Eagle Financial Services CEO John Milleson's 2008 pay falls 31% to $293K

Eagle Financial Services reports 2008 executive compensation

By ExecPay News

Published: April 21, 2009

Eagle Financial Services reported fiscal year 2008 executive compensation information on April 21, 2009.
In 2008, five executives at Eagle Financial Services received on average a compensation package of $185K, a 32% decrease compared to previous year.
Average pay of disclosed executives at Eagle Financial Services
John R. Milleson, Chief Executive Officer, received $293K in total, which decreased by 31% compared to 2007. 75% of Milleson's compensation, or $220K, was in salary. Milleson also received $10K in bonus, $30K in stock awards, as well as $33K in other compensation.
James W. McCarty, Jr, Chief Financial Officer, received a compensation package of $200K, which decreased by 19% compared to previous year. 79% of the compensation package, or $159K, was in salary.
Elizabeth M. Pendleton, Senior Vice President and Trust Officer, Bank of Clarke County, earned $170K in 2008, a 24% decrease compared to previous year.
John E. Hudson, Senior Vice President and Marketing Director, Bank of Clarke County, received $134K in 2008, which decreases by 29% compared to 2007.
Dale L. Fritts, Senior Vice President and Director of Lending and Bank of Clarke County, earned $128K in 2008.

Related executives

John Milleson

Eagle Financial Services

Chief Executive Officer

James McCarty

Eagle Financial Services

Chief Administrative Officer

Dale Fritts

Eagle Financial Services

Senior Vice President and Director of Lending Bank of Clarke County

Elizabeth Pendleton

Eagle Financial Services

Senior Vice President and Trust Officer, Bank of Clarke County

John Hudson

Eagle Financial Services

Senior Vice President and Marketing Director, Bank of Clarke County

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Source: SEC filing on April 21, 2009.