Douglas Gordon is the CEO of Waterstone Financial, Inc. and has been with the company in various roles since 2005. He became Chief Executive Officer in 2007, steering the company through various market conditions. His compensation structure is performance-based, emphasizing...
Douglas Gordon is the CEO of Waterstone Financial, Inc. and has been with the company in various roles since 2005. He became Chief Executive Officer in 2007, steering the company through various market conditions. His compensation structure is performance-based, emphasizing results like earnings per share and loan growth. In 2022, he earned a total compensation of approximately $1.19 million, which included a base salary of $875,000 and performance-based stock worth around $131,250. There's an interesting trend in his holdings; from 2019 to 2021, the value significantly increased, peaking at over $12 million before gradually declining. Douglas has a diverse financial background and has made strategic decisions that focus on enhancing shareholder value. Moreover, he's committed to the company’s growth and sustainability, backed by performance metrics that ensure the company’s profitability. Beyond finance, he's been a director in multiple roles, showing his influence and expertise in the industry. He also benefits from a solid employment agreement that includes perks like annual country club dues and an automobile allowance. Douglas is focused on aligning executive compensation with company performance, making sure that incentives match the outcomes.