Peoples Bancorp of North Carolina President and Chief Executive Lance Sellers' 2022 pay rises 9% to $636K
Peoples Bancorp of North Carolina reports 2022 executive compensation
By ExecPay News
Published: March 27, 2023
Peoples Bancorp of North Carolina reported fiscal year 2022 executive compensation information on March 27, 2023.
In 2022, three executives at Peoples Bancorp of North Carolina received on average a compensation package of $452K, a 8% increase compared to previous year.
Average pay of disclosed executives at Peoples Bancorp of North Carolina
Lance A. Sellers, President and Chief Executive, received $636K in total, which increased by 9% compared to 2021. 56% of Sellers' compensation, or $357K, was in salary. Sellers also received $150K in bonus, $95K of change in pension value and nonqualified deferred compensation earnings, as well as $33K in other compensation.
William D. Cable, Sr, Executive Vice President,, received a compensation package of $381K, which decreased by 4% compared to previous year. 63% of the compensation package, or $241K, was in salary.
Jeffrey Hooper, Executive Vice President and, earned $339K in 2022, a 21% increase compared to previous year.
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Source: SEC filing on March 27, 2023.