Damian Kozlowski is the Chief Executive Officer of The Bancorp Inc. since June 2016. He has a degree in Business Administration and expertise in finance. When he stepped in, the company was facing financial struggles and regulatory issues. Under his...
Damian Kozlowski is the Chief Executive Officer of The Bancorp Inc. since June 2016. He has a degree in Business Administration and expertise in finance. When he stepped in, the company was facing financial struggles and regulatory issues. Under his leadership, The Bancorp turned around its performance remarkably. By 2018, net income jumped to $88.7 million, up from just $21.7 million the previous year. Return on equity reached a high of 24.26%, placing the company in the top quartile compared to its peers. Kozlowski emphasized transparency in compensation, adjusting his pay to align it with company performance and shareholders’ interests. In 2023, his total compensation was $5.78 million, with a base salary of $750,000. He’s known for engaging with investors, having met with shareholders holding over half of the company’s stock. His approach includes a strong focus on reducing financial risk and improving compliance. This has included selling off higher-risk assets and boosting the company's overall stability. Kozlowski is dedicated to fostering an inclusive corporate culture and delivering innovative financial products.