Orrstown Financial Services Management
Management criteria checks 3/4
Orrstown Financial Services' CEO is Tom Quinn, appointed in May 2009, has a tenure of 15.67 years. total yearly compensation is $2.64M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth €3.03M. The average tenure of the management team and the board of directors is 5.5 years and 7.6 years respectively.
Key information
Tom Quinn
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 26.9% |
| CEO tenure | 15.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.5yrs |
| 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$33m |
| Mar 31 2024 | n/a | n/a | US$35m |
| Dec 31 2023 | US$3m | US$709k | US$36m |
| Sep 30 2023 | n/a | n/a | US$38m |
| Jun 30 2023 | n/a | n/a | US$24m |
| Mar 31 2023 | n/a | n/a | US$23m |
| Dec 31 2022 | US$3m | US$695k | US$22m |
| Sep 30 2022 | n/a | n/a | US$19m |
| Jun 30 2022 | n/a | n/a | US$31m |
| Mar 31 2022 | n/a | n/a | US$31m |
| Dec 31 2021 | US$2m | US$552k | US$33m |
| Sep 30 2021 | n/a | n/a | US$36m |
| Jun 30 2021 | n/a | n/a | US$34m |
| Mar 31 2021 | n/a | n/a | US$32m |
| Dec 31 2020 | US$2m | US$535k | US$26m |
| Sep 30 2020 | n/a | n/a | US$21m |
| Jun 30 2020 | n/a | n/a | US$23m |
| Mar 31 2020 | n/a | n/a | US$19m |
| Dec 31 2019 | US$1m | US$530k | US$17m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$11m |
| Mar 31 2019 | n/a | n/a | US$12m |
| Dec 31 2018 | US$2m | US$515k | US$13m |
Compensation vs Market: Tom's total compensation ($USD2.64M) is above average for companies of similar size in the German market ($USD1.38M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Quinn (65 yo)
15.7yrs
Tenure
US$2,638,017
Compensation
Mr. Thomas Rodney Quinn, Jr., also known as Tom, has been the Chief Executive Officer and President at Orrstown Financial Services Inc. since May 5, 2009. Mr. Quinn has been the President and Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.7yrs | US$2.64m | 0.45% € 3.0m | |
| Executive VP | 3.8yrs | US$676.43k | 0.12% € 817.0k | |
| Executive VP & Chief Revenue Officer of Orrstown Bank | 5.9yrs | US$716.83k | 0.11% € 769.6k | |
| Executive VP & Market President for the Maryland Region | 5.5yrs | US$1.01m | 0.087% € 587.3k | |
| Executive VP | 7yrs | US$753.12k | 0.25% € 1.7m | |
| Executive VP | less than a year | no data | 0.11% € 775.7k | |
| Senior VP & Chief Accounting Officer | 3.6yrs | no data | 0.038% € 255.9k | |
| Executive VP & General Counsel | 4yrs | no data | 0.11% € 737.9k | |
| Chief Human Resources Officer | less than a year | no data | 0.072% € 489.6k | |
| Executive VP & Chief Trust Officer of Orrstown Bank | no data | US$452.15k | 0.23% € 1.5m | |
| Executive VP & Chief Mortgage and Retail Officer | 13.6yrs | US$186.15k | 0.10% € 686.8k | |
| Chief Trust Officer | 13.6yrs | no data | no data |
5.5yrs
Average Tenure
55yo
Average Age
Experienced Management: OFR's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.7yrs | US$2.64m | 0.45% € 3.0m | |
| Director | less than a year | no data | 0.054% € 363.8k | |
| Independent Director | 26yrs | US$79.78k | 0.19% € 1.3m | |
| Independent Chairman of the Board | 44yrs | US$117.84k | 0.26% € 1.7m | |
| Independent Director | 15.7yrs | US$83.34k | 0.12% € 799.6k | |
| Independent Director | 11.4yrs | US$82.55k | 0.12% € 839.1k | |
| Independent Director | 6.3yrs | US$72.05k | 0.11% € 744.0k | |
| Director | less than a year | no data | 0.23% € 1.5m | |
| Vice Chairman of the Board | less than a year | no data | 0.050% € 336.4k | |
| Independent Director | 9yrs | US$79.90k | 0.11% € 772.1k | |
| Director | less than a year | no data | 0.23% € 1.6m | |
| Director | less than a year | no data | 0.045% € 304.1k |
7.6yrs
Average Tenure
63.5yo
Average Age
Experienced Board: OFR'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 | 2025/01/20 16:10 |
| End of Day Share Price | 2025/01/17 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 |
| |
| 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
Orrstown Financial Services, Inc. is covered by 7 analysts. 4 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 |
|---|---|
| James Beury | Boenning & Scattergood, Inc. |
| David Bishop | Hovde Group, LLC |
| Daniel Cardenas | Janney Montgomery Scott LLC |