First United Management

Management criteria checks 4/4

First United's CEO is Carissa Rodeheaver, appointed in Nov 2012, has a tenure of 11.42 years. total yearly compensation is $609.85K, comprised of 70.5% salary and 29.5% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth $933.18K. The average tenure of the management team and the board of directors is 10.2 years and 9.9 years respectively.

Key information

Carissa Rodeheaver

Chief executive officer

US$609.8k

Total compensation

CEO salary percentage	70.5%
CEO tenure	11.4yrs
CEO ownership	0.6%
Management average tenure	10.2yrs
Board average tenure	9.9yrs

Recent management updates

It's Probably Less Likely That First United Corporation's (NASDAQ:FUNC) CEO Will See A Huge Pay Rise This Year

May 14

Recent updates

First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of $0.20

Mar 19

If EPS Growth Is Important To You, First United (NASDAQ:FUNC) Presents An Opportunity

Jun 08

It's Probably Less Likely That First United Corporation's (NASDAQ:FUNC) CEO Will See A Huge Pay Rise This Year

May 14

First United reports Q1 results

May 04

Here's Why I Think First United (NASDAQ:FUNC) Is An Interesting Stock

Mar 30

First United Corporation (NASDAQ:FUNC) Is Yielding 2.7% - But Is It A Buy?

Mar 08

Investors Who Bought First United (NASDAQ:FUNC) Shares Five Years Ago Are Now Up 77%

Feb 10

CEO Compensation Analysis

How has Carissa Rodeheaver's remuneration changed compared to First United's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$14m
Dec 31 2023	US$610k	US$430k	US$15m
Sep 30 2023	n/a	n/a	US$20m
Jun 30 2023	n/a	n/a	US$23m
Mar 31 2023	n/a	n/a	US$24m
Dec 31 2022	US$732k	US$413k	US$25m
Sep 30 2022	n/a	n/a	US$26m
Jun 30 2022	n/a	n/a	US$23m
Mar 31 2022	n/a	n/a	US$22m
Dec 31 2021	US$559k	US$401k	US$20m
Sep 30 2021	n/a	n/a	US$17m
Jun 30 2021	n/a	n/a	US$17m
Mar 31 2021	n/a	n/a	US$16m
Dec 31 2020	US$539k	US$395k	US$14m
Sep 30 2020	n/a	n/a	US$12m
Jun 30 2020	n/a	n/a	US$12m
Mar 31 2020	n/a	n/a	US$12m
Dec 31 2019	US$400k	US$389k	US$13m
Sep 30 2019	n/a	n/a	US$13m
Jun 30 2019	n/a	n/a	US$11m
Mar 31 2019	n/a	n/a	US$11m
Dec 31 2018	US$394k	US$378k	US$11m
Sep 30 2018	n/a	n/a	US$7m
Jun 30 2018	n/a	n/a	US$6m
Mar 31 2018	n/a	n/a	US$5m
Dec 31 2017	US$375k	US$365k	US$4m

Compensation vs Market: Carissa's total compensation ($USD609.85K) is about average for companies of similar size in the US market ($USD667.11K).

Compensation vs Earnings: Carissa's compensation has been consistent with company performance over the past year.

CEO

Carissa Rodeheaver (57 yo)

11.4yrs

Tenure

US$609,845

Compensation

Ms. Carissa L. Rodeheaver, C.P.A., has been the Chairman of the Board and Chief Executive Officer of First United Corporation and First United Bank & Trust since January 1, 2016 and has been its President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Carissa Rodeheaver	Chairman	11.4yrs	US$609.85k	0.63% $ 933.2k
Jason Rush	Senior VP & COO	7.3yrs	US$376.87k	0.31% $ 461.3k
Robert Fisher	Senior VP & Chief Revenue Officer	no data	US$380.27k	0.16% $ 237.9k
Tonya Sturm	Senior VP	8.9yrs	no data	0.12% $ 172.1k
Keith Sanders	Senior VP & Senior Trust Officer	12.4yrs	US$217.83k	0.18% $ 272.7k

10.2yrs

Average Tenure

54yo

Average Age

Experienced Management: FUNC's management team is seasoned and experienced (10.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Carissa Rodeheaver	Chairman	11.4yrs	US$609.85k	0.63% $ 933.2k
Irvin Rudy	Independent Director	31.9yrs	US$50.13k	0.66% $ 982.5k
Hoye Walls	Independent Director	17.9yrs	US$49.63k	0.72% $ 1.1m
John Barr	Independent Director	9.9yrs	US$47.93k	0.40% $ 595.6k
Brian Boal	Lead Independent Director	9.9yrs	US$51.83k	0.26% $ 381.0k
Marisa Shockley	Independent Director	9.9yrs	US$47.33k	0.38% $ 562.4k
Patricia Milon	Independent Director	3.8yrs	US$46.13k	0.13% $ 188.9k
Christy DiPietro	Independent Director	3.3yrs	US$51.88k	0.18% $ 270.2k
Sanu Chadha	Independent Director	3.3yrs	US$49.63k	0.084% $ 124.7k
Beth Moran	Independent Director	1.3yrs	US$60.28k	3.14% $ 4.6m
Kevin Hessler	Independent Director	less than a year	US$23.43k	0.013% $ 19.0k

9.9yrs

Average Tenure

59yo

Average Age

Experienced Board: FUNC's board of directors are considered experienced (9.9 years average tenure).

First United Management

Management criteria checks 4/4

Key information

Recent management updates

First United Corporation, Annual General Meeting, May 09, 2024

First United Corporation, Annual General Meeting, May 12, 2022

Independent Director recently bought US$54k worth of stock

Independent Director recently bought US$55k worth of stock

It's Probably Less Likely That First United Corporation's (NASDAQ:FUNC) CEO Will See A Huge Pay Rise This Year

First United Corporation Announces Board Changes

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations

First United Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

Upcoming dividend of US$0.20 per share

First United Corporation, Annual General Meeting, May 09, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of $0.20

Fourth quarter dividend of US$0.20 announced

First United Corporation Declares a Cash Dividend, Payable on May 1, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

First United Corporation Reports Net Charge Off for the Fourth Quarter Ended December 31, 2023

Upcoming dividend of US$0.20 per share at 3.6% yield

Investor sentiment improves as stock rises 16%

First United Corporation Announces First Quarter 2024 Dividend, Payable on February 1, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.20 per share at 4.9% yield

First United Corporation Announces Fourth Quarter 2023 Dividend, Payable on November 1, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.20 per share at 5.7% yield

New major risk - Revenue and earnings growth

First United Corporation Announces Third Quarter 2023 Dividend, Payable on August 1, 2023

If EPS Growth Is Important To You, First United (NASDAQ:FUNC) Presents An Opportunity

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of US$0.20 per share at 4.8% yield

Full year 2022 earnings released: EPS: US$3.77 (vs US$2.95 in FY 2021)

First United (NASDAQ:FUNC) Is Increasing Its Dividend To $0.20

Full year 2022 earnings released: EPS: US$3.77 (vs US$2.95 in FY 2021)

First United Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Upcoming dividend of US$0.18 per share

First United's (NASDAQ:FUNC) Dividend Will Be Increased To $0.18

First United Corporation Declares Cash Dividend, Payable on February 1, 2023

Third quarter 2022 earnings released: EPS: US$1.04 (vs US$0.66 in 3Q 2021)

First United Corporation Reports Net Charge-Offs of for the Third Quarter Ended September 30, 2022

First United Non-GAAP EPS of $1.04, revenue of $19.75M

Upcoming dividend of US$0.15 per share

First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of $0.15

First United Corporation Announces Fourth Quarter Dividend of 2022, Payable on November 1, 2022

First United declares $0.15 dividend

First United Corporation Announces Net Charge-Offs for the Second Quarter Ended June 30, 2022

Second quarter 2022 earnings released: EPS: US$0.82 (vs US$0.67 in 2Q 2021)

First United Non-GAAP EPS of $0.82, revenue of $18.38M

First United (NASDAQ:FUNC) Is Paying Out A Dividend Of $0.15

Upcoming dividend of US$0.15 per share

First United Corporation Announces Third Quarter Dividend of 2022, Payable on August 1, 2022

First United declares $0.15 dividend

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.15 per share

First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of US$0.15

First United Corporation, Annual General Meeting, May 12, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of US$0.15

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.15 per share

Third quarter 2021 earnings released: EPS US$0.66 (vs US$0.71 in 3Q 2020)

Upcoming dividend of US$0.15 per share

Independent Director recently bought US$54k worth of stock

Second quarter 2021 earnings released: EPS US$0.66 (vs US$0.37 in 2Q 2020)

Upcoming dividend of US$0.15 per share

Independent Director recently bought US$55k worth of stock

First United Corporation(NasdaqGS:FUNC) dropped from Russell 3000E Value Index

First United stock rises 2.6% after Raymond James initiates at Outperform

Independent Director has left the company

Independent Director has left the company

It's Probably Less Likely That First United Corporation's (NASDAQ:FUNC) CEO Will See A Huge Pay Rise This Year

First quarter 2021 earnings released: EPS US$0.49 (vs US$0.25 in 1Q 2020)