Glen Burnie Bancorp Management
Management criteria checks 3/4
Glen Burnie Bancorp's CEO is Mark Hanna, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is $285.60K, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth $13.52K. The average tenure of the management team and the board of directors is 7.2 years and 9.7 years respectively.
Key information
Mark Hanna
Chief executive officer
US$285.6k
Total compensation
| CEO salary percentage | 20.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.09% |
| Management average tenure | 7.2yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
Glen Burnie Bancorp (NASDAQ:GLBZ) Is Paying Out A Dividend Of $0.10
Jul 20
Glen Burnie Bancorp's (NASDAQ:GLBZ) Dividend Will Be $0.10
Apr 18Glen Burnie Bancorp declares $0.10 dividend
Oct 14Glen Burnie Bancorp GAAP EPS of $0.11, revenue of $3.06M
Aug 08Glen Burnie Bancorp (NASDAQ:GLBZ) Has Affirmed Its Dividend Of $0.10
Jul 21Glen Burnie Bancorp declares $0.10 dividend
Jul 15Glen Burnie Bancorp's (NASDAQ:GLBZ) Dividend Will Be US$0.10
Apr 21Glen Burnie Bancorp's (NASDAQ:GLBZ) Dividend Will Be US$0.10
Jan 18Glen Burnie Bancorp (NASDAQ:GLBZ) Is Due To Pay A Dividend Of US$0.10
Oct 18There Could Be A Chance Glen Burnie Bancorp's (NASDAQ:GLBZ) CEO Will Have Their Compensation Increased
May 07With EPS Growth And More, Glen Burnie Bancorp (NASDAQ:GLBZ) Is Interesting
Jan 25
How Is Glen Burnie Bancorp's (NASDAQ:GLBZ) CEO Paid Relative To Peers?
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$997k |
| Dec 31 2023 | US$286k | US$60k | US$1m |
Compensation vs Market: Mark's total compensation ($USD285.60K) is below average for companies of similar size in the US market ($USD667.96K).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Hanna (55 yo)
less than a year
Tenure
US$285,598
Compensation
Mr. Mark Christopher Hanna is President & Chief Executive Officer of Glen Burnie Bancorp and The Bank of Glen Burnie from October 16, 2023. He serves as Director of Glen Burnie Bancorp. He was Executive Vi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$285.60k | 0.090% $ 13.5k | |
| Senior VP | 7.2yrs | US$218.39k | no data | |
| Director of Marketing & Public Relations | no data | no data | no data | |
| Senior VP | 7.5yrs | US$157.21k | 0.12% $ 17.4k |
7.2yrs
Average Tenure
63yo
Average Age
Experienced Management: GLBZ's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$285.60k | 0.090% $ 13.5k | |
| Chairman of the Board | 29.3yrs | US$77.66k | 9.88% $ 1.5m | |
| Independent Director | 32.3yrs | US$29.45k | 1.34% $ 201.7k | |
| Independent Director | 27.3yrs | US$19.40k | 0.82% $ 123.8k | |
| Independent Director | 29.3yrs | US$24.45k | 0.064% $ 9.6k | |
| Independent Director | 9.7yrs | US$22.95k | 0.036% $ 5.5k | |
| Independent Director | 5.8yrs | US$22.00k | 1.79% $ 268.5k | |
| Independent Director | 5.8yrs | US$15.55k | 0.0035% $ 519.5 | |
| Independent Director | 5yrs | US$26.35k | 0.0035% $ 519.5 |
9.7yrs
Average Tenure
67yo
Average Age
Experienced Board: GLBZ's board of directors are considered experienced (9.7 years average tenure).