Eastman CU's CEO Total Compensation in 2014 Was Almost $9.3 Million

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Title : Eastman CU's CEO Total Compensation in 2014 Was Almost $9.3 Million

Eastman CU's CEO Total Compensation in 2014 Was Almost $9.3 Million

According to Kingsport, Tennessee-based Eastman Credit Union's 2014 Form 990, the credit union's CEO, Olan O. Jones Jr., had a total compensation package of $9.26 million in 2014.

The base pay of the credit union's CEO was almost $7 million. Olan Jones Jr. also received $262,440 in bonus and incentive payments in 2014.

In addition, his retirement and other deferred compensation was almost $2 million in 2014.

Mr. Jones' compensation package in 2014 included a $6.4 million payout from a 457(b) plan.

At the end of 2014, Eastman Credit Union reported slightly more than $3 billion in assets.

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