United Community Banks, Inc.

NYSE:UCB.PRI Stock Report

Market Cap: US$4.1b

United Community Banks Management

Management criteria checks 3/4

United Community Banks' CEO is Herbert Harton, appointed in Jun 2018, has a tenure of 6.42 years. total yearly compensation is $3.74M, comprised of 28.1% salary and 71.9% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $8.97M. The average tenure of the management team and the board of directors is 6.4 years and 7.3 years respectively.

Key information

Herbert Harton

Chief executive officer

US$3.7m

Total compensation

CEO salary percentage28.1%
CEO tenure6.4yrs
CEO ownership0.2%
Management average tenure6.4yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Herbert Harton's remuneration changed compared to United Community Banks's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$183m

Jun 30 2024n/an/a

US$185m

Mar 31 2024n/an/a

US$181m

Dec 31 2023US$4mUS$1m

US$181m

Sep 30 2023n/an/a

US$248m

Jun 30 2023n/an/a

US$280m

Mar 31 2023n/an/a

US$283m

Dec 31 2022US$3mUS$1m

US$269m

Sep 30 2022n/an/a

US$240m

Jun 30 2022n/an/a

US$232m

Mar 31 2022n/an/a

US$236m

Dec 31 2021US$3mUS$795k

US$261m

Sep 30 2021n/an/a

US$269m

Jun 30 2021n/an/a

US$242m

Mar 31 2021n/an/a

US$199m

Dec 31 2020US$3mUS$775k

US$159m

Sep 30 2020n/an/a

US$151m

Jun 30 2020n/an/a

US$153m

Mar 31 2020n/an/a

US$172m

Dec 31 2019US$4mUS$752k

US$184m

Sep 30 2019n/an/a

US$181m

Jun 30 2019n/an/a

US$176m

Mar 31 2019n/an/a

US$171m

Dec 31 2018US$3mUS$725k

US$165m

Sep 30 2018n/an/a

US$108m

Jun 30 2018n/an/a

US$92m

Mar 31 2018n/an/a

US$81m

Dec 31 2017US$3mUS$653k

US$67m

Compensation vs Market: Herbert's total compensation ($USD3.74M) is below average for companies of similar size in the US market ($USD6.54M).

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


CEO

Herbert Harton (62 yo)

6.4yrs

Tenure

US$3,740,470

Compensation

Mr. Herbert Lynn Harton has been Director of United Community Banks, Inc. since February 10, 2015 and has been its Chairman of the Board since May 8, 2019 and has been its Chief Executive Officer since Jun...


Leadership Team

NamePositionTenureCompensationOwnership
Herbert Harton
Chairman & CEO6.4yrsUS$3.74m0.22%
$ 9.0m
Richard Bradshaw
President & Chief Banking Officerno dataUS$1.60m0.047%
$ 1.9m
Jefferson Harralson
Executive VP & CFO7.6yrsUS$1.37m0.027%
$ 1.1m
Melinda Lux
Executive VP4.7yrsUS$946.62k0.014%
$ 559.6k
Robert Edwards
Executive VP & Chief Risk Officer9.8yrsUS$1.06m0.037%
$ 1.5m
Alan Kumler
Chief Accounting Officerno datano data0.026%
$ 1.1m
Mark Terry
Chief Information Officer8.8yrsno data0.012%
$ 494.0k
Carol Chastain
Chief Compliance Officerno datano datano data
Abraham Cox
Executive VP & Chief Marketing Officer2yrsno data0.0018%
$ 74.2k
Holly Berry
Chief Human Resources Officer2.8yrsno data0.00097%
$ 39.5k
Mitch Ralston
President of United Community Bank of Hall County13.3yrsno datano data
Doug Higgins
President of Atlanta Metro5.8yrsno datano data

6.4yrs

Average Tenure

57.5yo

Average Age

Experienced Management: UCB.PRI's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Herbert Harton
Chairman & CEO9.8yrsUS$3.74m0.22%
$ 9.0m
Lance Drummond
Independent Director6.4yrsUS$153.75k0.0097%
$ 395.8k
Thomas Richlovsky
Lead Independent Director12.7yrsUS$175.00k0.028%
$ 1.1m
Tim Wallis
Independent Director25.8yrsUS$125.00k0.096%
$ 3.9m
David Wilkins
Independent Director8.8yrsUS$125.00k0.012%
$ 485.5k
Jennifer Mann
Independent Director6.4yrsUS$140.00k0.0097%
$ 395.8k
Kenneth Daniels
Independent Director9yrsUS$162.50k0.016%
$ 671.7k
James Clements
Independent Director4.3yrsUS$130.00k0.0070%
$ 284.5k
David Shaver
Independent Director8.3yrsUS$155.00k0.011%
$ 463.4k
Jennifer Bazante
Independent Director3.2yrsUS$126.25k0.0050%
$ 203.0k
George Bell
Independent Director2.3yrsUS$125.00k0.0035%
$ 141.0k
John James
Independent Directorless than a yearUS$31.26k0.00087%
$ 35.5k

7.3yrs

Average Tenure

67yo

Average Age

Experienced Board: UCB.PRI's board of directors are considered experienced (7.3 years average tenure).