First United Management
Management criteria checks 4/4
First United's CEO is Carissa Rodeheaver, appointed in Nov 2012, has a tenure of 11.92 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 €1.20M. The average tenure of the management team and the board of directors is 9.4 years and 10.4 years respectively.
Key information
Carissa Rodeheaver
Chief executive officer
US$609.8k
Total compensation
| CEO salary percentage | 70.5% |
| CEO tenure | 11.9yrs |
| CEO ownership | 0.7% |
| Management average tenure | 9.4yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2018 | n/a | n/a | US$7m |
| Jun 30 2018 | n/a | n/a | US$6m |
| Mar 31 2018 | n/a | n/a | US$5m |
| Dec 31 2017 | US$375k | US$365k | US$4m |
Compensation vs Market: Carissa's total compensation ($USD609.85K) is about average for companies of similar size in the German market ($USD811.38K).
Compensation vs Earnings: Carissa's compensation has been consistent with company performance over the past year.
CEO
Carissa Rodeheaver (58 yo)
11.9yrs
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 | 11.9yrs | US$609.85k | 0.69% $ 1.2m | |
| Senior VP & COO | 7.8yrs | US$376.87k | 0.33% $ 573.8k | |
| Senior VP & Chief Revenue Officer | no data | US$380.27k | 0.17% $ 291.9k | |
| Senior VP | 9.4yrs | no data | 0.13% $ 221.7k | |
| Senior VP & Chief Credit Officer | less than a year | no data | 0.0018% $ 3.2k | |
| Senior VP & Senior Trust Officer | 12.9yrs | US$217.83k | 0.19% $ 334.9k |
9.4yrs
Average Tenure
55yo
Average Age
Experienced Management: FU3's management team is seasoned and experienced (9.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.9yrs | US$609.85k | 0.69% $ 1.2m | |
| Independent Director | 32.4yrs | US$50.13k | 0.60% $ 1.0m | |
| Independent Director | 18.4yrs | US$49.63k | 0.77% $ 1.3m | |
| Independent Director | 10.4yrs | US$47.93k | 0.44% $ 765.9k | |
| Lead Independent Director | 10.4yrs | US$51.83k | 0.29% $ 509.9k | |
| Independent Director | 10.4yrs | US$47.33k | 0.41% $ 707.3k | |
| Independent Director | 4.3yrs | US$46.13k | 0.15% $ 255.4k | |
| Independent Director | 3.8yrs | US$51.88k | 0.21% $ 372.2k | |
| Independent Director | 3.8yrs | US$49.63k | 0.11% $ 196.2k | |
| Independent Director | 1.8yrs | US$60.28k | 3.27% $ 5.7m | |
| Independent Director | 1.1yrs | US$23.43k | 0.039% $ 68.3k |
10.4yrs
Average Tenure
61yo
Average Age
Experienced Board: FU3's board of directors are seasoned and experienced ( 10.4 years average tenure).