Old Point Financial CEO Robert Shuford receives $283K in 2006

Old Point Financial reports 2006 executive compensation

By ExecPay News

Published: March 28, 2007

Old Point Financial reported fiscal year 2006 executive compensation information on March 28, 2007.
In 2006, six executives at Old Point Financial received on average a compensation package of $216K.
Average pay of disclosed executives at Old Point Financial
Robert F. Shuford, Chief Executive Officer, received $283K in total. 85% of Shuford's compensation, or $241K, was in salary. Shuford also received $11K in bonus, $12K of change in pension value and nonqualified deferred compensation earnings, $3.7K in non-equity incentive plan, as well as $14K in other compensation.
Robert F. Shuford, Sr, Chief Executive Officer, received a compensation package of $283K. 85% of the compensation package, or $241K, was in salary.
Louis G. Morris, Chief Executive Officer, earned $244K in 2006.
Cary B. Epes, Chief Legal Officer, received $174K in 2006.
Margaret P. Causby, EVP/ RMO Bank, earned $166K in 2006.
Laurie D. Grabow, Chief Financial Officer, received $148K in 2006.

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Robert Shuford

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Cary Epes

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Source: SEC filing on March 28, 2007.