Arrow Financial Management
Management criteria checks 2/4
Arrow Financial's CEO is Dave DeMarco, appointed in May 2023, has a tenure of less than a year. total yearly compensation is $943.53K, comprised of 53.2% salary and 46.8% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $841.82K. The average tenure of the management team and the board of directors is 0.3 years and 9.3 years respectively.
Key information
Dave DeMarco
Chief executive officer
US$943.5k
Total compensation
| CEO salary percentage | 53.2% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Arrow Financial (NASDAQ:AROW) Is Due To Pay A Dividend Of $0.27
Oct 31
Arrow Financial's (NASDAQ:AROW) Dividend Will Be $0.27
Aug 28Arrow Financial's (NASDAQ:AROW) Dividend Will Be $0.27
Aug 12Arrow Financial (NASDAQ:AROW) Has Affirmed Its Dividend Of $0.27
May 07Arrow Financial (NASDAQ:AROW) Has Affirmed Its Dividend Of $0.27
Feb 07Arrow Financial declares 3% stock dividend
Sep 01Arrow Financial: Earnings To Recover Next Year
Aug 17Arrow Financial GAAP EPS of $0.75 beats by $0.04, revenue of $36.78M beats by $1.53M
Jul 27Arrow Financial: Decent Loan Growth To Partially Counter Higher Credit Costs
Jun 03Arrow Financial: Attractively Valued With A Flattish Earnings Outlook
Mar 15Arrow Financial's (NASDAQ:AROW) Dividend Will Be Increased To US$0.27
Feb 01Arrow Financial: Decent Loan Growth To Counter Provision Normalization
Dec 18Arrow Financial's (NASDAQ:AROW) Dividend Will Be US$0.26
Nov 02My Favorite Share Buyback Bank: Dividend Champion Arrow Financial Corporation
Sep 29Arrow Financial: Attractively Valued With A Positive Earnings Outlook
Aug 07Arrow Financial (NASDAQ:AROW) Will Pay A Dividend Of US$0.26
Aug 01Shareholders May Not Be So Generous With Arrow Financial Corporation's (NASDAQ:AROW) CEO Compensation And Here's Why
Apr 29Arrow Financial EPS beats by $0.16, beats on revenue
Apr 27With EPS Growth And More, Arrow Financial (NASDAQ:AROW) Is Interesting
Apr 18Be Sure To Check Out Arrow Financial Corporation (NASDAQ:AROW) Before It Goes Ex-Dividend
Feb 24Did You Participate In Any Of Arrow Financial's (NASDAQ:AROW) Respectable 63% Return?
Feb 21Arrow Financial Corporation's (NASDAQ:AROW) 3.4% Dividend Yield Looks Pretty Interesting
Jan 26Are Institutions Heavily Invested In Arrow Financial Corporation's (NASDAQ:AROW) Shares?
Dec 22
Why You Might Be Interested In Arrow Financial Corporation (NASDAQ:AROW) For Its Upcoming Dividend
Nov 26Did You Participate In Any Of Arrow Financial's (NASDAQ:AROW) Respectable 46% Return?
Nov 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$29m |
| Dec 31 2023 | US$944k | US$502k | US$30m |
| Sep 30 2023 | n/a | n/a | US$34m |
| Jun 30 2023 | n/a | n/a | US$39m |
| Mar 31 2023 | n/a | n/a | US$45m |
| Dec 31 2022 | US$742k | US$395k | US$49m |
| Sep 30 2022 | n/a | n/a | US$47m |
| Jun 30 2022 | n/a | n/a | US$48m |
| Mar 31 2022 | n/a | n/a | US$49m |
| Dec 31 2021 | US$664k | US$365k | US$50m |
| Sep 30 2021 | n/a | n/a | US$52m |
| Jun 30 2021 | n/a | n/a | US$50m |
| Mar 31 2021 | n/a | n/a | US$46m |
| Dec 31 2020 | US$595k | US$340k | US$41m |
| Sep 30 2020 | n/a | n/a | US$38m |
| Jun 30 2020 | n/a | n/a | US$37m |
| Mar 31 2020 | n/a | n/a | US$37m |
| Dec 31 2019 | US$533k | US$325k | US$37m |
| Sep 30 2019 | n/a | n/a | US$36m |
| Jun 30 2019 | n/a | n/a | US$36m |
| Mar 31 2019 | n/a | n/a | US$36m |
| Dec 31 2018 | US$524k | US$290k | US$36m |
| Sep 30 2018 | n/a | n/a | US$36m |
| Jun 30 2018 | n/a | n/a | US$34m |
| Mar 31 2018 | n/a | n/a | US$31m |
| Dec 31 2017 | US$476k | US$265k | US$29m |
Compensation vs Market: Dave's total compensation ($USD943.53K) is below average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dave DeMarco (61 yo)
less than a year
Tenure
US$943,532
Compensation
Mr. David S. DeMarco, also known as Dave, serves as Director at Arrow Financial Corporation since July 26, 2023. He serves as President and Chief Executive Officer at Arrow Financial Corporation since May...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$943.53k | 0.21% $ 841.8k | |
| Senior EVP | 1.3yrs | US$469.33k | 0.00062% $ 2.4k | |
| Senior Executive VP & Chief Credit Officer | no data | US$624.64k | 0.16% $ 625.3k | |
| Senior Executive VP | no data | US$570.48k | 0.064% $ 253.0k | |
| Executive VP & Chief Information Officer | less than a year | no data | 0.026% $ 101.3k | |
| Senior EVP & Chief Human Resources Officer | less than a year | no data | 0.0032% $ 12.7k | |
| Senior VP and Director of Marketing & Communications of Glen Falls | less than a year | no data | no data | |
| Senior EVP & Chief Banking Officer | less than a year | no data | 0.017% $ 67.5k |
0.3yrs
Average Tenure
54yo
Average Age
Experienced Management: AROW's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$943.53k | 0.21% $ 841.8k | |
| Chairman Emeritus | 20.1yrs | US$20.10k | no data | |
| Director Emeritus | no data | US$10.39k | no data | |
| Independent Director | 35.3yrs | US$89.18k | 0.33% $ 1.3m | |
| Independent Chairman of the Board | 9.3yrs | US$104.85k | 0.096% $ 380.5k | |
| Independent Director | 21.3yrs | US$86.52k | 0.35% $ 1.4m | |
| Independent Director | 7.3yrs | US$79.02k | 0.048% $ 191.3k | |
| Independent Director | 3yrs | US$80.52k | 0.038% $ 152.1k | |
| Independent Director | 7.3yrs | US$84.02k | 0.30% $ 1.2m | |
| Independent Director | 11yrs | US$86.52k | 0.17% $ 688.6k | |
| Director | 10.3yrs | US$84.02k | 0.12% $ 491.1k | |
| Independent Director | 7.3yrs | US$80.52k | 0.23% $ 926.8k |
9.3yrs
Average Tenure
67yo
Average Age
Experienced Board: AROW's board of directors are considered experienced (9.3 years average tenure).