Bank of Marin Bancorp Management
Management criteria checks 3/4
Bank of Marin Bancorp's CEO is Tim Myers, appointed in May 2021, has a tenure of 3.5 years. total yearly compensation is $1.13M, comprised of 49.5% salary and 50.5% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth $2.16M. The average tenure of the management team and the board of directors is 1.5 years and 7.1 years respectively.
Key information
Tim Myers
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 49.5% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.5yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25
Oct 31
Revisiting Bank of Marin Results In A Downgrade
Oct 02Bank of Marin Bancorp (NASDAQ:BMRC) Has Announced A Dividend Of $0.25
Feb 01Bank 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 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$14m |
| Jun 30 2024 | n/a | n/a | -US$13m |
| 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 ($USD2.18M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Myers (53 yo)
3.5yrs
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 | 3.5yrs | US$1.13m | 0.52% $ 2.2m | |
| Executive VP | less than a year | US$637.07k | 0.44% $ 1.8m | |
| Executive VP & Chief Credit Officer of Bank of Marin | 3.8yrs | US$579.15k | 0.16% $ 686.1k | |
| Executive VP & Head of Commercial Banking | 1.3yrs | US$685.43k | 0.067% $ 279.9k | |
| Executive VP & Chief Information Officer | 1.7yrs | no data | 0.043% $ 179.2k | |
| Senior VP and Director of Audit | less than a year | no data | 0.018% $ 77.0k | |
| Chief Marketing Officer | no data | no data | no data | |
| Executive VP & Director of Human Resources | less than a year | no data | 0.29% $ 1.2m | |
| Executive VP & Director of Private Banking | 17.8yrs | US$179.97k | no data | |
| Senior VP & Director of Wealth Management & Trust | no data | no data | no data |
1.5yrs
Average Tenure
60yo
Average Age
Experienced Management: BMRC's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$1.13m | 0.52% $ 2.2m | |
| Independent Director | 10.7yrs | US$92.48k | 0.095% $ 396.0k | |
| Independent Director | 3.3yrs | US$85.98k | 0.70% $ 3.0m | |
| Independent Director | 35.5yrs | US$91.23k | 0.77% $ 3.2m | |
| Independent Director | 23.8yrs | US$91.23k | 0.19% $ 811.4k | |
| Independent Director | 3.5yrs | US$42.98k | 0.035% $ 144.6k | |
| Director | 18.3yrs | US$85.98k | 0.34% $ 1.4m | |
| Independent Chairman of the Board | 17.8yrs | US$108.48k | 0.25% $ 1.1m | |
| Independent Director | 11yrs | US$55.98k | 0.23% $ 956.5k | |
| Independent Director | 3.6yrs | US$91.23k | 0.045% $ 190.2k | |
| Independent Director | 3.3yrs | US$85.98k | 0.060% $ 253.3k | |
| Independent Director | 1.1yrs | no data | 0.012% $ 50.3k |
7.1yrs
Average Tenure
63yo
Average Age
Experienced Board: BMRC's board of directors are considered experienced (7.1 years average tenure).