Burke & Herbert Financial Services Management
Management criteria checks 4/4
Burke & Herbert Financial Services' CEO is David Boyle, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $1.57M, comprised of 52.4% salary and 47.6% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $2.02M. The average tenure of the management team and the board of directors is 4.8 years and 6.8 years respectively.
Key information
David Boyle
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 52.4% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Burke & Herbert Financial Services' (NASDAQ:BHRB) Dividend Will Be $0.53
Jul 30
Burke & Herbert Financial Services' (NASDAQ:BHRB) Dividend Will Be $0.53
Apr 30Burke & Herbert: First Underperformance, Then Recovery (2024E Outlook)
Jan 15Burke & Herbert Financial Services (NASDAQ:BHRB) Is Paying Out A Dividend Of $0.53
Oct 31Burke & Herbert Financial Services (NASDAQ:BHRB) Ticks All The Boxes When It Comes To Earnings Growth
Jun 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | -US$3m |
| Mar 31 2024 | n/a | n/a | US$20m |
| Dec 31 2023 | US$2m | US$825k | US$23m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$42m |
| Dec 31 2022 | US$2m | US$825k | US$44m |
Compensation vs Market: David's total compensation ($USD1.57M) is below average for companies of similar size in the US market ($USD3.18M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Boyle (60 yo)
4.8yrs
Tenure
US$1,573,679
Compensation
Mr. David P. Boyle, CPA, has been Chairman of the Board of Burke & Herbert Financial Services Corp. (formerly known as Burke & Herbert Bank & Trust Company) from January 1, 2023, Chief Executive Officer si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair & CEO | 4.8yrs | US$1.57m | 0.19% $ 2.0m | |
| Executive VP & CFO | 3.6yrs | US$638.98k | 0.037% $ 392.9k | |
| Executive VP & Chief Credit Officer | no data | US$534.51k | 0.023% $ 244.0k | |
| President & Director | less than a year | no data | 0.41% $ 4.3m | |
| Executive VP & Chief Operating Officer | no data | no data | 0.019% $ 195.9k | |
| Senior VP & Chief Accounting Officer | no data | no data | 0.060% $ 632.9k | |
| Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.051% $ 535.6k | |
| Executive VP & Director of Business Banking | 8.5yrs | no data | 0.026% $ 275.4k | |
| Executive VP and Director of Trust & Wealth Management | 7.2yrs | no data | 0.010% $ 108.7k | |
| Executive VP & Chief Risk Officer | 1.8yrs | no data | 0.0032% $ 33.3k | |
| Principal Vice President of Business Systems Planning | 6.7yrs | no data | no data |
4.8yrs
Average Tenure
56.5yo
Average Age
Experienced Management: BHRB's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair & CEO | 4.8yrs | US$1.57m | 0.19% $ 2.0m | |
| President & Director | less than a year | no data | 0.41% $ 4.3m | |
| Independent Vice Chairman of the Board | less than a year | no data | 0.36% $ 3.8m | |
| Independent Director | 23.8yrs | US$159.13k | 2.49% $ 26.1m | |
| Independent Director | 16.8yrs | US$161.33k | 0.40% $ 4.2m | |
| Independent Director | less than a year | no data | 0.60% $ 6.3m | |
| Independent Vice Chairman of the Board | 17.8yrs | US$159.33k | 0.34% $ 3.5m | |
| Independent Director | 7.8yrs | US$160.03k | 0.12% $ 1.3m | |
| Director | 10.3yrs | US$158.03k | 1.78% $ 18.7m | |
| Independent Director | 6.8yrs | US$161.23k | 0.041% $ 434.7k | |
| Independent Director | 6.8yrs | US$161.23k | 0.17% $ 1.8m | |
| Independent Director | less than a year | no data | 0.0074% $ 78.0k |
6.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: BHRB's board of directors are considered experienced (6.8 years average tenure).