Eastern Bankshares Management
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Rivers (57 yo)
Mr. Robert F. Rivers, also known as Bob, has been the Chief Executive Officer of Eastern Bank since January 1, 2017 and serves as its Chairman since January 1, 2017. Mr. Rivers serves as Chairman and Chief...
CEO Compensation Analysis
|Date||Total Comp.||Salary||Company Earnings|
|Sep 30 2022||n/a||n/a|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$4m||US$995k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$4m||US$988k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$3m||US$929k|
Compensation vs Market: Bob's total compensation ($USD4.21M) is below average for companies of similar size in the US market ($USD6.61M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|Chairman & CEO||5.83yrs||US$4.21m||0.13% |
|President||no data||US$1.79m||0.053% |
|CFO, Chief Administrative Officer & Treasurer||no data||US$1.84m||0.094% |
|Head of Investor Relations||no data||no data||no data|
|Executive VP||no data||no data||0.013% |
|President & CEO of Eastern Insurance Group LLC||0.83yr||no data||0.011% |
|President & CEO of Eastern Bank Foundation||3.33yrs||no data||0.039% |
Experienced Management: EBC's management team is considered experienced (3.3 years average tenure).
|Chairman & CEO||15.83yrs||US$4.21m||0.13% |
|Independent Director||8.83yrs||US$1.36m||0.072% |
|Independent Director||6.83yrs||US$1.34m||0.067% |
|Independent Director||11.83yrs||US$1.37m||0.048% |
|Independent Lead Director||21.83yrs||US$1.39m||0.061% |
|Independent Director||16.83yrs||US$1.37m||0.10% |
|Independent Director||26.83yrs||US$1.38m||0.12% |
|Independent Director||7.92yrs||US$1.36m||0.10% |
|Independent Director||6.83yrs||US$1.35m||0.056% |
|Independent Director||8.83yrs||US$1.34m||0.048% |
|Independent Director||4.83yrs||US$1.34m||0.11% |
Experienced Board: EBC's board of directors are seasoned and experienced ( 10.3 years average tenure).