The president and CEO of CNB Bank – the Pennsylvania lender that operates Bank on Buffalo in Western New York – received an executive compensation package worth $1.6 million in 2018.
That’s up 24.2 percent from the prior year when Joseph Bower Jr.’s pay package was $1.3 million. The main reasons for the hike: an uptick in base salary to $572,000 a year, an increase in pension value and a big rise in bonus payments.
Bower was the highest-paid executive last year. The filing says his compensation…
