First Bancorp Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Richard Moore (61 yo)

12.83yrs

Tenure

US$1,487,248

Compensation

Mr. Richard Hancock Moore has been the Chief Executive Officer of First BanCorp since June 11, 2012. Mr. Moore served as Treasurer of First Bancorp. He served as the Chief Executive Officer of First Bank s...


CEO Compensation Analysis

How has Richard Moore's remuneration changed compared to First Bancorp's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$118m

Jun 30 2022n/an/a

US$108m

Mar 31 2022n/an/a

US$101m

Dec 31 2021US$1mUS$466k

US$95m

Sep 30 2021n/an/a

US$108m

Jun 30 2021n/an/a

US$104m

Mar 31 2021n/an/a

US$91m

Dec 31 2020US$1mUS$409k

US$81m

Sep 30 2020n/an/a

US$78m

Jun 30 2020n/an/a

US$80m

Mar 31 2020n/an/a

US$87m

Dec 31 2019US$1mUS$400k

US$92m

Sep 30 2019n/an/a

US$95m

Jun 30 2019n/an/a

US$92m

Mar 31 2019n/an/a

US$91m

Dec 31 2018US$1mUS$400k

US$89m

Sep 30 2018n/an/a

US$80m

Jun 30 2018n/an/a

US$71m

Mar 31 2018n/an/a

US$59m

Dec 31 2017US$1mUS$416k

US$46m

Sep 30 2017n/an/a

US$40m

Jun 30 2017n/an/a

US$32m

Mar 31 2017n/an/a

US$28m

Dec 31 2016US$1mUS$525k

US$27m

Compensation vs Market: Richard's total compensation ($USD1.49M) is below average for companies of similar size in the US market ($USD5.45M).

Compensation vs Earnings: Richard's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Richard Moore
Chairman & CEO10.58yrsUS$1.49m0.41%
$ 5.8m
Michael Mayer
President & Director6.92yrsUS$1.64m0.22%
$ 3.2m
Elizabeth Bostian
Executive VP1.17yrsUS$871.03k0.017%
$ 247.8k
Blaise Buczkowski
Executive VP1.17yrsno datano data

4.0yrs

Average Tenure

59.5yo

Average Age

Experienced Management: FBNC's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Moore
Chairman & CEO12.83yrsUS$1.49m0.41%
$ 5.8m
Michael Mayer
President & Director5.92yrsUS$1.64m0.22%
$ 3.2m
James Crawford
Lead Independent Director14.75yrsUS$81.50k0.24%
$ 3.4m
Dennis Wicker
Independent Director21.75yrsUS$64.00k0.074%
$ 1.1m
Virginia Thomasson
Independent Director22.75yrsUS$74.00k0.091%
$ 1.3m
Suzanne DeFerie
Non-Independent Director5.25yrsUS$64.00k0.24%
$ 3.4m
Frederick Taylor
Independent Director17.67yrsUS$64.00k0.11%
$ 1.5m
Mary Capel
Independent Director17.67yrsUS$64.00k0.032%
$ 463.6k
Dexter Perry
Independent Director1.5yrsUS$16.00k0.0098%
$ 139.6k
John Gould
Independent Director5.25yrsUS$64.00k0.12%
$ 1.7m
O. Sloan
Independent Director7.67yrsUS$64.00k0.037%
$ 528.1k
Abby Donnelly
Independent Director5.83yrsUS$64.00k0.019%
$ 276.1k

10.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: FBNC's board of directors are seasoned and experienced ( 10.3 years average tenure).