BV Financial Management
Management criteria checks 4/4
BV Financial's CEO is David Flair, appointed in Feb 2019, has a tenure of 5.75 years. total yearly compensation is $765.78K, comprised of 47.8% salary and 52.2% bonuses, including company stock and options. directly owns 1.73% of the company’s shares, worth $3.19M. The average tenure of the management team and the board of directors is 5.8 years and 5.8 years respectively.
Key information
David Flair
Chief executive officer
US$765.8k
Total compensation
| CEO salary percentage | 47.8% |
| CEO tenure | 5.8yrs |
| CEO ownership | 1.7% |
| Management average tenure | 5.8yrs |
| Board average tenure | 5.8yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$13m |
| Jun 30 2024 | n/a | n/a | US$13m |
| Mar 31 2024 | n/a | n/a | US$13m |
| Dec 31 2023 | US$766k | US$366k | US$14m |
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | US$12m |
| Mar 31 2023 | n/a | n/a | US$11m |
| Dec 31 2022 | US$711k | US$352k | US$11m |
Compensation vs Market: David's total compensation ($USD765.78K) is below average for companies of similar size in the US market ($USD1.47M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Flair (60 yo)
5.8yrs
Tenure
US$765,782
Compensation
Mr. David M. Flair has been Co-Chief Executive Officer and Co-President of Bay-Vanguard, MHC, BayVanguard Bank, and BV Financial, Inc. since February 28, 2019. Mr. Flair served as Chief Executive Officer o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-President | 5.8yrs | US$765.78k | 1.73% $ 3.2m | |
| Co-President | 5.8yrs | US$781.25k | 3.24% $ 6.0m | |
| Executive VP & CFO | 10.8yrs | US$360.68k | 0.68% $ 1.2m | |
| EVP, Chief Lending Officer | 4yrs | US$311.23k | 0.078% $ 143.9k | |
| Executive Vice President of Human Resources | 3.8yrs | no data | 0.25% $ 452.3k | |
| Corporate Secretary | no data | no data | no data |
5.8yrs
Average Tenure
56yo
Average Age
Experienced Management: BVFL's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-President | 12yrs | US$765.78k | 1.73% $ 3.2m | |
| Co-President | 5.8yrs | US$781.25k | 3.24% $ 6.0m | |
| Independent Director | 37.8yrs | US$39.47k | 0.34% $ 622.0k | |
| Independent Director | 12yrs | US$37.47k | 0.64% $ 1.2m | |
| Independent Chairman | 5.8yrs | US$55.89k | 0.57% $ 1.0m | |
| Independent Director | 9yrs | US$35.14k | 1.51% $ 2.8m | |
| Independent Director | 2.8yrs | US$21.63k | 0.44% $ 803.0k | |
| Independent Director | 5.8yrs | US$46.24k | 0.50% $ 922.6k | |
| Independent Director | 5.8yrs | US$22.47k | 0.22% $ 399.3k | |
| Independent Director | 1.5yrs | US$8.25k | 0.24% $ 447.4k |
5.8yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BVFL's board of directors are considered experienced (5.8 years average tenure).