First Bancorp CEO Tony McKim's 2018 pay rises 17% to $858.1K

First Bancorp reports 2018 executive compensation

Published: March 8, 2019

First Bancorp reported fiscal year 2018 executive compensation information on March 8, 2019.

In 2018, five executives at First Bancorp received on average a compensation package of $430.4K, a 6% increase compared to previous year.

Average pay of disclosed executives at First Bancorp

Tony C. McKim, Chief Executive Officer, received $858.1K in total, which increased by 17% compared to 2017. 60.60% of McKim's compensation, or $520K, was in salary. McKim also received $191.7K in bonus, $130K in stock awards, as well as $16.4K in other compensation.

Charles A. Wootton, Executive Vice President Senior Loan Officer, received a compensation package of $385.4K, which increased by 5% compared to previous year. 66.42% of the compensation package, or $256K, was in salary.

Susan A. Norton, Chief Administrative Officer, earned $333.2K in 2018, a 4% increase compared to previous year.

Richard M. Elder, Chief Financial Officer, received $300.7K in 2018, which increases by 10% compared to 2017.

Sarah J. Tolman, Executive Vice President Branch Administration, earned $274.6K in 2018, a 9% increase compared to previous year.