C&F Financial CEO Bryan McKernon's 2021 pay falls 25% to $2M
C&F Financial reports 2021 executive compensation
By ExecPay News
Published: March 11, 2022
C&F Financial reported fiscal year 2021 executive compensation information on March 11, 2022.
In 2021, five executives at C&F Financial received on average a compensation package of $1M, a 6% decrease compared to previous year.
Average pay of disclosed executives at C&F Financial
Bryan E. McKernon, Chief Executive Officer, received $2M in total, which decreased by 25% compared to 2020. 84% of McKernon's compensation, or $1.7M, was in non-equity incentive plan. McKernon also received $235K in salary, $58K in stock awards, as well as $32K in other compensation.
For fiscal year 2021, the median employee pay was $81,304 at C&F Financial. Therefore, the ratio of Bryan E. McKernon's pay to the median employee pay was 24 to one.
Thomas F. Cherry, Chief Executive Officer, received a compensation package of $1.2M, which increased by 18% compared to previous year. 38% of the compensation package, or $440K, was in salary.
Larry G. Dillon, Chairman, earned $759K in 2021, a 4% decrease compared to previous year.
S. Dustin Crone, Chief Executive Officer, received $583K in 2021, which increases by 10% compared to 2020.
Jason E. Long, Chief Financial Officer, earned $532K in 2021, a 24% increase compared to previous year.
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Source: SEC filing on March 11, 2022.