Bank of the James Financial Group CEO Robert Chapman's 2018 pay rises 13% to $476K
Bank of the James Financial Group reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
Bank of the James Financial Group reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, three executives at Bank of the James Financial Group received on average a compensation package of $380K, a 12% increase compared to previous year.
Robert R. Chapman III, Chief Executive Officer, received $476K in total, which increased by 13% compared to 2017. 68% of Chapman's compensation, or $325K, was in salary. Chapman also received $45K in bonus and $106K in other compensation.
J. Todd Scruggs, Chief Financial Officer, received a compensation package of $362K, which increased by 15% compared to previous year. 73% of the compensation package, or $265K, was in salary.
Harry P. Umberger, EVP - SCO of the Bank, earned $301K in 2018, a 7% increase compared to previous year.