Community Bankers Trust CEO Rex Smith's 2018 pay rises 4% to $943K
Community Bankers Trust reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
Community Bankers Trust reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, five executives at Community Bankers Trust received on average a compensation package of $488K, a 7% increase compared to previous year.
Rex L. Smith, III, Chief Executive Officer, received $943K in total, which increased by 4% compared to 2017. 45% of Smith's compensation, or $420K, was in salary. Smith also received $99K in non-equity incentive plan, $146K in option awards, as well as $277K in other compensation.
For fiscal year 2018, the median employee pay was $50,766 at Community Bankers Trust. Therefore, the ratio of Rex L. Smith, III's pay to the median employee pay was 19 to one.
Bruce E. Thomas, Chief Financial Officer, received a compensation package of $384K, which decreased by 3% compared to previous year. 56% of the compensation package, or $215K, was in salary.
Jeff R. Cantrell, Chief Operating Officer, earned $381K in 2018, a 15% increase compared to previous year.
John M. Oakey, III, General Counsel, received $375K in 2018, which increases by 15% compared to 2017.
Patricia M. Davis, Executive Vice President and Chief Credit Officer, Essex Bank, earned $357K in 2018, a 16% increase compared to previous year.
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Rex Smith
Community Bankers Trust
Chief Executive Officer
Bruce Thomas
Community Bankers Trust
Chief Financial Officer
Jeff Cantrell
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Chief Operating Officer
Patricia Davis
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Executive Vice President and Chief Credit Officer, Essex Bank
John Oakey
Community Bankers Trust