First United Management
Management criteria checks 4/4
First United's CEO is Carissa Rodeheaver, appointed in Nov 2012, has a tenure of 12.17 years. total yearly compensation is $609.85K, comprised of 70.5% salary and 29.5% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth €1.44M. The average tenure of the management team and the board of directors is 9.7 years and 7.6 years respectively.
Key information
Carissa Rodeheaver
Chief executive officer
US$609.8k
Total compensation
| CEO salary percentage | 70.5% |
| CEO tenure | 12.2yrs |
| CEO ownership | 0.7% |
| Management average tenure | 9.7yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$16m |
| Jun 30 2024 | n/a | n/a | US$15m |
| Mar 31 2024 | n/a | n/a | US$14m |
| Dec 31 2023 | US$610k | US$430k | US$15m |
| Sep 30 2023 | n/a | n/a | US$20m |
| Jun 30 2023 | n/a | n/a | US$23m |
| Mar 31 2023 | n/a | n/a | US$24m |
| Dec 31 2022 | US$732k | US$413k | US$25m |
| Sep 30 2022 | n/a | n/a | US$26m |
| Jun 30 2022 | n/a | n/a | US$23m |
| Mar 31 2022 | n/a | n/a | US$22m |
| Dec 31 2021 | US$559k | US$401k | US$20m |
| Sep 30 2021 | n/a | n/a | US$17m |
| Jun 30 2021 | n/a | n/a | US$17m |
| Mar 31 2021 | n/a | n/a | US$16m |
| Dec 31 2020 | US$539k | US$395k | US$14m |
| Sep 30 2020 | n/a | n/a | US$12m |
| Jun 30 2020 | n/a | n/a | US$12m |
| Mar 31 2020 | n/a | n/a | US$12m |
| Dec 31 2019 | US$400k | US$389k | US$13m |
| Sep 30 2019 | n/a | n/a | US$13m |
| Jun 30 2019 | n/a | n/a | US$11m |
| Mar 31 2019 | n/a | n/a | US$11m |
| Dec 31 2018 | US$394k | US$378k | US$11m |
Compensation vs Market: Carissa's total compensation ($USD609.85K) is below average for companies of similar size in the German market ($USD899.26K).
Compensation vs Earnings: Carissa's compensation has been consistent with company performance over the past year.
CEO
Carissa Rodeheaver (58 yo)
12.2yrs
Tenure
US$609,845
Compensation
Ms. Carissa L. Rodeheaver, C.P.A., has been the Chairman of the Board and Chief Executive Officer of First United Corporation and First United Bank & Trust since January 1, 2016 and has been its President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.2yrs | US$609.85k | 0.69% € 1.4m | |
| Senior VP & COO | 8yrs | US$376.87k | 0.33% € 690.6k | |
| Senior VP & Chief Revenue Officer | no data | US$380.27k | 0.17% € 348.9k | |
| Senior VP | 9.7yrs | no data | 0.13% € 265.0k | |
| Senior VP & Chief Credit Officer | less than a year | no data | 0.0018% € 3.8k | |
| Senior VP & Senior Trust Officer | 13.2yrs | US$217.83k | 0.19% € 400.3k |
9.7yrs
Average Tenure
55yo
Average Age
Experienced Management: FU3's management team is seasoned and experienced (9.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.2yrs | US$609.85k | 0.69% € 1.4m | |
| Independent Director | 32.7yrs | US$50.13k | 0.60% € 1.2m | |
| Independent Director | 18.7yrs | US$49.63k | 0.77% € 1.6m | |
| Independent Director | 10.7yrs | US$47.93k | 0.44% € 915.4k | |
| Lead Independent Director | 10.7yrs | US$51.83k | 0.29% € 611.6k | |
| Independent Director | 4.5yrs | US$46.13k | 0.15% € 305.3k | |
| Independent Director | 4yrs | US$51.88k | 0.21% € 444.8k | |
| Independent Director | 4yrs | US$49.63k | 0.11% € 234.5k | |
| Independent Director | 2yrs | US$60.28k | 3.27% € 6.8m | |
| Independent Director | 1.3yrs | US$23.43k | 0.039% € 81.6k |
7.6yrs
Average Tenure
62yo
Average Age
Experienced Board: FU3's board of directors are considered experienced (7.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 11:45 |
| End of Day Share Price | 2025/01/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
First United Corporation is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cary Morris | BB&T Capital Markets |
| Stephen Moss | Raymond James & Associates |