Bank of Marin Bancorp Management
Management criteria checks 4/4
Bank of Marin Bancorp's CEO is Tim Myers, appointed in May 2021, has a tenure of 2.5 years. total yearly compensation is $1.13M, comprised of 49.5% salary and 50.5% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth $1.30M. The average tenure of the management team and the board of directors is 3 years and 10.3 years respectively.
Key information
Tim Myers
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 49.5% |
| CEO tenure | 3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Bank of Marin Bancorp (NASDAQ:BMRC) Has Announced A Dividend Of $0.25
Feb 01
Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25
Oct 26Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25
Jul 27These Analysts Just Made A Substantial Downgrade To Their Bank of Marin Bancorp (NASDAQ:BMRC) EPS Forecasts
Apr 29Bank of Marin Bancorp goes ex-dividend tomorrow
Aug 03Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Larger Dividend Than Last Year
Jul 28Bank of Marin Bancorp Non-GAAP EPS of $0.71 beats by $0.04, revenue of $33.92M beats by $0.52M
Jul 25Bank of Marin Bancorp (NASDAQ:BMRC) Will Pay A Dividend Of US$0.24
Apr 28Bank of Marin Bancorp's (NASDAQ:BMRC) Dividend Will Be US$0.24
Jan 27Bank of Marin Bancorp's (NASDAQ:BMRC) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 28Bank of Marin Bancorp's (NASDAQ:BMRC) Upcoming Dividend Will Be Larger Than Last Year's
Jul 22It's Unlikely That The CEO Of Bank of Marin Bancorp (NASDAQ:BMRC) Will See A Huge Pay Rise This Year
Jun 23Shareholders May Find It Hard To Justify Increasing Bank of Marin Bancorp's (NASDAQ:BMRC) CEO Compensation For Now
May 05Bank of Marin Bancorp goes ex-dividend tomorrow
Apr 28Bank of Marin Bancorp (NASDAQ:BMRC) Is An Attractive Dividend Stock - Here's Why
Feb 25Bank of Marin Bancorp (NASDAQ:BMRC) Could Be A Buy For Its Upcoming Dividend
Jan 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$13m |
| Dec 31 2023 | US$1m | US$559k | US$20m |
| Sep 30 2023 | n/a | n/a | US$32m |
| Jun 30 2023 | n/a | n/a | US$39m |
| Mar 31 2023 | n/a | n/a | US$46m |
| Dec 31 2022 | US$1m | US$500k | US$47m |
| Sep 30 2022 | n/a | n/a | US$43m |
| Jun 30 2022 | n/a | n/a | US$37m |
| Mar 31 2022 | n/a | n/a | US$35m |
| Dec 31 2021 | US$809k | US$373k | US$33m |
| Sep 30 2021 | n/a | n/a | US$32m |
| Jun 30 2021 | n/a | n/a | US$34m |
| Mar 31 2021 | n/a | n/a | US$32m |
| Dec 31 2020 | US$571k | US$303k | US$30m |
| Sep 30 2020 | n/a | n/a | US$31m |
| Jun 30 2020 | n/a | n/a | US$33m |
| Mar 31 2020 | n/a | n/a | US$34m |
| Dec 31 2019 | US$539k | US$257k | US$34m |
| Sep 30 2019 | n/a | n/a | US$35m |
| Jun 30 2019 | n/a | n/a | US$34m |
| Mar 31 2019 | n/a | n/a | US$34m |
| Dec 31 2018 | US$533k | US$250k | US$33m |
| Sep 30 2018 | n/a | n/a | US$24m |
| Jun 30 2018 | n/a | n/a | US$21m |
| Mar 31 2018 | n/a | n/a | US$18m |
| Dec 31 2017 | US$468k | US$242k | US$16m |
Compensation vs Market: Tim's total compensation ($USD1.13M) is below average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Myers (52 yo)
3yrs
Tenure
US$1,129,808
Compensation
Mr. Timothy D. Myers, also known as Tim, serves as Chief Executive Officer & Director at Bank of Marin Bancorp and Bank of Marin since November 1, 2021. He has been President at Bank of Marin Bancorp and B...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$1.13m | 0.51% $ 1.3m | |
| Executive VP & CFO | no data | US$637.07k | 0.44% $ 1.1m | |
| Executive VP and Head of Growth & Strategy | 3yrs | US$551.55k | 0.13% $ 330.0k | |
| Executive VP & Chief Credit Officer of Bank of Marin | 3.3yrs | US$579.15k | 0.16% $ 414.2k | |
| Executive VP & Head of Commercial Banking | less than a year | US$685.43k | 0.066% $ 169.0k | |
| Executive VP & Chief Information Officer | 1.2yrs | no data | 0.042% $ 108.2k | |
| Chief Marketing Officer | no data | no data | no data | |
| Executive VP & Director of Private Banking | 17.3yrs | US$179.97k | no data | |
| Senior VP & Director of Wealth Management & Trust | no data | no data | no data | |
| First VP & Controller | no data | no data | 0.018% $ 46.5k |
3.0yrs
Average Tenure
57yo
Average Age
Experienced Management: BMRC's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.5yrs | US$1.13m | 0.51% $ 1.3m | |
| Independent Director | 10.2yrs | US$92.48k | 0.085% $ 216.8k | |
| Independent Director | 19.3yrs | US$74.73k | 0.12% $ 295.6k | |
| Independent Director | 2.8yrs | US$85.98k | 0.69% $ 1.8m | |
| Independent Director | 35yrs | US$91.23k | 0.75% $ 1.9m | |
| Independent Director | 23.3yrs | US$91.23k | 0.18% $ 467.6k | |
| Independent Director | 3yrs | US$42.98k | 0.025% $ 65.0k | |
| Director | 17.8yrs | US$85.98k | 0.33% $ 838.0k | |
| Independent Chairman of the Board | 17.3yrs | US$108.48k | 0.24% $ 621.2k | |
| Independent Director | 10.5yrs | US$55.98k | 0.22% $ 555.1k | |
| Independent Director | 3.1yrs | US$91.23k | 0.036% $ 92.6k | |
| Independent Director | 2.8yrs | US$85.98k | 0.051% $ 130.6k |
10.3yrs
Average Tenure
66.5yo
Average Age
Experienced Board: BMRC's board of directors are seasoned and experienced ( 10.3 years average tenure).