Carter Bankshares Management
Management criteria checks 4/4
Carter Bankshares' CEO is Litz Van Dyke, appointed in Nov 2020, has a tenure of 3.92 years. total yearly compensation is $784.63K, comprised of 82.2% salary and 17.8% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €706.98K. The average tenure of the management team and the board of directors is 4.8 years and 6.8 years respectively.
Key information
Litz Van Dyke
Chief executive officer
US$784.6k
Total compensation
| CEO salary percentage | 82.2% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$12m |
| Mar 31 2024 | n/a | n/a | US$13m |
| Dec 31 2023 | US$785k | US$645k | US$23m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$51m |
| Mar 31 2023 | n/a | n/a | US$56m |
| Dec 31 2022 | US$1m | US$613k | US$50m |
| Sep 30 2022 | n/a | n/a | US$40m |
| Jun 30 2022 | n/a | n/a | US$37m |
| Mar 31 2022 | n/a | n/a | US$31m |
| Dec 31 2021 | US$934k | US$593k | US$31m |
| Sep 30 2021 | n/a | n/a | US$29m |
| Jun 30 2021 | n/a | n/a | -US$40m |
| Mar 31 2021 | n/a | n/a | -US$41m |
| Dec 31 2020 | US$786k | US$590k | -US$46m |
| Sep 30 2020 | n/a | n/a | -US$45m |
| Jun 30 2020 | n/a | n/a | US$20m |
| Mar 31 2020 | n/a | n/a | US$23m |
| Dec 31 2019 | US$799k | US$570k | US$27m |
| Sep 30 2019 | n/a | n/a | US$26m |
| Jun 30 2019 | n/a | n/a | US$11m |
| Mar 31 2019 | n/a | n/a | US$11m |
| Dec 31 2018 | US$735k | US$497k | US$12m |
| Sep 30 2018 | n/a | n/a | US$3m |
| Jun 30 2018 | n/a | n/a | US$11m |
| Mar 31 2018 | n/a | n/a | US$2m |
| Dec 31 2017 | US$631k | US$440k | -US$681k |
Compensation vs Market: Litz's total compensation ($USD784.63K) is below average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Litz's compensation has been consistent with company performance over the past year.
CEO
Litz Van Dyke (60 yo)
3.9yrs
Tenure
US$784,630
Compensation
Mr. Litz H. Van Dyke has been the Chief Executive Officer and Director of Carter Bank & Trust since April 18, 2017. Mr. Van Dyke served as Executive Vice President of Carter Bank & Trust since July 27, 201...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.9yrs | US$784.63k | 0.20% $ 707.0k | |
| Vice Chairman | 7.8yrs | no data | 0.078% $ 281.0k | |
| Chief Financial Officer | 3.9yrs | US$494.58k | 0.13% $ 458.6k | |
| Executive VP & Director of Regulatory Risk Management | 5.8yrs | no data | 0.032% $ 114.8k | |
| Secretary | no data | no data | no data | |
| Assistant Vice President | no data | no data | no data | |
| Vice President and Managing Officer of Blacksburg Office | 11.2yrs | no data | no data |
4.8yrs
Average Tenure
61.5yo
Average Age
Experienced Management: 6NH's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.8yrs | US$784.63k | 0.20% $ 707.0k | |
| Vice Chairman | 7.8yrs | no data | 0.078% $ 281.0k | |
| Lead Independent Director | 7.8yrs | US$82.82k | 0.059% $ 211.1k | |
| Independent Director | 2.6yrs | US$72.90k | 0.070% $ 249.8k | |
| Independent Director | 4yrs | US$68.82k | 0.047% $ 169.6k | |
| Chairman of the Board | 42.8yrs | US$101.82k | 0.28% $ 992.6k | |
| Independent Director | 26.8yrs | US$71.73k | 0.073% $ 261.0k | |
| Independent Director | 6.8yrs | US$75.82k | 0.056% $ 201.3k | |
| Independent Director | 6.8yrs | US$72.32k | 0.075% $ 267.9k | |
| Independent Director | 4yrs | US$68.82k | 0.14% $ 503.5k | |
| Independent Director | 4yrs | US$68.82k | 0.094% $ 338.0k | |
| Independent Director | 2.6yrs | US$68.82k | 0.023% $ 84.0k |
6.8yrs
Average Tenure
65yo
Average Age
Experienced Board: 6NH's board of directors are considered experienced (6.8 years average tenure).