
$925.00K
Bonus
$1.44M
Other
$98.20K
Total Holdings
$1.46M
Jeffrey M. Schweitzer
CEO of Univest Financial Corporation
2022 Compensation
Stock
$0.00
Salary
$806.00K
Bonus
$250.57K
Other
$26.25K
Total Holdings
$127.87K