Atlantic Union Bankshares Management
Management criteria checks 4/4
Atlantic Union Bankshares' CEO is John Asbury, appointed in Oct 2016, has a tenure of 7.5 years. total yearly compensation is $3.55M, comprised of 25.2% salary and 74.8% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $7.40M. The average tenure of the management team and the board of directors is 5.2 years and 6.3 years respectively.
Key information
John Asbury
Chief executive officer
US$3.6m
Total compensation
| CEO salary percentage | 25.2% |
| CEO tenure | 7.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.2yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Atlantic Union Bankshares: Acquisition To Help Lift Earnings
Jan 21Atlantic Union Bankshares' (NYSE:AUB) Upcoming Dividend Will Be Larger Than Last Year's
Oct 30
Atlantic Union Bankshares: A Gem In Sea Of Pain
Oct 20Atlantic Union Bankshares: We Are Not Backing Away
Aug 14Atlantic Union Bankshares (NYSE:AUB) Will Pay A Dividend Of $0.30
Jul 31Atlantic Union Bank Non-GAAP EPS of $0.90 beats by $0.09, revenue of $192.47M beats by $4.63M
Jan 24Atlantic Union Bank GAAP EPS of $0.74 misses by $0.02, revenue of $180.14M beats by $0.64M
Oct 20Atlantic Union Bankshares: Earnings Likely To Increase Next Year On The Back Of Loan Growth
Sep 03Atlantic Union Bank expands in asset-based lending products
Aug 11Atlantic Union Bankshares (NASDAQ:AUB) Is Paying Out A Larger Dividend Than Last Year
Aug 08Atlantic Union Bank raises dividend by 7% to $0.30
Jul 28Atlantic Union Bank Non-GAAP EPS of $0.69 misses by $0.02, revenue of $180.63M beats by $7.23M
Jul 21Atlantic Union Bankshares: Attractively Valued But Earnings Will Likely Decline Due To Provisioning
Jun 20Atlantic Union Bankshares' (NASDAQ:AUB) Dividend Will Be US$0.28
May 07Atlantic Union: Leading Undervalued VA Serial Acquirer
Feb 14Here's Why I Think Atlantic Union Bankshares (NASDAQ:AUB) Might Deserve Your Attention Today
Dec 03Atlantic Union Bankshares Will Rally In 2022
Oct 30Here's Why I Think Atlantic Union Bankshares (NASDAQ:AUB) Is An Interesting Stock
Sep 02Atlantic Union Bankshares (NASDAQ:AUB) Is Increasing Its Dividend To US$0.28
Aug 01Atlantic Union Bankshares: Earnings Outlook Is Rosy On The Back Of Loan Growth, Subdued Provisioning
Jul 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$204m |
| Dec 31 2023 | US$4m | US$894k | US$190m |
| Sep 30 2023 | n/a | n/a | US$204m |
| Jun 30 2023 | n/a | n/a | US$208m |
| Mar 31 2023 | n/a | n/a | US$215m |
| Dec 31 2022 | US$3m | US$860k | US$223m |
| Sep 30 2022 | n/a | n/a | US$200m |
| Jun 30 2022 | n/a | n/a | US$216m |
| Mar 31 2022 | n/a | n/a | US$240m |
| Dec 31 2021 | US$3m | US$832k | US$252m |
| Sep 30 2021 | n/a | n/a | US$264m |
| Jun 30 2021 | n/a | n/a | US$250m |
| Mar 31 2021 | n/a | n/a | US$199m |
| Dec 31 2020 | US$3m | US$827k | US$153m |
| Sep 30 2020 | n/a | n/a | US$152m |
| Jun 30 2020 | n/a | n/a | US$147m |
| Mar 31 2020 | n/a | n/a | US$165m |
| Dec 31 2019 | US$2m | US$780k | US$194m |
| Sep 30 2019 | n/a | n/a | US$182m |
| Jun 30 2019 | n/a | n/a | US$168m |
| Mar 31 2019 | n/a | n/a | US$169m |
| Dec 31 2018 | US$2m | US$674k | US$149m |
| Sep 30 2018 | n/a | n/a | US$120m |
| Jun 30 2018 | n/a | n/a | US$102m |
| Mar 31 2018 | n/a | n/a | US$70m |
| Dec 31 2017 | US$2m | US$650k | US$72m |
Compensation vs Market: John's total compensation ($USD3.55M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Asbury (57 yo)
7.5yrs
Tenure
US$3,554,480
Compensation
Mr. John C. Asbury has been the Chief Executive Officer of Atlantic Union Bank since October 1, 2016 and served as and President from October 2016 to September 2017. He was President of Atlantic Union Bank...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.5yrs | US$3.55m | 0.30% $ 7.4m | |
| Executive VP & CFO | 11.8yrs | US$1.50m | 0.10% $ 2.5m | |
| Executive VP & Wholesale Banking Group Executive | 6.6yrs | US$1.33m | 0.048% $ 1.2m | |
| Executive Vice President | 5.6yrs | US$2.08m | 0.090% $ 2.2m | |
| Executive Vice President | 1.2yrs | US$1.35m | 0.014% $ 344.8k | |
| Senior VP & Director of Investor Relations | no data | no data | no data | |
| Executive VP | no data | no data | 0.025% $ 598.1k | |
| Senior VP & Head of Corporate Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.9yrs | no data | 0.015% $ 364.0k | |
| Executive VP & Chief Credit Officer | 1.3yrs | no data | 0.044% $ 1.1m | |
| Executive Vice President | 5.2yrs | US$782.05k | 0.024% $ 588.6k | |
| Executive VP & Chief Risk Officer | 1.5yrs | no data | 0.015% $ 374.7k |
5.2yrs
Average Tenure
58yo
Average Age
Experienced Management: AUB's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.5yrs | US$3.55m | 0.30% $ 7.4m | |
| Independent Director | 6.3yrs | US$140.67k | 0.064% $ 1.6m | |
| Independent Director | 12.3yrs | US$142.33k | 0.026% $ 623.7k | |
| Independent Chairman of the Board | 21yrs | US$187.00k | 0.043% $ 1.1m | |
| Independent Vice Chairman of the Board | 1.8yrs | US$137.66k | 0.038% $ 934.6k | |
| Independent Director | 6.3yrs | US$145.82k | 0.041% $ 995.0k | |
| Independent Director | less than a year | no data | 0.011% $ 259.6k | |
| Independent Director | 5.8yrs | US$137.00k | 0.0077% $ 186.9k | |
| Independent Director | 1.8yrs | US$118.33k | 0.0052% $ 126.8k | |
| Independent Director | 10.3yrs | US$135.33k | 0.021% $ 508.3k | |
| Independent Director | 11yrs | US$126.33k | 0.024% $ 588.9k | |
| Independent Director | 4.7yrs | US$129.32k | 0.056% $ 1.4m |
6.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: AUB's board of directors are considered experienced (6.3 years average tenure).