Union Bankshares Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
David Silverman
Chief executive officer
US$713.7k
Total compensation
| CEO salary percentage | 64.5% |
| CEO tenure | 13yrs |
| CEO ownership | 0.6% |
| Management average tenure | no data |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Union Bankshares (NASDAQ:UNB) Is Due To Pay A Dividend Of $0.36
Apr 22
Union Bankshares (NASDAQ:UNB) Is Increasing Its Dividend To $0.36
Apr 23Union Bankshares (NASDAQ:UNB) Is Paying Out A Larger Dividend Than Last Year
Jan 22Union Bankshares GAAP EPS of $0.84, Net interest income of $10.4M
Oct 19Union Bankshares: Attractive Dividend Appears Secure Despite The Chances Of An Earnings Decline
Aug 28Union Bankshares GAAP EPS of $0.65, Net interest income of $9.7M
Jul 20Union Bankshares (NASDAQ:UNB) Has Announced That It Will Be Increasing Its Dividend To US$0.35
Jan 23Shareholders Will Probably Hold Off On Increasing Union Bankshares, Inc.'s (NASDAQ:UNB) CEO Compensation For The Time Being
May 13If You Like EPS Growth Then Check Out Union Bankshares (NASDAQ:UNB) Before It's Too Late
Mar 09Are You An Income Investor? Don't Miss Out On Union Bankshares, Inc. (NASDAQ:UNB)
Feb 02
Union Bankshares' (NASDAQ:UNB) Stock Price Has Reduced 48% In The Past Three Years
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$714k | US$460k | US$11m |
| Sep 30 2023 | n/a | n/a | US$12m |
| Jun 30 2023 | n/a | n/a | US$13m |
| Mar 31 2023 | n/a | n/a | US$13m |
| Dec 31 2022 | US$789k | US$437k | US$13m |
| Sep 30 2022 | n/a | n/a | US$13m |
| Jun 30 2022 | n/a | n/a | US$13m |
| Mar 31 2022 | n/a | n/a | US$13m |
| Dec 31 2021 | US$741k | US$418k | US$13m |
| Sep 30 2021 | n/a | n/a | US$14m |
| Jun 30 2021 | n/a | n/a | US$14m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | US$734k | US$415k | US$13m |
| Sep 30 2020 | n/a | n/a | US$12m |
| Jun 30 2020 | n/a | n/a | US$10m |
| Mar 31 2020 | n/a | n/a | US$10m |
| Dec 31 2019 | US$609k | US$386k | US$11m |
| Sep 30 2019 | n/a | n/a | US$7m |
| Jun 30 2019 | n/a | n/a | US$7m |
| Mar 31 2019 | n/a | n/a | US$7m |
| Dec 31 2018 | US$520k | US$350k | US$7m |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$9m |
| Mar 31 2018 | n/a | n/a | US$9m |
| Dec 31 2017 | US$541k | US$335k | US$8m |
Compensation vs Market: David's total compensation ($USD713.69K) is about average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Silverman (62 yo)
13yrs
Tenure
US$713,692
Compensation
Mr. David Scott Silverman has been Chief Executive Officer of Union Bankshares, Inc. since May 16, 2012 and also serves as President and Chief Executive Officer of its subsidiary Union Bank. Mr. Silverman...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.9yrs | US$713.69k | 0.64% $ 799.7k | |
| Independent Vice Chairman & Secretary | 12.9yrs | US$58.17k | 0.059% $ 73.7k | |
| Independent Director | 1.9yrs | US$59.77k | 0.0064% $ 8.0k | |
| Independent Director | 7.9yrs | US$59.34k | 0.088% $ 110.5k | |
| Independent Chairman | 13.9yrs | US$66.76k | 0.078% $ 98.2k | |
| Independent Director | 4.9yrs | US$55.36k | 0.020% $ 24.9k | |
| Independent Director | less than a year | US$27.25k | 0.0022% $ 2.8k | |
| Independent Director | 5.9yrs | US$65.96k | 0.072% $ 90.2k | |
| Independent Director | 2.9yrs | US$55.65k | 0.019% $ 23.5k |
5.9yrs
Average Tenure
63yo
Average Age
Experienced Board: UNB's board of directors are considered experienced (5.9 years average tenure).