Unity Bancorp Management
Management criteria checks 3/4
Unity Bancorp's CEO is Jim Hughes, appointed in Dec 2003, has a tenure of 20.5 years. total yearly compensation is $2.36M, comprised of 31.1% salary and 68.9% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth €3.65M. The average tenure of the management team and the board of directors is 3.4 years and 20 years respectively.
Key information
Jim Hughes
Chief executive officer
US$2.4m
Total compensation
CEO salary percentage | 31.1% |
CEO tenure | 20.5yrs |
CEO ownership | 1.5% |
Management average tenure | 3.4yrs |
Board average tenure | 20yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$39m |
Dec 31 2023 | US$2m | US$735k | US$40m |
Sep 30 2023 | n/a | n/a | US$40m |
Jun 30 2023 | n/a | n/a | US$40m |
Mar 31 2023 | n/a | n/a | US$40m |
Dec 31 2022 | US$2m | US$700k | US$38m |
Sep 30 2022 | n/a | n/a | US$38m |
Jun 30 2022 | n/a | n/a | US$38m |
Mar 31 2022 | n/a | n/a | US$37m |
Dec 31 2021 | US$2m | US$600k | US$36m |
Sep 30 2021 | n/a | n/a | US$34m |
Jun 30 2021 | n/a | n/a | US$30m |
Mar 31 2021 | n/a | n/a | US$27m |
Dec 31 2020 | US$1m | US$567k | US$24m |
Sep 30 2020 | n/a | n/a | US$22m |
Jun 30 2020 | n/a | n/a | US$23m |
Mar 31 2020 | n/a | n/a | US$23m |
Dec 31 2019 | US$2m | US$551k | US$24m |
Sep 30 2019 | n/a | n/a | US$23m |
Jun 30 2019 | n/a | n/a | US$23m |
Mar 31 2019 | n/a | n/a | US$22m |
Dec 31 2018 | US$3m | US$470k | US$22m |
Sep 30 2018 | n/a | n/a | US$19m |
Jun 30 2018 | n/a | n/a | US$17m |
Mar 31 2018 | n/a | n/a | US$15m |
Dec 31 2017 | US$996k | US$443k | US$13m |
Compensation vs Market: Jim's total compensation ($USD2.36M) is above average for companies of similar size in the German market ($USD758.96K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Hughes (65 yo)
20.5yrs
Tenure
US$2,360,462
Compensation
Mr. James A. Hughes serves as President and Chief Executive Officer at Unity Bancorp, Inc. and has been its Director since 2002. He serves as President and Chief Executive Officer at Unity Bank and serves...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder & Chairman of the Board | 33.4yrs | US$114.66k | 0.42% $ 1.0m | |
President | 20.5yrs | US$2.36m | 1.47% $ 3.6m | |
Founder & Director | no data | US$99.76k | 0.31% $ 761.3k | |
Executive VP & CFO | 3.4yrs | US$933.17k | 0.49% $ 1.2m | |
First Senior VP & Director of Mortgage Lending | no data | US$598.19k | 0.093% $ 229.7k | |
Senior VP & Controller | 2.4yrs | US$315.79k | 0.034% $ 85.2k | |
Senior VP & Chief Lending Officer | 2.4yrs | US$373.97k | 0.054% $ 133.9k | |
Senior VP & CTO | 9.4yrs | no data | 0.10% $ 254.7k | |
First VP & Chief Compliance Officer | no data | no data | no data | |
First VP & General Counsel | no data | no data | no data | |
First VP & Marketing Director | no data | no data | no data | |
Senior VP & Chief Experience Officer | no data | no data | no data |
3.4yrs
Average Tenure
58yo
Average Age
Experienced Management: UTB's management team is considered experienced (3.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder & Chairman of the Board | 33.4yrs | US$114.66k | 0.42% $ 1.0m | |
President | 22.4yrs | US$2.36m | 1.47% $ 3.6m | |
Founder & Director | 33.4yrs | US$99.76k | 0.31% $ 761.3k | |
Independent Director | 19.9yrs | US$103.36k | 0.45% $ 1.1m | |
Independent Director | 22.4yrs | US$99.86k | 3.61% $ 9.0m | |
Independent Director | 20yrs | US$105.26k | 1.14% $ 2.8m | |
Independent Director | 15.7yrs | US$98.36k | 0.56% $ 1.4m | |
Independent Director | 17.4yrs | US$90.86k | 0.12% $ 290.5k | |
Independent Director | 13.3yrs | US$96.36k | 0.22% $ 554.3k | |
Independent Vice Chairman | 9.1yrs | US$100.10k | 0.63% $ 1.6m |
20.0yrs
Average Tenure
69yo
Average Age
Experienced Board: UTB's board of directors are seasoned and experienced ( 20 years average tenure).