Shore Bancshares Management
Management criteria checks 2/4
Shore Bancshares' CEO is Jimmy Burke, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is $1.05M, comprised of 23.6% salary and 76.4% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $739.87K. The average tenure of the management team and the board of directors is 0.8 years and 3.5 years respectively.
Key information
Jimmy Burke
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 23.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12
Nov 12
With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting Case
Mar 14Shore Bancshares to commence up to $5.0M share repurchase program
Jul 06Analysts Are Betting On Shore Bancshares, Inc. (NASDAQ:SHBI) With A Big Upgrade This Week
Feb 18Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of US$0.12
Nov 06Shore Bancshares (NASDAQ:SHBI) Is Due To Pay A Dividend Of US$0.12
Aug 08Here's Why We Think Shore Bancshares (NASDAQ:SHBI) Is Well Worth Watching
Jun 14We Think Some Shareholders May Hesitate To Increase Shore Bancshares, Inc.'s (NASDAQ:SHBI) CEO Compensation
May 06What Is The Ownership Structure Like For Shore Bancshares, Inc. (NASDAQ:SHBI)?
Mar 15Shore Bancshares, Inc. (NASDAQ:SHBI) Passed Our Checks, And It's About To Pay A US$0.12 Dividend
Feb 07Shore Bancshares declares $0.12 dividend
Feb 03How Does Shore Bancshares, Inc. (NASDAQ:SHBI) Fare As A Dividend Stock?
Jan 12Update: Shore Bancshares (NASDAQ:SHBI) Stock Gained 34% In The Last Five Years
Dec 07Shore Bancshares launches new stock repurchase plan
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$247k | US$11m |
Compensation vs Market: Jimmy's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Insufficient data to compare Jimmy's compensation with company performance.
CEO
Jimmy Burke (55 yo)
less than a year
Tenure
US$1,046,220
Compensation
Mr. James M. Burke, also known as Jimmy, serves as President, Chief Executive Officer and Director of Shore Bancshares, Inc. since July 01, 2023. Mr. Burke serves as Director of Federal Home Loan Bank of A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$1.05m | 0.21% $ 739.9k | |
| Executive VP & COO | 8.8yrs | US$643.49k | 0.048% $ 170.1k | |
| Executive VP & Chief Human Resources Officer | less than a year | US$743.92k | 0.11% $ 401.2k | |
| Executive VP & CFO | less than a year | no data | 0.10% $ 366.0k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | less than a year | no data | 0.17% $ 605.7k | |
| Executive VP | 2.4yrs | no data | 0.075% $ 264.0k | |
| Executive VP & Chief Banking Officer | less than a year | no data | 0.16% $ 553.9k | |
| Executive VP & Chief Credit Officer | 8.3yrs | no data | 0.0091% $ 32.1k | |
| Executive VP & Chief Risk Officer | less than a year | no data | 0.026% $ 91.3k |
0.8yrs
Average Tenure
55yo
Average Age
Experienced Management: SHBI's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$1.05m | 0.21% $ 739.9k | |
| Independent Chairman | 2.4yrs | US$77.00k | 5.32% $ 18.7m | |
| Vice Chairman & Lead Independent Director | less than a year | US$45.26k | 0.20% $ 689.1k | |
| Independent Director | less than a year | US$47.51k | 0.16% $ 579.3k | |
| Independent Director | 13yrs | US$67.00k | 0.12% $ 412.5k | |
| Independent Director | less than a year | US$47.51k | 0.071% $ 250.3k | |
| Independent Director | 15yrs | US$65.24k | 0.052% $ 184.1k | |
| Independent Director | 3.8yrs | US$64.50k | 0.024% $ 83.4k | |
| Independent Director | 10yrs | US$64.50k | 0.024% $ 83.0k | |
| Independent Director | 8yrs | US$67.74k | 0.057% $ 199.8k | |
| Independent Director | 8yrs | US$67.00k | 0.077% $ 269.5k | |
| Independent Director | 3.3yrs | US$63.70k | 0.12% $ 432.3k |
3.5yrs
Average Tenure
60yo
Average Age
Experienced Board: SHBI's board of directors are considered experienced (3.5 years average tenure).