Enterprise Bancorp Management
Management criteria checks 4/4
Enterprise Bancorp's CEO is Jack Clancy, appointed in Jan 2007, has a tenure of 17.25 years. total yearly compensation is $1.29M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 1.56% of the company’s shares, worth $4.58M. The average tenure of the management team and the board of directors is 11.6 years and 19.8 years respectively.
Key information
Jack Clancy
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 46.5% |
| CEO tenure | 17.3yrs |
| CEO ownership | 1.6% |
| Management average tenure | 11.6yrs |
| Board average tenure | 19.8yrs |
Recent management updates
Recent updates
Enterprise Bancorp: A Great Stock For Lower Interest Rates
Feb 15Enterprise Bancorp's (NASDAQ:EBTC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 22
Enterprise Bancorp's (NASDAQ:EBTC) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21Enterprise Bancorp declares $0.205 dividend
Oct 18Enterprise Bancorp GAAP EPS of $0.67, revenue of $37.5M
Jul 21Revisiting My Bullish Thesis On Enterprise Bancorp
Apr 11Enterprise Bancorp (NASDAQ:EBTC) Is Increasing Its Dividend To US$0.20
Jan 24Here's Why We Think Enterprise Bancorp (NASDAQ:EBTC) Is Well Worth Watching
Dec 18Despite Its Rally, Enterprise Bancorp Remains Undervalued
Jun 14Shareholders Will Probably Be Cautious Of Increasing Enterprise Bancorp, Inc.'s (NASDAQ:EBTC) CEO Compensation At The Moment
Apr 29Why Enterprise Bancorp, Inc. (NASDAQ:EBTC) Should Be In Your Dividend Portfolio
Apr 19What Kind Of Investors Own Most Of Enterprise Bancorp, Inc. (NASDAQ:EBTC)?
Mar 08Be Sure To Check Out Enterprise Bancorp, Inc. (NASDAQ:EBTC) Before It Goes Ex-Dividend
Feb 01How Does Enterprise Bancorp, Inc. (NASDAQ:EBTC) Stand Up To These Simple Dividend Safety Checks?
Jan 11How Much Does Enterprise Bancorp's (NASDAQ:EBTC) CEO Make?
Dec 16
Enterprise Bancorp: A High-Quality Bank That Is Deeply Undervalued
Dec 10Did Enterprise Bancorp, Inc. (NASDAQ:EBTC) Insiders Buy Up More Shares?
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$599k | US$38m |
| Sep 30 2023 | n/a | n/a | US$42m |
| Jun 30 2023 | n/a | n/a | US$45m |
| Mar 31 2023 | n/a | n/a | US$43m |
| Dec 31 2022 | US$1m | US$526k | US$43m |
| Sep 30 2022 | n/a | n/a | US$41m |
| Jun 30 2022 | n/a | n/a | US$39m |
| Mar 31 2022 | n/a | n/a | US$42m |
| Dec 31 2021 | US$1m | US$526k | US$42m |
| Sep 30 2021 | n/a | n/a | US$41m |
| Jun 30 2021 | n/a | n/a | US$42m |
| Mar 31 2021 | n/a | n/a | US$38m |
| Dec 31 2020 | US$1m | US$526k | US$31m |
| Sep 30 2020 | n/a | n/a | US$30m |
| Jun 30 2020 | n/a | n/a | US$29m |
| Mar 31 2020 | n/a | n/a | US$30m |
| Dec 31 2019 | US$1m | US$517k | US$34m |
| Sep 30 2019 | n/a | n/a | US$32m |
| Jun 30 2019 | n/a | n/a | US$31m |
| Mar 31 2019 | n/a | n/a | US$31m |
| Dec 31 2018 | US$1m | US$489k | US$29m |
| Sep 30 2018 | n/a | n/a | US$25m |
| Jun 30 2018 | n/a | n/a | US$23m |
| Mar 31 2018 | n/a | n/a | US$21m |
| Dec 31 2017 | US$1m | US$489k | US$19m |
Compensation vs Market: Jack's total compensation ($USD1.29M) is about average for companies of similar size in the US market ($USD1.60M).
Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.
CEO
Jack Clancy (65 yo)
17.3yrs
Tenure
US$1,286,878
Compensation
Mr. John P. Clancy, Jr., also known as Jack, has been the Chief Executive Officer of Enterprise BanCorp., Inc. and Enterprise Bank and Trust Company, Inc. since January 1, 2007. Mr. Clancy served as the Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman of the Board | 36.3yrs | US$923.85k | 3.52% $ 10.4m | |
| CEO & Director | 17.3yrs | US$1.29m | 1.56% $ 4.6m | |
| President & Director | 19.3yrs | US$642.96k | 1.86% $ 5.5m | |
| Executive VP | 4.5yrs | US$446.36k | 0.11% $ 335.1k | |
| EVP of Enterprise Bank and Trust Co. | no data | US$665.60k | 0.38% $ 1.1m | |
| Secretary & Independent Director | 5.9yrs | US$59.00k | 0.36% $ 1.1m | |
| General Counsel | no data | no data | no data | |
| Senior Financial Advisor & Senior VP of Enterprise Wealth Management | no data | no data | no data | |
| EVP of Admin - Enterprise Bank & Trust Co. and Commercial Lender of Enterprise Bank & Trust Co. | no data | US$220.49k | no data | |
| SVP of Enterprise Bank and Trust Co & Sr. Commercial Lending Officer of Enterprise Bank and Trust Co | no data | no data | no data |
11.6yrs
Average Tenure
68yo
Average Age
Experienced Management: EBTC's management team is seasoned and experienced (11.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman of the Board | 36.3yrs | US$923.85k | 3.52% $ 10.4m | |
| CEO & Director | 21.3yrs | US$1.29m | 1.56% $ 4.6m | |
| President & Director | 35.3yrs | US$642.96k | 1.86% $ 5.5m | |
| Secretary & Independent Director | 10.6yrs | US$59.00k | 0.36% $ 1.1m | |
| Independent Vice Chairman & Lead Director | 35.3yrs | US$76.60k | 0.30% $ 877.4k | |
| Independent Director | 18.3yrs | US$68.20k | 0.27% $ 802.2k | |
| Independent Director | 6.8yrs | US$55.40k | 7.63% $ 22.5m | |
| Independent Director | 26.3yrs | US$56.80k | 0.67% $ 2.0m | |
| Independent Director | 25.3yrs | US$67.30k | 0.21% $ 613.6k | |
| Independent Director | 3.6yrs | US$56.30k | 0.072% $ 212.4k | |
| Independent Director | 13.6yrs | US$57.60k | 0.20% $ 587.9k | |
| Independent Director | 13.6yrs | US$65.30k | 0.14% $ 419.5k |
19.8yrs
Average Tenure
70yo
Average Age
Experienced Board: EBTC's board of directors are seasoned and experienced ( 19.8 years average tenure).