Union Bankshares CEO David Silverman's 2013 pay rises 14% to $341K
Union Bankshares reports 2013 executive compensation
By ExecPay News
Published: April 15, 2014
Union Bankshares reported fiscal year 2013 executive compensation information on April 15, 2014.
In 2013, three executives at Union Bankshares received on average a compensation package of $231K, a 1% increase compared to previous year.
Average pay of disclosed executives at Union Bankshares
David S. Silverman, Chief Executive Officer, received $341K in total, which increased by 14% compared to 2012. 76% of Silverman's compensation, or $259K, was in salary. Silverman also received $36K in non-equity incentive plan, $11K in option awards, as well as $35K in other compensation.
Marsha A. Mongeon, Chief Financial Officer, received a compensation package of $207K, which increased by 5% compared to previous year. 81% of the compensation package, or $168K, was in salary.
Jeffrey G. Coslett, Vice President of the Company and Senior Vice President of Union Bank, earned $144K in 2013.
Related executives
You may also like
Source: SEC filing on April 15, 2014.