TrustCo Bank Corp NY Management
Management criteria checks 3/4
TrustCo Bank Corp NY's CEO ist Rob McCormick , ernannt in Jan 2004, hat eine Amtszeit von 20.08 Jahren. Die jährliche Gesamtvergütung beträgt $3.35M , bestehend aus 29.1% Gehalt und 70.9% Boni, einschließlich Aktien und Optionen des Unternehmens. besitzt direkt 1.88% der Aktien des Unternehmens, im Wert von $10.34M . Die durchschnittliche Betriebszugehörigkeit des Managementteams und des Verwaltungsrats beträgt 14.1 Jahre bzw. 7.1 Jahre.
Key information
Rob McCormick
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 29.1% |
| CEO tenure | 20.3yrs |
| CEO ownership | 1.9% |
| Management average tenure | 14.3yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36
Nov 25
Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?
Mar 24TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36
Feb 25TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35
Aug 20TrustCo Bank: Stable And Attractively Valued
Aug 20TrustCo Bank: A 4.5% Yield For A Bank Trading At TBV
May 24TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure
Jan 10TrustCo Bank: Tremendously Positioned For Rate Hikes
Oct 25TrustCo Bank: The Recent Pullback Is All About Interest Rates
Aug 22Shareholders May Be More Conservative With TrustCo Bank Corp NY's (NASDAQ:TRST) CEO Compensation For Now
May 14TrustCo Bank Corp NY (NASDAQ:TRST) Pays A US$0.068 Dividend In Just Four Days
Feb 27Here's How We Evaluate TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend
Feb 16
What Type Of Shareholders Make Up TrustCo Bank Corp NY's (NASDAQ:TRST) Share Registry?
Jan 19TrustCo Bank: Securing A 4% Yield With New York Residential Mortgages
Jan 04Have Insiders Been Buying TrustCo Bank Corp NY (NASDAQ:TRST) Shares?
Dec 22Just Four Days Till TrustCo Bank Corp NY (NASDAQ:TRST) Will Be Trading Ex-Dividend
Nov 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$59m |
| Sep 30 2023 | n/a | n/a | US$70m |
| Jun 30 2023 | n/a | n/a | US$74m |
| Mar 31 2023 | n/a | n/a | US$76m |
| Dec 31 2022 | US$3m | US$975k | US$75m |
| Sep 30 2022 | n/a | n/a | US$71m |
| Jun 30 2022 | n/a | n/a | US$68m |
| Mar 31 2022 | n/a | n/a | US$65m |
| Dec 31 2021 | US$3m | US$975k | US$62m |
| Sep 30 2021 | n/a | n/a | US$59m |
| Jun 30 2021 | n/a | n/a | US$56m |
| Mar 31 2021 | n/a | n/a | US$53m |
| Dec 31 2020 | US$3m | US$975k | US$52m |
| Sep 30 2020 | n/a | n/a | US$53m |
| Jun 30 2020 | n/a | n/a | US$53m |
| Mar 31 2020 | n/a | n/a | US$57m |
| Dec 31 2019 | US$3m | US$975k | US$58m |
| Sep 30 2019 | n/a | n/a | US$60m |
| Jun 30 2019 | n/a | n/a | US$60m |
| Mar 31 2019 | n/a | n/a | US$61m |
| Dec 31 2018 | US$2m | US$975k | US$61m |
| Sep 30 2018 | n/a | n/a | US$53m |
| Jun 30 2018 | n/a | n/a | US$50m |
| Mar 31 2018 | n/a | n/a | US$47m |
| Dec 31 2017 | US$2m | US$880k | US$43m |
Vergütung im Vergleich zum Markt: RobDie Gesamtvergütung ($USD3.35M) liegt über dem Durchschnitt von Unternehmen ähnlicher Größe auf dem Markt US ($USD2.14M).
Entschädigung vs. Einkommen: RobDie Vergütung des Vorstandsvorsitzenden entsprach im vergangenen Jahr der Unternehmensleistung.
CEO
Rob McCormick (59 yo)
20.3yrs
Tenure
US$3,354,577
Compensation
Mr. Robert Joseph McCormick, also known as Rob, has been President and Chief Executive Officer of TrustCo Bank Corp NY since January 2004 and its Chairman of the Board since January 01, 2019. He also serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 20.3yrs | US$3.35m | 1.88% $ 10.0m | |
| Executive VP & CFO | 9.3yrs | US$1.39m | 0.15% $ 780.2k | |
| Executive Vice President of Commercial Banking | 20.3yrs | US$1.66m | 0.26% $ 1.4m | |
| Executive Vice President of Corporate Services & Risk | 14.3yrs | US$1.80m | 0.17% $ 908.4k | |
| Executive Vice President of Retail Banking | 5.3yrs | US$1.38m | 0.18% $ 980.5k | |
| General Counsel & Corporate Secretary | 9.3yrs | no data | 0.050% $ 267.9k | |
| Executive VP & Treasurer | 14.3yrs | US$526.72k | 0.22% $ 1.2m |
14.3yrs
Average Tenure
57yo
Average Age
Erfahrenes Management: Das Managementteam von TRST ist erfahren und erfahren (durchschnittliche Amtszeit: 13.9 Jahre).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.3yrs | US$3.35m | 1.88% $ 10.0m | |
| Honorary Director | no data | US$525.73k | no data | |
| Honorary Director | no data | US$867.22k | no data | |
| Independent Director | 29.3yrs | US$142.51k | 0.13% $ 696.1k | |
| Honorary Director | no data | no data | no data | |
| Independent Director | 18.8yrs | US$141.51k | 0.085% $ 453.7k | |
| Independent Director | 8.2yrs | US$142.51k | 0.014% $ 73.1k | |
| Independent Director | 6.4yrs | US$142.51k | 0.014% $ 76.4k | |
| Independent Director | 3.7yrs | US$142.51k | 0.025% $ 132.0k | |
| Independent Director | 3.7yrs | US$142.51k | 0.025% $ 134.4k | |
| Independent Director | 2.6yrs | US$142.51k | 0.0094% $ 50.2k | |
| Independent Director | less than a year | no data | no data |
6.4yrs
Average Tenure
67.5yo
Average Age
Erfahrener Vorstand: TRSTDie Vorstandsmitglieder gelten als erfahren (7 Jahre durchschnittliche Amtszeit).