Shore Bancshares Management
Management criteria checks 2/4
Shore Bancshares' CEO is Jimmy Burke, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is $1.05M, comprised of 23.6% salary and 76.4% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $1.26M. The average tenure of the management team and the board of directors is 1.3 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 | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12
May 07
Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12
Nov 12With 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$41m |
| Jun 30 2024 | n/a | n/a | US$20m |
| Mar 31 2024 | n/a | n/a | US$13m |
| 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 ($USD2.22M).
Compensation vs Earnings: Insufficient data to compare Jimmy's compensation with company performance.
CEO
Jimmy Burke (56 yo)
1.3yrs
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 | 1.3yrs | US$1.05m | 0.23% $ 1.3m | |
| Executive VP & COO | 9.3yrs | US$643.49k | 0.055% $ 302.7k | |
| Executive VP & Chief Human Resources Officer | 1.3yrs | US$743.92k | 0.15% $ 816.6k | |
| Executive VP & CFO | 1.3yrs | no data | 0.12% $ 662.0k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 1.3yrs | no data | 0.18% $ 989.5k | |
| Executive VP | 3yrs | no data | 0.083% $ 458.2k | |
| Executive VP & Chief Banking Officer | 1.3yrs | no data | 0.16% $ 899.0k | |
| Executive VP & Chief Credit Officer | 8.8yrs | no data | 0.012% $ 67.8k | |
| Executive VP & Chief Risk Officer | 1.3yrs | no data | 0.034% $ 184.9k |
1.3yrs
Average Tenure
56yo
Average Age
Experienced Management: SHBI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$1.05m | 0.23% $ 1.3m | |
| Independent Chairman | 3yrs | US$227.74k | 5.31% $ 29.2m | |
| Vice Chairman & Lead Independent Director | 1.3yrs | US$45.26k | 0.21% $ 1.1m | |
| Independent Director | 1.3yrs | US$47.51k | 0.17% $ 956.8k | |
| Independent Director | 13.6yrs | US$67.00k | 0.13% $ 697.0k | |
| Independent Director | 1.3yrs | US$47.51k | 0.081% $ 444.4k | |
| Independent Director | 3.1yrs | US$62.74k | 0.19% $ 1.0m | |
| Independent Director | 4.4yrs | US$64.50k | 0.024% $ 129.9k | |
| Independent Director | 10.6yrs | US$64.50k | 0.024% $ 129.3k | |
| Independent Director | 8.6yrs | US$67.74k | 0.082% $ 448.2k | |
| Independent Director | 8.6yrs | US$68.84k | 0.086% $ 474.3k | |
| Independent Director | 3.8yrs | US$63.70k | 0.13% $ 727.9k |
3.5yrs
Average Tenure
61yo
Average Age
Experienced Board: SHBI's board of directors are considered experienced (3.5 years average tenure).