United Bankshares Management
Management criteria checks 3/4
United Bankshares' CEO is Rick Adams, appointed in Apr 2022, has a tenure of 2.08 years. total yearly compensation is $4.40M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $3.75M. The average tenure of the management team and the board of directors is 2.3 years and 11.6 years respectively.
Key information
Rick Adams
Chief executive officer
US$4.4m
Total compensation
| CEO salary percentage | 22.3% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.3yrs |
| Board average tenure | 11.6yrs |
Recent management updates
Recent updates
United Bankshares: Holding The Course
Mar 31United Bankshares (NASDAQ:UBSI) Has Affirmed Its Dividend Of $0.36
Sep 01
United Bankshares (NASDAQ:UBSI) Is Due To Pay A Dividend Of $0.36
Jun 02United Bankshares (NASDAQ:UBSI) Is Due To Pay A Dividend Of $0.36
Mar 03United Bankshares' (NASDAQ:UBSI) Dividend Will Be $0.36
Nov 24United Bankshares: Solid Dividend Payer To Own
Sep 14United Bankshares declares $0.36 dividend
Aug 29United Bankshares GAAP EPS of $0.71 beats by $0.09, revenue of $258.51M beats by $9.49M
Jul 28United Bankshares: Normalization Of Provisioning And Mortgage Income To Undermine Top-Line Growth
Jul 14United Bankshares: Asymmetric Risk-Reward With Increased Dividends
Mar 12Do United Bankshares's (NASDAQ:UBSI) Earnings Warrant Your Attention?
Feb 17United Bankshares: Mortgage Banking Normalization To Counter Acquisition Benefits
Nov 02Here's Why I Think United Bankshares (NASDAQ:UBSI) Might Deserve Your Attention Today
Oct 27United Bankshares: High Dividend Yield With Secure Dividends Thanks To M&A Support
Aug 18With EPS Growth And More, United Bankshares (NASDAQ:UBSI) Is Interesting
Jul 05Have Insiders Sold United Bankshares, Inc. (NASDAQ:UBSI) Shares Recently?
Mar 12Is It Worth Considering United Bankshares, Inc. (NASDAQ:UBSI) For Its Upcoming Dividend?
Mar 06Don't Ignore The Fact That This Insider Just Sold Some Shares In United Bankshares, Inc. (NASDAQ:UBSI)
Feb 24What Kind Of Shareholders Own United Bankshares, Inc. (NASDAQ:UBSI)?
Feb 23United Bankshares, Inc. 2020 Q4 - Results - Earnings Call Presentation
Jan 29Read This Before Buying United Bankshares, Inc. (NASDAQ:UBSI) For Its Dividend
Jan 19
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$354m |
| Dec 31 2023 | US$4m | US$979k | US$365m |
| Sep 30 2023 | n/a | n/a | US$386m |
| Jun 30 2023 | n/a | n/a | US$392m |
| Mar 31 2023 | n/a | n/a | US$395m |
| Dec 31 2022 | US$3m | US$834k | US$379m |
| Sep 30 2022 | n/a | n/a | US$353m |
| Jun 30 2022 | n/a | n/a | US$342m |
| Mar 31 2022 | n/a | n/a | US$342m |
| Dec 31 2021 | US$2m | US$665k | US$367m |
| Sep 30 2021 | n/a | n/a | US$385m |
| Jun 30 2021 | n/a | n/a | US$397m |
| Mar 31 2021 | n/a | n/a | US$355m |
| Dec 31 2020 | US$2m | US$595k | US$288m |
| Sep 30 2020 | n/a | n/a | US$259m |
| Jun 30 2020 | n/a | n/a | US$222m |
| Mar 31 2020 | n/a | n/a | US$236m |
| Dec 31 2019 | US$2m | US$512k | US$260m |
| Sep 30 2019 | n/a | n/a | US$260m |
| Jun 30 2019 | n/a | n/a | US$259m |
| Mar 31 2019 | n/a | n/a | US$258m |
| Dec 31 2018 | US$1m | US$492k | US$256m |
| Sep 30 2018 | n/a | n/a | US$210m |
| Jun 30 2018 | n/a | n/a | US$202m |
| Mar 31 2018 | n/a | n/a | US$173m |
| Dec 31 2017 | US$1m | US$455k | US$150m |
Compensation vs Market: Rick's total compensation ($USD4.40M) is below average for companies of similar size in the US market ($USD6.67M).
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 Adams (55 yo)
2.1yrs
Tenure
US$4,399,095
Compensation
Mr. Richard M. Adams, Jr. is Chief Executive Officer of United Bankshares, Inc. and Vice-Chairman of United Bank. He joined United in 1994 and served as President of the Bank from 2014 to 2022 and previous...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 40.3yrs | US$4.04m | 0.66% $ 28.9m | |
| CEO & Director | 2.1yrs | US$4.40m | 0.086% $ 3.7m | |
| President | 2.1yrs | US$3.54m | 0.066% $ 2.9m | |
| Executive VP | 9.3yrs | US$2.29m | 0.046% $ 2.0m | |
| Executive VP and Chief Information & Risk Officer | 3.7yrs | US$1.29m | 0.018% $ 790.6k | |
| Executive VP & COO | 1.2yrs | no data | 0.017% $ 751.6k | |
| Executive VP and Head of Wealth & Investment Management | no data | no data | 0.024% $ 1.1m | |
| Executive VP | no data | no data | 0.015% $ 652.7k | |
| Executive VP & Chief Credit Officer | 9.3yrs | no data | 0.027% $ 1.2m | |
| Executive VP & Chief Consumer Banking Officer | no data | no data | 0.017% $ 759.9k | |
| Executive Vice President | no data | no data | 0.027% $ 1.2m | |
| Regional President | 2.4yrs | no data | no data |
2.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: UBSI's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 40.3yrs | US$4.04m | 0.66% $ 28.9m | |
| CEO & Director | 2.1yrs | US$4.40m | 0.086% $ 3.7m | |
| Lead Independent Director | 28.3yrs | US$170.50k | 0.34% $ 14.8m | |
| Independent Director | 21.3yrs | US$149.25k | 0.062% $ 2.7m | |
| Independent Director | 10.3yrs | US$237.50k | 0.33% $ 14.3m | |
| Independent Director | 15.7yrs | US$157.00k | 0.032% $ 1.4m | |
| Independent Director | 20.3yrs | US$135.50k | 0.016% $ 703.9k | |
| Independent Director | 12.8yrs | US$163.75k | 0.056% $ 2.4m | |
| Independent Director | 5.5yrs | US$108.25k | 0.011% $ 479.8k | |
| Vice Chairman of the Board | 7.9yrs | US$686.55k | 0.16% $ 6.9m | |
| Independent Director | 3.6yrs | US$116.25k | 0.033% $ 1.5m | |
| Independent Director | 3yrs | US$121.50k | 0.0079% $ 346.3k |
11.6yrs
Average Tenure
70yo
Average Age
Experienced Board: UBSI's board of directors are seasoned and experienced ( 11.6 years average tenure).