Sundar PichaiSundar Pichai earned $164M in 2023
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Damian Kozlowski

Founder and CEO of The Bancorp

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Born

May 1, 1965 - 59 years ago

Economy Sector

Financial Services

Current Tenure

8 years 8 months (Jun 2016 - Present)

Previous Experience

CEO of Modern Bank, N.A.

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...

Year

2023

Total Compensation

$3.78M

Salary

$750.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning CEO compensation with the company's financial performance and peer benchmarking.

Bonus

$3.00M

Board Justification

The cash bonus for 2023 was increased to $3 million, which was 4x base salary, reflecting improved financial performance.

Other

$26.59K

Board Justification

Other compensation includes contributions to the 401(k) savings plan, insurance premiums, and financial services provided to the CEO.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023, only stock grants and options are included in the total calculations.

Performance Metrics

The performance metrics for determining the CEO's compensation included achieving pre-established financial goals related to return on assets (ROA) and return on equity (ROE).