Unity Bancorp's CEO is Jim Hughes, appointed in Dec 2003, has a tenure of 22.42 years. total yearly compensation is $2.70M, comprised of 30.5% salary and 69.5% bonuses, including company stock and options. directly owns 1.82% of the company’s shares, worth €8.35M. The average tenure of the management team and the board of directors is 2.9 years and 21.9 years respectively.
Key information
Jim Hughes
Chief executive officer
US$2.7m
Total compensation
CEO salary percentage
30.51%
CEO tenure
22.4yrs
CEO ownership
1.8%
Management average tenure
2.9yrs
Board average tenure
21.9yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Jim Hughes's remuneration changed compared to Unity Bancorp's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
US$61m
Dec 31 2025
US$3m
US$825k
US$58m
Sep 30 2025
n/a
n/a
US$54m
Jun 30 2025
n/a
n/a
US$50m
Mar 31 2025
n/a
n/a
US$43m
Dec 31 2024
US$3m
US$764k
US$41m
Sep 30 2024
n/a
n/a
US$40m
Jun 30 2024
n/a
n/a
US$39m
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$24m
Compensation vs Market: Jim's total compensation ($USD2.70M) is above average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Hughes (66 yo)
22.4yrs
Tenure
US$2,703,888
Compensation
Mr. James A. Hughes also known as Jim, C.P.A serves as Chief Executive Officer and Executive Vice President at Unity Bancorp, Inc. and has been its Director since 2002. He serves as Chief Executive Officer...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
David Dallas
Founder & Chairman of the Board
35.3yrs
US$140.86k
0.46% € 2.1m
James Hughes
CEO, Executive VP & Director
22.4yrs
US$2.70m
1.82% € 8.4m
George Boyan
President & Director
less than a year
US$1.40m
0.60% € 2.7m
Robert Dallas
Founder & Director
no data
US$130.66k
0.37% € 1.7m
Vincent Geraci
First Senior VP & Director of Mortgage Lending
no data
US$788.26k
0.086% € 396.2k
Daniel Sharabba
Senior VP & Chief Retail Officer
2.9yrs
US$471.90k
0.060% € 274.0k
James Donovan
First Senior VP & Chief Lending Officer
4.3yrs
US$524.11k
0.052% € 237.2k
James Davies
First SVP
less than a year
US$315.79k
0.061% € 279.8k
David Bove
Senior VP & Chief Information Officer
no data
no data
0.16% € 741.8k
Christopher Fenimore
First VP & Chief Compliance Officer
no data
no data
no data
Crystal Rose
First VP & Marketing Director
no data
no data
no data
Rosemary Fellner
Senior VP & Chief Experience Officer
no data
no data
no data
2.9yrs
Average Tenure
57yo
Average Age
Experienced Management: UTB's management team is considered experienced (2.9 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
David Dallas
Founder & Chairman of the Board
35.3yrs
US$140.86k
0.46% € 2.1m
James Hughes
CEO, Executive VP & Director
24.3yrs
US$2.70m
1.82% € 8.4m
George Boyan
President & Director
less than a year
US$1.40m
0.60% € 2.7m
Robert Dallas
Founder & Director
35.3yrs
US$130.66k
0.37% € 1.7m
Peter Maricondo
Independent Director
21.8yrs
US$133.16k
0.49% € 2.2m
Mark Brody
Independent Director
24.3yrs
US$132.16k
2.62% € 12.0m
Wayne Courtright
Independent Director
21.9yrs
US$140.06k
1.22% € 5.6m
Raj Patel
Independent Director
17.6yrs
US$131.16k
0.59% € 2.7m
Mary Gross
Independent Director
15.3yrs
US$130.56k
0.22% € 1.0m
Aaron Tucker
Independent Vice Chairman
11yrs
US$130.16k
0.70% € 3.2m
21.9yrs
Average Tenure
70yo
Average Age
Experienced Board: UTB's board of directors are seasoned and experienced ( 21.9 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/20 18:01
End of Day Share Price
2026/05/20 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Unity Bancorp, Inc. is covered by 5 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.