Scott Liske
About Scott Liske
Scott J. Liske is Vice President, Chief Risk Officer of East Wisconsin Savings Bank (EWSB), a role he has held since 2014; he is age 69 as of December 31, 2024, and is an executive officer but not a director . The 2025 proxy does not disclose his education or prior background. EWSB completed its IPO in September 2024, which limits long-horizon TSR disclosure in the proxy . Company performance context is below.
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Revenues ($USD) | 1,449,168* | 1,664,836* |
| Net Income ($USD) | -935,240* | -1,699,811* |
Values retrieved from S&P Global.*
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| East Wisconsin Savings Bank | Vice President, Chief Risk Officer | 2014–Present | Not disclosed |
External Roles
- Not disclosed in 2025 DEF 14A .
Fixed Compensation
- Scott Liske is not a “named executive officer” (NEO) in the 2025 proxy; no individual salary, bonus, or perquisite disclosure is provided for him .
- NEO reference (for context only, not applicable to Liske): the Bank has employment agreements with CEO Charles D. Schmalz and VPs James E. Mangold and Kory J. Schneider; their base salaries (as of April 2025) are disclosed, but Liske is not a party to these agreements per the proxy .
Performance Compensation
| Incentive element | Metric | Weighting | Target | Actual/Payout | Vesting details |
|---|---|---|---|---|---|
| Cash bonus (short-term) | Not disclosed for Liske | — | — | — | — |
| Equity (RSU/PSU) | Company has not historically granted stock options and granted none in 2024; other equity details for Liske not disclosed | — | — | — | If used in future, option-grant timing controls apply |
- The proxy states the company has not historically granted stock options and did not grant any in 2024; policy restrictions on any future option grant timing are outlined (does not apply to time-based restricted stock) .
Equity Ownership & Alignment
| Aspect | Disclosure |
|---|---|
| Individual beneficial ownership (Liske) | Not individually listed in the 2025 beneficial ownership table; two executive officers (Mangold, Schneider) are listed, but Liske is not; group total for “all directors, nominees and executive officers” is disclosed . |
| Hedging | Prohibited for directors, officers, and employees (including derivative monetization/hedges) . |
| Pledging | Generally prohibited; any pledge would require Board approval; no exceptions have been approved . |
| Insider trading controls | Section 16 officers must pre-clear all transactions and avoid blackout periods; policy is attached to the 10-K. 10b5-1 plans require pre-clearance and specified parameters or formulas . |
| Ownership guidelines | Not disclosed in the proxy for executives . |
Employment Terms
| Term | Liske | Notes |
|---|---|---|
| Employment agreement | Not disclosed for Liske | The Bank has employment agreements with Schmalz (CEO), Mangold, and Schneider; Liske is not listed among signatories . |
| Severance (non-CIC) | Not disclosed for Liske | NEOs: lump sum equal to remaining term base salary/bonuses, present value of retirement contributions, and continued benefits for remaining term . |
| Severance (change in control) | Not disclosed for Liske | NEOs: CEO at 3x (salary + highest bonus), Mangold/Schneider at 2x, plus retirement contributions and 36/24 months of benefits; 280G cutback applies . |
| Non-compete / non-solicit | Not disclosed for Liske | NEOs: upon termination (other than CIC), 6-month non-compete and 1-year non-solicit . |
| Clawback | Not specifically disclosed; no separate clawback discussion identified in DEF 14A/10-K excerpts reviewed . |
Performance & Track Record
- Role and tenure: CRO since 2014 at the Bank; age 69 .
- Risk management context: The 10-K outlines enterprise risk and cybersecurity governance (VP Technology leads cybersecurity program with board oversight) but does not specifically attribute operational milestones to the CRO in the filing excerpts reviewed .
- IPO/structure: EWSB Bancorp incorporated Feb 2024 and became holding company in Sept 2024, implying limited public-market TSR history in the proxy .
Board Governance (not a director)
- Liske is not a director; therefore, there are no committee assignments or director compensation applicable to him .
Compensation Structure Analysis (signals)
- Lack of individual disclosure: Because Liske is not an NEO, the proxy does not provide his cash/equity mix, bonus metrics, or vesting schedules—limiting pay-for-performance evaluation at the individual level .
- Options policy: Company has not historically used options and granted none in 2024; if sustained, this reduces near-term selling pressure tied to option exercises and suggests emphasis (if any equity is granted) on time-based stock rather than high-beta option packages .
- Anti-hedging/pledging: Strong alignment safeguards (anti-hedging, no pledging without rare board exception, none granted) reduce misalignment risk and leverage against forced selling .
Say-on-Pay & Shareholder Feedback
- 2025 meeting agenda includes director elections and auditor ratification only; no say-on-pay proposal is listed in the DEF 14A .
Data Gaps (material to analysis)
- No individual compensation (base, target bonus, actual, equity awards) for Liske .
- No individual beneficial ownership line item for Liske in the proxy’s ownership table .
- No disclosed employment agreement or severance/CIC terms for Liske; NEO provisions do not apply to him based on the proxy .
Investment Implications
- Alignment risk appears mitigated by robust anti-hedging and anti-pledging policies with no approved exceptions, reducing the probability of hedging/pledging-related misalignment or forced selling by senior officers .
- Absence of historical option grants and none in 2024 implies lower structural insider selling pressure from option exercises; if equity is used, it is more likely via restricted stock, which typically has clearer retention hooks but lower performance leverage .
- Limited disclosure on Liske’s individual pay design, ownership, and contract terms constrains pay-for-performance and retention-risk assessment; monitoring future proxies for whether Liske becomes an NEO (and for any new long-term incentive plans post-IPO) is warranted .
- Succession consideration: At age 69, Liske’s tenure highlights the importance of risk leadership continuity; while no transition signals are disclosed, investors should watch for 8-Ks or proxy updates regarding risk leadership succession planning .
Citations:
- Executive listing, age, role since 2014: **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:12]**
- IPO/holding company timeline: **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:5]**
- Beneficial ownership table (individual execs listed; Liske not individually listed): **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:10]**
- NEO compensation table and employment agreements (Schmalz, Mangold, Schneider): **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:13]** **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:14]** **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:15]**
- Anti-hedging/pledging policy; no exceptions approved: **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:7]**
- Insider trading policy and pre-clearance: **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:8]**
- 10b5-1 preclear details: **[2013792_0001558370-25-003534_ewsb-20241231xex19d1.htm:4]**
- Options not historically granted; none in 2024; grant-timing controls: **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:16]**
- 2025 meeting items—no say-on-pay: **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:0]** **[2013792_0001104659-25-041416_tm2512446d1_def14a.htm:2]**