Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Douglas Gordon

CEO of Waterstone Financial

Sector of Economy

Financial Services

CEO of Waterstone Financial for

18 years 6 months (Jan 2007 - Present)

Previous Experience

Unknown

Holdings

See how much did Douglas Gordon make over time.

Douglas Gordon's holdings have seen fluctuations over time, especially noticeable from 2019 to 2021, when his stakes peaked at about $12 million. As of 2022, his holdings saw a gradual decline to approximately $10 million. This shift reflects a dynamic...

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Charitable Transactions

WSBF

12,000 shares

WSBF

Recent Charitable Transactions

WSBF

12,000 shares

WSBF

Dec 5, 2016

Charity

Insider Trading

See recent insider trades of Douglas Gordon.

WSBF

50,000 shares

WSBF

Apr 23, 2024

Received

WSBF

5,332 shares

WSBF

Mar 6, 2024

Received

WSBF

$6.30K

WSBF at $9.91/share

Oct 26, 2023

Purchase

WSBF

12,000 shares

WSBF

Dec 5, 2016

Charity

WSBF

$47.97K

WSBF at $14.10/share

Aug 18, 2016

Received

WSBF

$1.67M

WSBF at $6.58/share

Mar 4, 2015

Received

WSBF

$631.16K

WSBF at $2.50/share

Jan 22, 2014

Received

WSBF

$45.63K

WSBF at $2.47/share

Jun 8, 2011

Purchase

WSBF

$53.57K

WSBF at $5.37/share

Jun 8, 2011

Received

Compensation History

See how much did Douglas Gordon make over time.

In 2022, Douglas Gordon’s total compensation was around $1.19 million. His base salary was $875,000, and he received additional performance-based stock grants valued at $131,250. Notably, there's been a shift in his compensation style over the years. In 2021, he had a bonus of about $541,875 as a reward for exceeding performance targets, indicating a strong performance during that period. These bonuses reflect his emphasis on achieving success in key areas like earnings per share and loan growth, which are critical metrics for Waterstone Financial. His employment agreement ensures alignment with shareholders' interests, as it allows him to benefit more when the company does well. The structure aims to balance annual salaries and performance incentives, encouraging continued dedication to the company’s progress.

Year

2022

Total Compensation

$1.08M

Salary

$875.00K

Board Justification

The compensation philosophy aims to attract and retain highly qualified executives, aligning their interests with those of shareholders and driving performance through well-designed incentive opportunities.

Bonus

$0.00

Board Justification

No bonus was awarded in 2022.

Other

$72.84K

Board Justification

Other compensation includes 401(k) match, ESOP contributions, and automobile expense allowance.

Restricted Stock

$131.25K(6.76K RSU)

Board Justification

6,755 shares of performance-based restricted stock were granted in 2022, with vesting contingent on performance metrics over a three-year period.

Performance Metrics

The performance metrics for the CEO's compensation in 2022 included earnings per share, commercial loan growth, and core deposit growth.