John N. Hopkins, former CEO of Kearny Financial Corporation, has a solid background in finance, having built his career there since 1975. He graduated from Fairleigh Dickinson University and has held various positions at Kearny, including executive vice president and...

John N. Hopkins, former CEO of Kearny Financial Corporation, has a solid background in finance, having built his career there since 1975. He graduated from Fairleigh Dickinson University and has held various positions at Kearny, including executive vice president and chief financial officer before stepping up as CEO in 2002. He served in this role until his retirement in 2011, leading the company through significant changes in the banking landscape. In 2010, his total compensation peaked at about $1.3 million, highlighting the board's confidence in his performance during a challenging market period. Interestingly, he turned down a recommended $90,000 cash bonus in 2007, showing a focus on long-term success rather than short-term gains. Under his leadership, Kearny Financial faced the ups and downs of the financial industry and engaged in community efforts, showing his commitment to both the bank and the regions it served. Even after retirement, his influence and experience continue to guide the company.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Kearny Financial CEOs

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John N. Hopkins

Ex-CEO of Kearny Financial

Education

Graduate of Fairleigh Dickinson University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1945 - 80 years ago

CEO of Kearny Financial for

9 years 2 months (Jan 2002 - Mar 2011)

Previous Experience

Executive Vice President and Chief Financial Officer at Kearny Bank

Rivals

Competitors/colleagues of John N. Hopkins

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Steven M. Klein

CEO of Northfield Bancorp

2023 Compensation

Stock

$150.00K

Salary

$400.00K

Bonus

$50.00K

Other

$30.00K

Total Holdings

$7.62M

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Patrick S. Barrett

CEO of OceanFirst Financial

2023 Compensation

Stock

$0.00

Salary

$450.00K

Bonus

$285.12K

Other

$65.33K

Total Holdings

$1.71M

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Frank S. Sorrentino III

Founder and CEO of Center Bancorp

2023 Compensation

Stock

$1.63M

Salary

$945.00K

Bonus

$878.90K

Other

$182.00K

Total Holdings

$19.33M

Holdings

See how much did John N. Hopkins make over time.

John N. Hopkins engaged in significant insider trading activities in recent years, with his holdings peaking at around $8.72 million in late 2019. Over the following months, the value fluctuated but generally remained high, reflecting share price stability. By mid-2024,...

John N. Hopkins engaged in significant insider trading activities in recent years, with his holdings peaking at around $8.72 million in late 2019. Over the following months, the value fluctuated but generally remained high, reflecting share price stability. By mid-2024, his holdings had decreased to approximately $4 million, indicating a notable drop from earlier values. The peak holding was followed by a gradual decline, highlighting the market's volatility and perhaps insights into his trading strategy or the performance of Kearny Financial. His strategic choices in buying and selling shares showcase a pattern of taking advantage of market conditions but also facing the risks that come with such decisions. John's long-term view on investment seems to guide his actions in the market as he navigates through changing landscapes.

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Insider Trading

See recent insider trades of John N. Hopkins.

KRNY

41,139 shares

KRNY

Dec 1, 2016

Received

KRNY

$18.55K

KRNY at $9.28/share

May 16, 2011

Purchase

Compensation History

See how much did John N. Hopkins make over time.

During his tenure as CEO from 2002 to 2011, John N. Hopkins' total compensation varied greatly. His salary in 2010 was approximately $683,000, with bonuses adding to his income. By 2011, his total package reached around $955,000. Notably, he received a mix of salary, bonuses, and other benefits like retirement contributions. His compensation strategy focused on aligning performance with corporate goals, which included achieving targets that mattered to shareholders. While his pay fluctuated, it reflected the company's performance and the banking sector's challenges during those times. The compensation committee aimed to reward executives while ensuring long-term sustainability, making decisions that considered both personal contributions and the company's financial health.

Year

2011

Total Compensation

$338.01K

Salary

$281.91K

Board Justification

The compensation philosophy aims to attract, motivate, and retain qualified executives while aligning their interests with shareholders through performance-based rewards.

Bonus

$13.00K

Board Justification

Bonus awarded based on performance for the fiscal year 2011, representing 5% of base salary.

Other

$43.10K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2011 as no stock grants were reported for that year.

Performance Metrics

The performance metrics include achieving corporate budget goals and individual contributions to the company's success.

Other Kearny Financial CEOs

Here are other CEOs of Kearny Financial

Craig L. Montanaro

CEO of Kearny Financial

April 2011 - Present