Richard M. Elder
2019
In 2019, Richard M. Elder earned a total compensation of $319.2K as Executive Vice President Chief Financial Officer at First Bancorp, a 6% increase compared to previous year.
Compensation breakdown
| Bonus | $61,626 |
|---|---|
| Salary | $212,000 |
| Stock Awards | $31,800 |
| Other | $13,805 |
| Total | $319,231 |
Elder received $212K in salary, accounting for 66% of the total pay in 2019.
Elder also received $61.6K in bonus, $31.8K in stock awards and $13.8K in other compensation.
Rankings
In 2019, Richard M. Elder's compensation ranked 12,812th out of 13,971 executives tracked by ExecPay. In other words, Elder earned more than 8.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,812 out of 13,971 | 8th |
Division Finance, Insurance, And Real Estate | 2,625 out of 2,901 | 10th |
Major group Depository Institutions | 1,073 out of 1,223 | 12th |
Industry group Commercial Banks | 914 out of 1,011 | 10th |
Industry National Commercial Banks | 342 out of 373 | 8th |
Source: SEC filing on March 6, 2020.
Elder's colleagues
We found five more compensation records of executives who worked with Richard M. Elder at First Bancorp in 2019.
2019
Tony McKim
First Bancorp
Chief Executive Officer
2019
Charles Wootton
First Bancorp
Executive Vice President Senior Loan Officer
2019
Susan Norton
First Bancorp
Chief Administrative Officer
2019
Sarah Tolman
First Bancorp
Executive Vice President Branch Administration
2019
Jonathan Nicholson
First Bancorp
Executive Vice President and Chief Lending Officer
News
First Bancorp CEO Tony McKim's 2022 pay rises 4% to $1.2M
March 10, 2023
First Bancorp CEO Tony McKim's 2021 pay rises 10% to $1.1M
March 11, 2022
First Bancorp CEO Tony McKim's 2020 pay rises 9% to $1M
March 5, 2021
First Bancorp CEO Tony McKim's 2019 pay rises 11% to $956K
March 6, 2020
First Bancorp CEO Tony McKim's 2018 pay rises 17% to $858K
March 8, 2019