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Northfield Bancorp Executive Compensation (FY24)

NFBK · Executive and director compensation, fiscal 2022 to 2024
Data as of September 7, 2026Latest filing (8-K): May 30, 2025
194 figures on this page: 184 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Steven Klein was paid $1,477,009 in total compensation as President and Chief Executive Officer for fiscal 2024, and compared with the $1,227,780 reported for fiscal 2023, Klein's total was 20.3% higher. Meanwhile, shareholders supported the say-on-pay proposal with 94.6% of votes cast for or against in favor at the meeting held May 28, 2025 for fiscal 2024. Separately, the disclosed peer group includes ACNB Corp., BCB Bancorp, Inc., CNB Financial Corporation, Columbia Financial, Inc. and ConnectOne Bancorp, Inc., among others. The company reported 5 named executive officers for fiscal 2024.
Chief executive, fiscal 2024
◇
Steven Klein
Latest say-on-pay support
=
May 28, 2025
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Steven Klein: $1,227,780 → $1,477,009 (20.3% higher)
Say-on-pay support: 95.7% → 94.6% (1.1 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Northfield Bancorp's chief executive and what were they paid?
Steven Klein was paid $1,477,009 in total compensation as President and Chief Executive Officer for fiscal 2024. Compared with the $1,227,780 reported for fiscal 2023, Klein's total was 20.3% higher.
What was Northfield Bancorp's say-on-pay result?
Shareholders supported the say-on-pay proposal with 94.6% of votes cast for or against in favor at the meeting held May 28, 2025 for fiscal 2024.
Which companies are in Northfield Bancorp's peer group?
The disclosed peer group includes ACNB Corp., BCB Bancorp, Inc., CNB Financial Corporation, Columbia Financial, Inc. and ConnectOne Bancorp, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven Klein
President and Chief Executive Officer
◇—◇—◇—◇◇
William Jacobs
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
David Fasanella
Executive Vice President and Chief Lending Officer
◇—◇—◇—◇◇
Robin Lefkowitz
Executive Vice President and Chief Branch Administration, Deposit Operations and Business Development Officer
◇◇◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven Klein
President and Chief Executive Officer
◇—◇———◇◇
William Jacobs
Executive Vice President and Chief Financial Officer
◇◇◇———◇◇
David Fasanella
Executive Vice President and Chief Lending Officer
◇◇◇———◇◇
Robin Lefkowitz
Executive Vice President and Chief Branch Administration, Deposit Operations and Business Development Officer
◇◇◇———◇◇
Tara French
Executive Vice President and Chief Risk Officer
◇—◇———◇◇
Vickie Tomasello
Executive Vice President and Chief Risk Officer
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven Klein
President and Chief Executive Officer
◇—◇—◇—◇◇
William Jacobs
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
David Fasanella
Executive Vice President and Chief Lending Officer
◇—◇—◇—◇◇
Robin Lefkowitz
Executive Vice President and Chief Branch Administration, Deposit Operations and Business Development Officer
◇◇◇—◇—◇◇
Vickie Tomasello
Executive Vice President and Chief Risk Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David V. FasanellaPSU◇◇◇◇◇—◇
Robin LefkowitzPSU◇◇◇◇◇—◇
Steven M. KleinPSU◇◇◇◇◇—◇
Vickie TomaselloPSU◇◇◇◇◇—◇
William R. JacobsPSU◇◇◇◇◇—◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Vickie TomaselloRSU◇◇——
David FasanellaRSU◇◇——
Steven KleinRSU◇◇——
Robin LefkowitzRSU◇◇——
William JacobsRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy C. Harrison
◇◇———◇◇
Annette Catino
◇◇———◇◇
Paul V. Stahlin
◇◇———◇◇
Patrick L. Ryan
◇◇———◇◇
Karen J. Kessler
◇◇———◇◇
John P. Connors, Jr
◇◇———◇◇
Gil Chapman
◇◇———◇◇
Frank P. Patafio
◇◇———◇◇
Rachana Kulkarni
◇◇————◇
Gualberto (Gil) Medina
◇◇———◇◇
Steven M. Klein served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • ACNB Corp. ACNB
  • BCB Bancorp, Inc. BCBP
  • CNB Financial Corporation CCNE
  • Columbia Financial, Inc. CLBK
  • ConnectOne Bancorp, Inc. CNOB
  • First Bank FRBA
  • First of Long Island Corporation FLIC
  • Flushing Financial Corporation FFIC
  • Kearny Financial Corp. KRNY
  • Lakeland Bancorp, Inc. LBAI
  • Mid Penn Bancorp, Inc. MPB
  • OceanFirst Financial Corp. OCFC
  • Orrstown Financial Services ORRF
  • Peapack-Gladstone Financial PGC
  • Peoples Financial Services PFIS
  • Provident Financial Services, Inc. PFS
  • Shore Bancshares, Inc. SHBI
  • Tompkins Financial Corporation TMP
  • Unity Bancorp UNTY
  • Univest Financial Corporation UVSP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024May 28, 2025=◇◇◇
2023May 22, 2024=◇◇◇
2022May 24, 2023=◇◇◇
2021May 25, 2022=◇◇◇
2020May 26, 2021=◇◇◇
2019May 27, 2020=◇◇◇
2018May 22, 2019=◇◇◇
2017May 23, 2018=◇◇◇
2016May 24, 2017=◇◇◇
2015May 25, 2016=◇◇◇
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What this page does not include

Everything above is a fact Northfield Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Northfield Bancorp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
194 figures on this page: 184 cited to the filing that reported them, 10 calculated from figures it prints.
184 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001493225-25-000067
  2. 0001493225-25-000050
    ADVISORY VOTE ON EXECUTIVE COMPENSATION ....................... · Director Compensation · Summary Compensation Table
  3. 0001493225-24-000097
  4. 0001493225-24-000073
    Summary Compensation Table
  5. 0001493225-23-000084
  6. 0001140361-23-018388
    Summary Compensation Table
  7. 0001493225-22-000063
  8. 0001493225-21-000074
  9. 0001493225-20-000082
  10. 0001493225-19-000045
  11. 0001493225-18-000044
  12. 0001493225-17-000038
  13. 0001493225-16-000165
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Velarion, “Northfield Bancorp executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/NFBK (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Northfield Bancorp discloses

The companies named in NFBK's own disclosed peer group.

ACNB Corp.BCB Bancorp, Inc.CNB Financial CorporationColumbia Financial, Inc.ConnectOne Bancorp, Inc.First BankFlushing Financial CorporationKearny Financial Corp.Mid Penn Bancorp, Inc.OceanFirst Financial Corp.Orrstown Financial ServicesPeapack-Gladstone FinancialPeoples Financial ServicesProvident Financial Services, Inc.Shore Bancshares, Inc.Tompkins Financial CorporationUnity BancorpUnivest Financial Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy