Old Point Financial Management
Management criteria checks 4/4
Old Point Financial's CEO is Rob Shuford, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $587.07K, comprised of 72.5% salary and 27.5% bonuses, including company stock and options. directly owns 4.46% of the company’s shares, worth $4.91M. The average tenure of the management team and the board of directors is 4.8 years and 15 years respectively.
Key information
Rob Shuford
Chief executive officer
US$587.1k
Total compensation
| CEO salary percentage | 72.5% |
| CEO tenure | 4.8yrs |
| CEO ownership | 4.5% |
| Management average tenure | 4.8yrs |
| Board average tenure | 15yrs |
Recent management updates
Recent updates
Old Point Financial (NASDAQ:OPOF) Has Announced A Dividend Of $0.14
Aug 25
We Think Old Point Financial Corporation's (NASDAQ:OPOF) CEO Compensation Package Needs To Be Put Under A Microscope
May 23Old Point Financial (NASDAQ:OPOF) Is Paying Out A Dividend Of $0.14
Feb 25Here's Why We Think Old Point Financial (NASDAQ:OPOF) Is Well Worth Watching
Jul 24Old Point Financial (NASDAQ:OPOF) Is Due To Pay A Dividend Of $0.13
Nov 22Do Old Point Financial's (NASDAQ:OPOF) Earnings Warrant Your Attention?
Sep 17Old Point Financial declares $0.13 dividend
Aug 17Old Point Financial GAAP EPS of $0.37, revenue of $13.82M
Jul 26Old Point Financial (NASDAQ:OPOF) Will Pay A Larger Dividend Than Last Year At US$0.13
Nov 20Old Point Financial (NASDAQ:OPOF) Is Increasing Its Dividend To US$0.13
Aug 21Old Point Financial Corporation's (NASDAQ:OPOF) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 05Old Point Financial reports Q1 results
Apr 27Reflecting on Old Point Financial's (NASDAQ:OPOF) Share Price Returns Over The Last Three Years
Jan 06Why You Might Be Interested In Old Point Financial Corporation (NASDAQ:OPOF) For Its Upcoming Dividend
Nov 26
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$8m |
| Jun 30 2024 | n/a | n/a | US$7m |
| Mar 31 2024 | n/a | n/a | US$6m |
| Dec 31 2023 | US$587k | US$426k | US$8m |
| Sep 30 2023 | n/a | n/a | US$9m |
| Jun 30 2023 | n/a | n/a | US$10m |
| Mar 31 2023 | n/a | n/a | US$10m |
| Dec 31 2022 | US$606k | US$397k | US$9m |
| Sep 30 2022 | n/a | n/a | US$8m |
| Jun 30 2022 | n/a | n/a | US$8m |
| Mar 31 2022 | n/a | n/a | US$7m |
| Dec 31 2021 | US$503k | US$368k | US$8m |
| Sep 30 2021 | n/a | n/a | US$7m |
| Jun 30 2021 | n/a | n/a | US$6m |
| Mar 31 2021 | n/a | n/a | US$7m |
| Dec 31 2020 | US$488k | US$358k | US$5m |
| Sep 30 2020 | n/a | n/a | US$7m |
| Jun 30 2020 | n/a | n/a | US$8m |
| Mar 31 2020 | n/a | n/a | US$7m |
| Dec 31 2019 | US$479k | US$348k | US$8m |
| Sep 30 2019 | n/a | n/a | US$7m |
| Jun 30 2019 | n/a | n/a | US$7m |
| Mar 31 2019 | n/a | n/a | US$6m |
| Dec 31 2018 | US$437k | US$337k | US$5m |
| Sep 30 2018 | n/a | n/a | US$642k |
| Jun 30 2018 | n/a | n/a | -US$198k |
| Mar 31 2018 | n/a | n/a | -US$29k |
| Dec 31 2017 | US$378k | US$322k | -US$29k |
Compensation vs Market: Rob's total compensation ($USD587.07K) is about average for companies of similar size in the US market ($USD650.80K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Shuford (59 yo)
4.8yrs
Tenure
US$587,065
Compensation
Mr. Robert F. Shuford, Jr., also known as Rob, serves as President, CEO & Chairman at Old Point Financial Corporation since January 3, 2020. He has been Chief Executive Officer and President at Old Point N...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.8yrs | US$587.07k | 4.46% $ 4.9m | |
| President of Financial Services | 9.8yrs | US$468.19k | 0.43% $ 475.8k | |
| Chief Credit Officer & Executive VP of Old Point National Bank | 5.8yrs | US$301.40k | 0.15% $ 162.9k | |
| CFO, Chief Accounting Officer & Senior VP and EVP & CFO of Old Point National Bank | less than a year | no data | no data | |
| General Counsel & Executive VP of Corporate Counsel | 3.6yrs | US$230.71k | no data | |
| VP & Marketing Director | no data | no data | no data | |
| Chief Lending Officer & Senior VP | 8.8yrs | no data | 0.19% $ 207.5k | |
| Secretary | 2.9yrs | no data | 0.21% $ 227.3k |
4.8yrs
Average Tenure
59yo
Average Age
Experienced Management: OPOF's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.8yrs | US$587.07k | 4.46% $ 4.9m | |
| President of Financial Services | 16.9yrs | US$468.19k | 0.43% $ 475.8k | |
| Independent Director | 8.5yrs | US$54.14k | 0.22% $ 236.9k | |
| Chairman Emeritus | 59.8yrs | US$54.99k | 5.9% $ 6.5m | |
| Director | 35.8yrs | US$68.09k | 1.08% $ 1.2m | |
| Lead Independent Director | 10.8yrs | US$64.49k | 0.32% $ 351.7k | |
| Independent Director | 18.8yrs | US$60.34k | 2.63% $ 2.9m | |
| Independent Director | 15yrs | US$50.74k | 0.23% $ 251.0k | |
| Independent Director | 9.8yrs | US$58.59k | 0.29% $ 318.4k | |
| Independent Director | 3.7yrs | US$67.84k | 0.24% $ 266.0k | |
| Independent Director | 2.7yrs | US$49.24k | 0.18% $ 196.6k |
15.0yrs
Average Tenure
66yo
Average Age
Experienced Board: OPOF's board of directors are seasoned and experienced ( 15 years average tenure).