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The charts on this page feature a breakdown of the total annual pay for the top executives at VALLEY NATIONAL BANCORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. VALLEY NATIONAL BANCORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. VALLEY NATIONAL BANCORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Ira Robbins
CEO
Total Cash $2,462,500 Equity $3,060,578 Other $487,257 Total Compensation $6,010,335
Thomas A. Iadanza
President and Chief Banking Officer
Total Cash $1,545,000 Equity $844,300 Other $253,583 Total Compensation $2,642,883
Michael D. Hagedorn
Senior EVP and CFO
Total Cash $1,091,000 Equity $765,148 Other $89,446 Total Compensation $1,945,594
Joseph V. Chillura
Senior EVP, Commercial Banking
Total Cash $927,000 Equity $527,688 Other $145,186 Total Compensation $1,599,874
Raja A. Dakkuri
Senior EVP and Chief Risk Officer
Total Cash $908,000 Equity $633,226 Other $2,709,118 Total Compensation $4,250,344
For its 2022 fiscal year, VALLEY NATIONAL BANCORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Ira Robbins CEO Pay $6,010,335 Median Employee Pay $75,351 CEO Pay Ratio 80:1
For its 2022 fiscal year, VALLEY NATIONAL BANCORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Andrew B. Abramson Total Cash $173,490
Avner Mendelson Total Cash $872,282
Eric P. Edelstein Total Cash $218,490
Jeffrey S. Wilks Total Cash $173,490
Jennifer W. Steans Total Cash $160,990
Lisa J. Schultz Total Cash $184,990
Marc J. Lenner Total Cash $180,990
Peter J. Baum Total Cash $162,490
Peter V. Maio Total Cash $177,157
Ronen Agassi Total Cash $133,990
Sidney S. Williams, Jr. Total Cash $162,490
Suresh L. Sani Total Cash $180,990

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.