First Community Bankshares Management
Management criteria checks 3/4
First Community Bankshares' CEO is Will Stafford, appointed in Aug 2013, has a tenure of 10.67 years. total yearly compensation is $1.20M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 1.14% of the company’s shares, worth $7.01M. The average tenure of the management team and the board of directors is 10.7 years and 8.7 years respectively.
Key information
Will Stafford
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 39.7% |
| CEO tenure | 10.7yrs |
| CEO ownership | 1.1% |
| Management average tenure | 10.7yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
First Community Bankshares (NASDAQ:FCBC) Is Paying Out A Dividend Of $0.29
Jan 27
First Community Bankshares (NASDAQ:FCBC) Has Announced A Dividend Of $0.29
Jul 29First Community Bankshares' (NASDAQ:FCBC) Upcoming Dividend Will Be Larger Than Last Year's
Jul 30First Community Bancshares Non-GAAP EPS of $0.67, revenue of $36.4M
Jul 26If You Like EPS Growth Then Check Out First Community Bankshares (NASDAQ:FCBC) Before It's Too Late
Sep 28First Community Bankshares' (NASDAQ:FCBC) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 04Some Shareholders May find It Hard To Increase First Community Bankshares, Inc.'s (NASDAQ:FCBC) CEO Compensation This Year
Apr 21You Have To Love First Community Bankshares, Inc.'s (NASDAQ:FCBC) Dividend
Mar 23What Kind Of Shareholders Hold The Majority In First Community Bankshares, Inc.'s (NASDAQ:FCBC) Shares?
Feb 25Why You Might Be Interested In First Community Bankshares, Inc. (NASDAQ:FCBC) For Its Upcoming Dividend
Jan 30Shareholders Of First Community Bankshares (NASDAQ:FCBC) Must Be Happy With Their 55% Return
Jan 07
Who Has Been Buying First Community Bankshares, Inc. (NASDAQ:FCBC) Shares?
Dec 12First Community Bancshares goes ex-dividend tomorrow
Nov 04First Community Bancshares: Looks Good Under $19
Oct 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$49m |
| Dec 31 2023 | US$1m | US$477k | US$48m |
| Sep 30 2023 | n/a | n/a | US$49m |
| Jun 30 2023 | n/a | n/a | US$48m |
| Mar 31 2023 | n/a | n/a | US$49m |
| Dec 31 2022 | US$970k | US$458k | US$47m |
| Sep 30 2022 | n/a | n/a | US$45m |
| Jun 30 2022 | n/a | n/a | US$44m |
| Mar 31 2022 | n/a | n/a | US$46m |
| Dec 31 2021 | US$691k | US$428k | US$51m |
| Sep 30 2021 | n/a | n/a | US$52m |
| Jun 30 2021 | n/a | n/a | US$48m |
| Mar 31 2021 | n/a | n/a | US$43m |
| Dec 31 2020 | US$867k | US$420k | US$36m |
| Sep 30 2020 | n/a | n/a | US$34m |
| Jun 30 2020 | n/a | n/a | US$35m |
| Mar 31 2020 | n/a | n/a | US$37m |
| Dec 31 2019 | US$827k | US$420k | US$39m |
| Sep 30 2019 | n/a | n/a | US$39m |
| Jun 30 2019 | n/a | n/a | US$38m |
| Mar 31 2019 | n/a | n/a | US$37m |
| Dec 31 2018 | US$741k | US$420k | US$36m |
| Sep 30 2018 | n/a | n/a | US$28m |
| Jun 30 2018 | n/a | n/a | US$27m |
| Mar 31 2018 | n/a | n/a | US$24m |
| Dec 31 2017 | US$668k | US$400k | US$21m |
Compensation vs Market: Will's total compensation ($USD1.20M) is below average for companies of similar size in the US market ($USD3.44M).
Compensation vs Earnings: Will's compensation has increased by more than 20% in the past year.
CEO
Will Stafford (59 yo)
10.7yrs
Tenure
US$1,200,029
Compensation
Mr. William P. Stafford, II, also known as Will, has been the Chief Executive Officer of First Community Bankshares, Inc., the holding company of First Community Bank since August 31, 2013. Mr. Stafford se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 10.7yrs | US$1.20m | 1.14% $ 7.0m | |
| President & Director | 10.7yrs | US$1.31m | 0.24% $ 1.5m | |
| Chief Financial Officer | 17.9yrs | US$687.56k | 0.11% $ 683.3k | |
| Chief Operating Officer | 4.3yrs | US$590.46k | 0.098% $ 604.4k | |
| Chief Administrative Officer | 6.3yrs | US$522.76k | 0.032% $ 198.3k | |
| Chief Risk Officer | 3.3yrs | no data | 0.0072% $ 44.5k | |
| Treasurer | 11.3yrs | no data | no data |
10.7yrs
Average Tenure
48yo
Average Age
Experienced Management: FCBC's management team is seasoned and experienced (10.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.3yrs | US$1.20m | 1.14% $ 7.0m | |
| President & Director | 7.7yrs | US$1.31m | 0.24% $ 1.5m | |
| Vice Chairman & Lead Independent Director | 10.7yrs | US$248.78k | 0.090% $ 557.7k | |
| Independent Director | 8.7yrs | US$76.03k | 0.095% $ 586.5k | |
| Director of First Community Bank NA | no data | no data | no data | |
| Independent Director | 15.5yrs | US$109.16k | 0.31% $ 1.9m | |
| Director of First Community Bank NA | no data | no data | no data | |
| Director of First Community Bank NA | no data | no data | no data | |
| Director of First Community Bank NA | no data | no data | no data | |
| Independent Director | 8.7yrs | US$105.82k | 0.62% $ 3.8m | |
| Independent Director | 3.3yrs | US$80.79k | 0.0027% $ 16.7k | |
| Independent Director | 2.3yrs | US$78.78k | 0.15% $ 951.9k |
8.7yrs
Average Tenure
66yo
Average Age
Experienced Board: FCBC's board of directors are considered experienced (8.7 years average tenure).