NBT Bancorp Management
Management criteria checks 4/4
NBT Bancorp's CEO is John Watt, appointed in Dec 2016, has a tenure of 7.33 years. total yearly compensation is $2.52M, comprised of 34.1% salary and 65.9% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $5.31M. The average tenure of the management team and the board of directors is 5.3 years and 7.9 years respectively.
Key information
John Watt
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 34.1% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.3yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
NBT Bancorp (NASDAQ:NBTB) Will Pay A Larger Dividend Than Last Year At $0.32
Aug 18
NBT Bancorp (NASDAQ:NBTB) Is Paying Out A Larger Dividend Than Last Year
Jul 29Earnings Beat: NBT Bancorp Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 28Here's Why I Think NBT Bancorp (NASDAQ:NBTB) Is An Interesting Stock
Dec 28NBT Bancorp's (NASDAQ:NBTB) Dividend Will Be Increased To US$0.28
Oct 30Do NBT Bancorp's (NASDAQ:NBTB) Earnings Warrant Your Attention?
Sep 28NBT Bancorp's (NASDAQ:NBTB) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 03Does NBT Bancorp (NASDAQ:NBTB) Deserve A Spot On Your Watchlist?
Jun 21Here's Why NBT Bancorp Inc.'s (NASDAQ:NBTB) CEO Compensation Is The Least Of Shareholders' Concerns
May 19NBT Bancorp declares $0.27 dividend
Apr 26Have Insiders Been Selling NBT Bancorp Inc. (NASDAQ:NBTB) Shares?
Mar 08Is NBT Bancorp Inc. (NASDAQ:NBTB) A Smart Choice For Dividend Investors?
Feb 08NBT Bancorp (NASDAQ:NBTB) Has Compensated Shareholders With A Respectable 57% Return On Their Investment
Jan 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$119m |
| Dec 31 2023 | US$3m | US$860k | US$119m |
| Sep 30 2023 | n/a | n/a | US$124m |
| Jun 30 2023 | n/a | n/a | US$139m |
| Mar 31 2023 | n/a | n/a | US$147m |
| Dec 31 2022 | US$3m | US$835k | US$152m |
| Sep 30 2022 | n/a | n/a | US$153m |
| Jun 30 2022 | n/a | n/a | US$152m |
| Mar 31 2022 | n/a | n/a | US$154m |
| Dec 31 2021 | US$3m | US$800k | US$155m |
| Sep 30 2021 | n/a | n/a | US$152m |
| Jun 30 2021 | n/a | n/a | US$149m |
| Mar 31 2021 | n/a | n/a | US$134m |
| Dec 31 2020 | US$2m | US$800k | US$104m |
| Sep 30 2020 | n/a | n/a | US$99m |
| Jun 30 2020 | n/a | n/a | US$96m |
| Mar 31 2020 | n/a | n/a | US$102m |
| Dec 31 2019 | US$2m | US$761k | US$121m |
| Sep 30 2019 | n/a | n/a | US$121m |
| Jun 30 2019 | n/a | n/a | US$118m |
| Mar 31 2019 | n/a | n/a | US$116m |
| Dec 31 2018 | US$2m | US$725k | US$113m |
| Sep 30 2018 | n/a | n/a | US$102m |
| Jun 30 2018 | n/a | n/a | US$95m |
| Mar 31 2018 | n/a | n/a | US$88m |
| Dec 31 2017 | US$2m | US$650k | US$82m |
Compensation vs Market: John's total compensation ($USD2.52M) is below average for companies of similar size in the US market ($USD5.61M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Watt (65 yo)
7.3yrs
Tenure
US$2,522,200
Compensation
Mr. John H. Watt, Jr. is Chief Executive Officer, President and Director of NBT Bancorp Inc. since December 19, 2016. Prior to that, Mr. Watt was an Executive Vice President of the Company and President of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$2.52m | 0.32% $ 5.3m | |
| Executive VP & CFO | 2.8yrs | US$864.27k | 0.037% $ 621.5k | |
| Executive VP | 18.3yrs | US$740.56k | 0.18% $ 3.0m | |
| Executive VP | 2yrs | US$864.81k | 0.0050% $ 83.4k | |
| EVP, President of Wealth Management & Regional President for the Capital District and North Country | 2.7yrs | US$704.34k | 0.0089% $ 150.5k | |
| Senior VP | no data | no data | no data | |
| Senior VP & Chief Accounting Officer | 4.4yrs | US$609.77k | 0.016% $ 268.1k | |
| Senior VP & Director of Corporate Communications | no data | no data | no data | |
| Executive Vice President of Consumer Lending | 5.3yrs | no data | 0.022% $ 363.8k | |
| Senior VP & Director of Audit | no data | no data | no data | |
| Executive VP & President of Commercial Banking | 7.3yrs | US$837.34k | 0.044% $ 741.3k | |
| Executive VP and Chief Credit & Risk Officer | 6.5yrs | US$780.94k | 0.025% $ 415.4k |
5.3yrs
Average Tenure
56.5yo
Average Age
Experienced Management: NBTB's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$2.52m | 0.32% $ 5.3m | |
| Executive Vice President | less than a year | no data | 0.12% $ 2.0m | |
| Independent Chairman | 19.3yrs | US$206.79k | 0.24% $ 4.0m | |
| Independent Director | 7.3yrs | US$152.88k | 0.026% $ 442.7k | |
| Independent Director | 11.1yrs | US$154.63k | 0.11% $ 1.9m | |
| Independent Director | 7.9yrs | US$147.42k | 0.048% $ 810.4k | |
| Independent Director | 11.1yrs | US$143.02k | 0.092% $ 1.6m | |
| Independent Director | 13.3yrs | US$136.21k | 0.19% $ 3.1m | |
| Independent Director | 7.9yrs | US$143.90k | 1.18% $ 19.9m | |
| Independent Director | 2.9yrs | US$141.30k | 0.0056% $ 93.7k | |
| Independent Lead Director | 13.3yrs | US$140.10k | 0.026% $ 445.7k | |
| Independent Director | 3.6yrs | US$149.21k | 0.44% $ 7.4m |
7.9yrs
Average Tenure
65yo
Average Age
Experienced Board: NBTB's board of directors are considered experienced (7.9 years average tenure).