Orrstown Financial Services Management
Management criteria checks 4/4
Orrstown Financial Services' CEO is Tom Quinn, appointed in May 2009, has a tenure of 15.58 years. total yearly compensation is $2.64M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $3.19M. The average tenure of the management team and the board of directors is 5.4 years and 7.5 years respectively.
Key information
Tom Quinn
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 26.9% |
| CEO tenure | 15.6yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.4yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Orrstown Financial Services (NASDAQ:ORRF) Will Pay A Dividend Of $0.20
May 03
Shareholders May Be More Conservative With Orrstown Financial Services, Inc.'s (NASDAQ:ORRF) CEO Compensation For Now
Apr 24Analysts Are More Bearish On Orrstown Financial Services, Inc. (NASDAQ:ORRF) Than They Used To Be
Jan 26Industry Analysts Just Made A Substantial Upgrade To Their Orrstown Financial Services, Inc. (NASDAQ:ORRF) Revenue Forecasts
Jul 28Orrstown Financial Non-GAAP EPS of $0.75 misses by $0.05, revenue of $31.51M beats by $3.31M
Oct 18Orrstown Financial announces strategic initiatives, expects ~$3.4M annual cost savings
Sep 28Orrstown Financial goes ex-dividend tomorrow
Jul 28Orrstown Financial GAAP EPS of $0.83 beats by $0.17, revenue of $31.31M beats by $9.38M
Jul 19Orrstown Financial: Attractively Valued With Prospects Of Good Balance Sheet Growth
Mar 20Orrstown Financial Services Deserves Your Attention
Jul 05Broker Revenue Forecasts For Orrstown Financial Services, Inc. (NASDAQ:ORRF) Are Surging Higher
Jun 29If You Like EPS Growth Then Check Out Orrstown Financial Services (NASDAQ:ORRF) Before It's Too Late
Jun 10New Forecasts: Here's What Analysts Think The Future Holds For Orrstown Financial Services, Inc. (NASDAQ:ORRF)
Apr 24We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Orrstown Financial Services, Inc.'s (NASDAQ:ORRF) CEO For Now
Apr 21If You Like EPS Growth Then Check Out Orrstown Financial Services (NASDAQ:ORRF) Before It's Too Late
Mar 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$16m |
| Jun 30 2024 | n/a | n/a | US$33m |
| Mar 31 2024 | n/a | n/a | US$35m |
| Dec 31 2023 | US$3m | US$709k | US$36m |
| Sep 30 2023 | n/a | n/a | US$38m |
| Jun 30 2023 | n/a | n/a | US$24m |
| Mar 31 2023 | n/a | n/a | US$23m |
| Dec 31 2022 | US$3m | US$695k | US$22m |
| Sep 30 2022 | n/a | n/a | US$19m |
| Jun 30 2022 | n/a | n/a | US$31m |
| Mar 31 2022 | n/a | n/a | US$31m |
| Dec 31 2021 | US$2m | US$552k | US$33m |
| Sep 30 2021 | n/a | n/a | US$36m |
| Jun 30 2021 | n/a | n/a | US$34m |
| Mar 31 2021 | n/a | n/a | US$32m |
| Dec 31 2020 | US$2m | US$535k | US$26m |
| Sep 30 2020 | n/a | n/a | US$21m |
| Jun 30 2020 | n/a | n/a | US$23m |
| Mar 31 2020 | n/a | n/a | US$19m |
| Dec 31 2019 | US$1m | US$530k | US$17m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$11m |
| Mar 31 2019 | n/a | n/a | US$12m |
| Dec 31 2018 | US$2m | US$515k | US$13m |
| Sep 30 2018 | n/a | n/a | US$12m |
| Jun 30 2018 | n/a | n/a | US$10m |
| Mar 31 2018 | n/a | n/a | US$10m |
| Dec 31 2017 | US$1m | US$500k | US$8m |
Compensation vs Market: Tom's total compensation ($USD2.64M) is about average for companies of similar size in the US market ($USD3.30M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Quinn (65 yo)
15.6yrs
Tenure
US$2,638,017
Compensation
Mr. Thomas Rodney Quinn, Jr., also known as Tom, has been the Chief Executive Officer and President at Orrstown Financial Services Inc. since May 5, 2009. Mr. Quinn has been the President and Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.6yrs | US$2.64m | 0.45% $ 3.2m | |
| Executive VP | 3.7yrs | US$676.43k | 0.12% $ 858.2k | |
| Executive VP & Chief Revenue Officer of Orrstown Bank | 5.8yrs | US$716.83k | 0.11% $ 808.3k | |
| Executive VP & Market President for the Maryland Region | 5.4yrs | US$1.01m | 0.087% $ 616.9k | |
| Executive VP | 6.9yrs | US$753.12k | 0.25% $ 1.8m | |
| Executive VP | less than a year | no data | 0.11% $ 814.8k | |
| Senior VP & Chief Accounting Officer | 3.5yrs | no data | 0.038% $ 268.8k | |
| Executive VP & General Counsel | 3.9yrs | no data | 0.11% $ 775.1k | |
| Chief Human Resources Officer | less than a year | no data | 0.072% $ 514.3k | |
| Executive VP & Chief Trust Officer of Orrstown Bank | no data | US$452.15k | 0.23% $ 1.6m | |
| Executive VP & Chief Mortgage and Retail Officer | 13.5yrs | US$186.15k | 0.10% $ 721.4k | |
| Chief Trust Officer | 13.5yrs | no data | no data |
5.4yrs
Average Tenure
55yo
Average Age
Experienced Management: ORRF's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.6yrs | US$2.64m | 0.45% $ 3.2m | |
| Director | less than a year | no data | 0.054% $ 382.2k | |
| Independent Director | 25.9yrs | US$79.78k | 0.19% $ 1.3m | |
| Independent Chairman of the Board | 43.9yrs | US$117.84k | 0.26% $ 1.8m | |
| Independent Director | 15.6yrs | US$83.34k | 0.12% $ 839.9k | |
| Independent Director | 11.3yrs | US$82.55k | 0.12% $ 881.4k | |
| Independent Director | 6.2yrs | US$72.05k | 0.11% $ 781.5k | |
| Director | less than a year | no data | 0.23% $ 1.6m | |
| Vice Chairman of the Board | less than a year | no data | 0.050% $ 353.4k | |
| Independent Director | 8.9yrs | US$79.90k | 0.11% $ 811.0k | |
| Director | less than a year | no data | 0.23% $ 1.6m | |
| Director | less than a year | no data | 0.045% $ 319.4k |
7.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: ORRF's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orrstown Financial Services, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Beury | Boenning & Scattergood, Inc. |
| David Bishop | Hovde Group, LLC |
| Daniel Cardenas | Janney Montgomery Scott LLC |