Financial Institutions Management
Management criteria checks 3/4
Financial Institutions' CEO is Marty Birmingham, appointed in Aug 2012, has a tenure of 11.67 years. total yearly compensation is $1.47M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $2.35M. The average tenure of the management team and the board of directors is 2 years and 8.9 years respectively.
Key information
Marty Birmingham
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 48.5% |
| CEO tenure | 11.7yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
Financial Institutions (NASDAQ:FISI) Is Increasing Its Dividend To $0.30
Feb 24
Financial Institutions Is Very Cheap, But Now Is Not The Right Time To Buy
Sep 23Financial Institutions declares $0.29 dividend
Aug 22Financial Institutions Q2 GAAP EPS, revenue beats
Jul 28Financial Institutions' (NASDAQ:FISI) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 22Here's Why I Think Financial Institutions (NASDAQ:FISI) Might Deserve Your Attention Today
Aug 12Financial Institutions: The Current Valuation Still Leaves Me Uninspired
Aug 02It's Unlikely That Financial Institutions, Inc.'s (NASDAQ:FISI) CEO Will See A Huge Pay Rise This Year
Jun 10Financial Institutions, Inc. 2021 Q1 - Results - Earnings Call Presentation
Apr 30Is Now The Time To Put Financial Institutions (NASDAQ:FISI) On Your Watchlist?
Apr 30Here's What We Like About Financial Institutions' (NASDAQ:FISI) Upcoming Dividend
Mar 13Are You An Income Investor? Don't Miss Out On Financial Institutions, Inc. (NASDAQ:FISI)
Mar 08How Much Did Financial Institutions'(NASDAQ:FISI) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 09Financial Institutions, Inc. 2020 Q4 - Results - Earnings Call Presentation
Jan 29What You Need To Know About Financial Institutions, Inc.'s (NASDAQ:FISI) Investor Composition
Jan 14
How Much Are Financial Institutions, Inc. (NASDAQ:FISI) Insiders Spending On Buying Shares?
Dec 19Financial Institutions, Inc.'s (NASDAQ:FISI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Nov 28Financial Institutions declares $0.26 dividend
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$714k | US$49m |
| Sep 30 2023 | n/a | n/a | US$51m |
| Jun 30 2023 | n/a | n/a | US$51m |
| Mar 31 2023 | n/a | n/a | US$52m |
| Dec 31 2022 | US$1m | US$692k | US$55m |
| Sep 30 2022 | n/a | n/a | US$63m |
| Jun 30 2022 | n/a | n/a | US$66m |
| Mar 31 2022 | n/a | n/a | US$71m |
| Dec 31 2021 | US$1m | US$656k | US$76m |
| Sep 30 2021 | n/a | n/a | US$70m |
| Jun 30 2021 | n/a | n/a | US$66m |
| Mar 31 2021 | n/a | n/a | US$56m |
| Dec 31 2020 | US$1m | US$620k | US$37m |
| Sep 30 2020 | n/a | n/a | US$36m |
| Jun 30 2020 | n/a | n/a | US$37m |
| Mar 31 2020 | n/a | n/a | US$37m |
| Dec 31 2019 | US$1m | US$575k | US$47m |
| Sep 30 2019 | n/a | n/a | US$42m |
| Jun 30 2019 | n/a | n/a | US$40m |
| Mar 31 2019 | n/a | n/a | US$40m |
| Dec 31 2018 | US$1m | US$560k | US$38m |
| Sep 30 2018 | n/a | n/a | US$42m |
| Jun 30 2018 | n/a | n/a | US$39m |
| Mar 31 2018 | n/a | n/a | US$33m |
| Dec 31 2017 | US$1m | US$530k | US$32m |
Compensation vs Market: Marty's total compensation ($USD1.47M) is about average for companies of similar size in the US market ($USD1.65M).
Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.
CEO
Marty Birmingham (57 yo)
11.7yrs
Tenure
US$1,472,884
Compensation
Mr. Martin K. Birmingham, also known as Marty, is Chief Executive Officer of Financial Institutions Inc. and Five Star Bank from March 1, 2013 and serves as its President of Financial Institutions Inc. and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.7yrs | US$1.47m | 0.93% $ 2.4m | |
| Executive VP | 3.2yrs | US$588.04k | 0.049% $ 122.6k | |
| Executive VP | 5.4yrs | US$481.21k | 0.066% $ 166.8k | |
| Chief Human Resources Officer | no data | US$440.23k | 0.0094% $ 23.8k | |
| Senior VP & Chief Commercial Banking Officer | 3.2yrs | US$544.92k | 0.021% $ 54.0k | |
| Senior VP | less than a year | no data | no data | |
| Director of Investor & External Relations | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | less than a year | no data | no data | |
| Senior VP | no data | no data | no data | |
| Senior VP | no data | US$486.61k | no data | |
| Senior VP & Chief Information Security Officer | less than a year | no data | no data | |
| Chief Banking Officer | less than a year | no data | 0.00033% $ 832.9 |
2.0yrs
Average Tenure
52.5yo
Average Age
Experienced Management: FISI's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.8yrs | US$1.47m | 0.93% $ 2.4m | |
| Independent Chairman of the Board | 21.9yrs | US$143.98k | 0.23% $ 588.8k | |
| Independent Director | 23.9yrs | US$79.98k | 0.23% $ 569.3k | |
| Independent Director | 6.8yrs | US$87.48k | 0.076% $ 192.6k | |
| Independent Director | 7.8yrs | US$89.98k | 0.16% $ 410.3k | |
| Independent Director | 9.9yrs | US$89.98k | 0.22% $ 562.5k | |
| Independent Director | 2.8yrs | US$79.98k | 0.045% $ 114.8k | |
| Independent Director | 19.1yrs | US$79.98k | 0.19% $ 482.0k | |
| Independent Director | 1.7yrs | US$79.98k | 0.018% $ 45.4k | |
| Independent Director | 9.9yrs | US$94.98k | 0.25% $ 625.6k | |
| Independent Director | 2.8yrs | US$79.98k | 0.030% $ 76.8k | |
| Independent Director | 6.4yrs | US$87.48k | 0.097% $ 243.8k |
8.9yrs
Average Tenure
65.5yo
Average Age
Experienced Board: FISI's board of directors are considered experienced (8.9 years average tenure).