TriCo Bancshares Management

Management criteria checks 3/4

TriCo Bancshares' CEO is Rick Smith, appointed in Nov 1999, has a tenure of 24.33 years. total yearly compensation is $3.24M, comprised of 28.8% salary and 71.2% bonuses, including company stock and options. directly owns 0.89% of the company’s shares, worth $10.82M. The average tenure of the management team and the board of directors is 7 years and 5.7 years respectively.

Key information

Rick Smith

Chief executive officer

US$3.2m

Total compensation

CEO salary percentage28.8%
CEO tenure24.3yrs
CEO ownership0.9%
Management average tenure7yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

TriCo Bancshares (NASDAQ:TCBK) Is Due To Pay A Dividend Of $0.30

Nov 28
TriCo Bancshares (NASDAQ:TCBK) Is Due To Pay A Dividend Of $0.30

Does TriCo Bancshares (NASDAQ:TCBK) Deserve A Spot On Your Watchlist?

Sep 11
Does TriCo Bancshares (NASDAQ:TCBK) Deserve A Spot On Your Watchlist?

Here's Why TriCo Bancshares (NASDAQ:TCBK) Has Caught The Eye Of Investors

May 22
Here's Why TriCo Bancshares (NASDAQ:TCBK) Has Caught The Eye Of Investors

TriCo Bancshares' (NASDAQ:TCBK) Upcoming Dividend Will Be Larger Than Last Year's

Sep 02
TriCo Bancshares' (NASDAQ:TCBK) Upcoming Dividend Will Be Larger Than Last Year's

TriCo Bancshares raises dividend by 20% to $0.30

Aug 29

TriCo Bancshares Q2 GAAP EPS misses, revenue beats

Jul 27

If EPS Growth Is Important To You, TriCo Bancshares (NASDAQ:TCBK) Presents An Opportunity

Jul 15
If EPS Growth Is Important To You, TriCo Bancshares (NASDAQ:TCBK) Presents An Opportunity

TriCo Bancshares (NASDAQ:TCBK) Is Due To Pay A Dividend Of US$0.25

Jun 09
TriCo Bancshares (NASDAQ:TCBK) Is Due To Pay A Dividend Of US$0.25

TriCo Bancshares (NASDAQ:TCBK) Has Announced A Dividend Of US$0.25

May 26
TriCo Bancshares (NASDAQ:TCBK) Has Announced A Dividend Of US$0.25

TriCo Bancshares: Serial Acquirer In California Market

Feb 05

TriCo Bancshares declares $0.25 dividend

May 28

Why We Think TriCo Bancshares' (NASDAQ:TCBK) CEO Compensation Is Not Excessive At All

May 22
Why We Think TriCo Bancshares' (NASDAQ:TCBK) CEO Compensation Is Not Excessive At All

Is TriCo Bancshares (NASDAQ:TCBK) A Smart Pick For Income Investors?

May 07
Is TriCo Bancshares (NASDAQ:TCBK) A Smart Pick For Income Investors?

TriCo Bancshares EPS beats by $0.32, beats on revenue

Apr 28

TriCo Bancshares (NASDAQ:TCBK) Could Be A Buy For Its Upcoming Dividend

Mar 06
TriCo Bancshares (NASDAQ:TCBK) Could Be A Buy For Its Upcoming Dividend

Introducing TriCo Bancshares (NASDAQ:TCBK), A Stock That Climbed 70% In The Last Five Years

Feb 24
Introducing TriCo Bancshares (NASDAQ:TCBK), A Stock That Climbed 70% In The Last Five Years

TriCo Bancshares Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Jan 29
TriCo Bancshares Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Key Things To Watch Out For If You Are After TriCo Bancshares's (NASDAQ:TCBK) 2.2% Dividend

Jan 19
Key Things To Watch Out For If You Are After TriCo Bancshares's (NASDAQ:TCBK) 2.2% Dividend

What Type Of Shareholders Own The Most Number of TriCo Bancshares (NASDAQ:TCBK) Shares?

Dec 22
What Type Of Shareholders Own The Most Number of TriCo Bancshares (NASDAQ:TCBK) Shares?

Why You Might Be Interested In TriCo Bancshares (NASDAQ:TCBK) For Its Upcoming Dividend

Nov 28
Why You Might Be Interested In TriCo Bancshares (NASDAQ:TCBK) For Its Upcoming Dividend

TriCo Bancshares declares $0.22 dividend

Nov 20

TriCo Bancshares' (NASDAQ:TCBK) Stock Price Has Reduced 18% In The Past Three Years

Nov 19
TriCo Bancshares' (NASDAQ:TCBK) Stock Price Has Reduced 18% In The Past Three Years

CEO Compensation Analysis

How has Rick Smith's remuneration changed compared to TriCo Bancshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$117m

Sep 30 2023n/an/a

US$128m

Jun 30 2023n/an/a

US$134m

Mar 31 2023n/an/a

US$141m

Dec 31 2022US$3mUS$935k

US$125m

Sep 30 2022n/an/a

US$117m

Jun 30 2022n/an/a

US$107m

Mar 31 2022n/an/a

US$104m

Dec 31 2021US$2mUS$825k

US$118m

Sep 30 2021n/an/a

US$113m

Jun 30 2021n/an/a

US$103m

Mar 31 2021n/an/a

US$82m

Dec 31 2020US$3mUS$825k

US$65m

Sep 30 2020n/an/a

US$64m

Jun 30 2020n/an/a

US$70m

Mar 31 2020n/an/a

US$85m

Dec 31 2019US$5mUS$782k

US$92m

Sep 30 2019n/an/a

US$92m

Jun 30 2019n/an/a

US$85m

Mar 31 2019n/an/a

US$77m

Dec 31 2018US$4mUS$715k

US$68m

Sep 30 2018n/an/a

US$48m

Jun 30 2018n/an/a

US$44m

Mar 31 2018n/an/a

US$42m

Dec 31 2017US$2mUS$604k

US$41m

Compensation vs Market: Rick's total compensation ($USD3.24M) is below average for companies of similar size in the US market ($USD5.10M).

Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Rick Smith (65 yo)

24.3yrs

Tenure

US$3,243,899

Compensation

Mr. Richard P. Smith, also known as Rick, has been the Chief Executive Officer of TriCo Bancshares since November 1999 and also serves as its Chairman since May 2020. Mr. Smith has also been the Chief Exec...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Smith
Chairman24.3yrsUS$3.24m0.89%
$ 10.8m
Michael Koehnen
Independent Vice Chairman of the Board & Corporate Secretary22.2yrsUS$127.58k0.36%
$ 4.4m
Peter Wiese
Executive VP & CFO5.6yrsUS$1.43m0.10%
$ 1.2m
John Fleshood
Executive VP & COO7.3yrsUS$1.36m0.11%
$ 1.3m
Craig Carney
Executive VP & Chief Credit Officer of Tri Counties Bank27.2yrsUS$1.20m0.15%
$ 1.8m
Daniel Bailey
Executive VP & Chief Banking Officer16.8yrsUS$1.24m0.18%
$ 2.2m
Jason Cove
Shareholder Relations7.2yrsno datano data
Gregory Gehlmann
Senior VP & General Counsel6.8yrsno data0.039%
$ 475.4k
Judi Giem
Senior VP & Chief Human Resources Officer3.8yrsno data0.0060%
$ 73.0k
Angela Rudd
Senior VP & Chief Auditor6.2yrsno datano data
Mark Davis
Senior VP & Operations Officer6.2yrsno datano data
Scott Robertson
Senior VP & Chief Community Banking Officer of Tri Counties Bank10.2yrsno datano data

7.0yrs

Average Tenure

61yo

Average Age

Experienced Management: TCBK's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Smith
Chairman24.3yrsUS$3.24m0.89%
$ 10.8m
Michael Koehnen
Independent Vice Chairman of the Board & Corporate Secretary22.2yrsUS$127.58k0.36%
$ 4.4m
Alex Vereschagin
Director Emeritusno dataUS$27.99kno data
Kimberley Vogel
Independent Director4.1yrsUS$132.80k0.015%
$ 181.1k
Thomas McGraw
Independent Director5.7yrsUS$126.97k1.05%
$ 12.8m
John S. Hasbrook
Independent Director22.2yrsUS$132.61k0.18%
$ 2.2m
Martin Mariani
Independent Director9.4yrsUS$139.53k0.16%
$ 2.0m
Kirsten Garen
Independent Director4.1yrsUS$134.47k0.015%
$ 180.7k
Anthony Leggio
Independent Director2yrsUS$114.47k0.43%
$ 5.3m
Cory Giese
Lead Independent Director11.1yrsUS$144.47k0.17%
$ 2.1m
Margaret Kane
Independent Director4.1yrsUS$129.89k0.015%
$ 181.1k
Jon Nakamura
Independent Director2.3yrsUS$126.97k0.0056%
$ 68.4k

5.7yrs

Average Tenure

65.5yo

Average Age

Experienced Board: TCBK's board of directors are considered experienced (5.7 years average tenure).


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