C&F Financial CEO Bryan McKernon's 2020 pay jumps 135% to $2.6M
C&F Financial reports 2020 executive compensation
By ExecPay News
Published: March 12, 2021
C&F Financial reported fiscal year 2020 executive compensation information on March 12, 2021.
In 2020, five executives at C&F Financial received on average a compensation package of $1.1M, a 47% increase compared to previous year.
Average pay of disclosed executives at C&F Financial
Bryan E. McKernon, Chief Executive Officer, received $2.6M in total, which increased by 135% compared to 2019. 88% of McKernon's compensation, or $2.3M, was in non-equity incentive plan. McKernon also received $235K in salary, $56K in stock awards, as well as $35K in other compensation.
For fiscal year 2020, the median employee pay was $79,300 at C&F Financial. Therefore, the ratio of Bryan E. McKernon's pay to the median employee pay was 33 to one.
Thomas F. Cherry, Chief Executive Officer, received a compensation package of $978K, which increased by 4% compared to previous year. 39% of the compensation package, or $386K, was in salary.
Larry G. Dillon, Chairman, earned $789K in 2020, a 16% increase compared to previous year.
S. Dustin Crone, Chief Executive Officer, received $530K in 2020, which increases by 8% compared to 2019.
Jason E. Long, Chief Financial Officer, earned $429K in 2020, a 7% increase compared to previous year.
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Source: SEC filing on March 12, 2021.