Freedom Financial Holdings Management
Management criteria checks 2/4
Freedom Financial Holdings' CEO is Joe Thomas, appointed in Aug 2018, has a tenure of 6.08 years. total yearly compensation is $958.59K, comprised of 40.7% salary and 59.3% bonuses, including company stock and options. directly owns 5.72% of the company’s shares, worth $4.65M. The average tenure of the management team and the board of directors is 5.9 years and 6.1 years respectively.
Key information
Joe Thomas
Chief executive officer
US$958.6k
Total compensation
| CEO salary percentage | 40.7% |
| CEO tenure | 6.1yrs |
| CEO ownership | 5.7% |
| Management average tenure | 5.9yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$3m |
| Mar 31 2024 | n/a | n/a | US$2m |
| Dec 31 2023 | US$959k | US$390k | US$2m |
| Sep 30 2023 | n/a | n/a | US$7m |
| Jun 30 2023 | n/a | n/a | US$9m |
| Mar 31 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$712k | US$375k | US$11m |
| Sep 30 2022 | n/a | n/a | US$10m |
| Jun 30 2022 | n/a | n/a | US$11m |
| Mar 31 2022 | n/a | n/a | US$11m |
| Dec 31 2021 | US$673k | US$360k | US$11m |
| Sep 30 2021 | n/a | n/a | US$10m |
| Jun 30 2021 | n/a | n/a | US$10m |
| Mar 31 2021 | n/a | n/a | US$9m |
| Dec 31 2020 | US$504k | US$335k | US$7m |
| Sep 30 2020 | n/a | n/a | US$6m |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | n/a | n/a | US$3m |
| Dec 31 2019 | US$460k | US$335k | US$3m |
| Sep 30 2019 | n/a | n/a | US$2m |
| Jun 30 2019 | n/a | n/a | US$208k |
| Mar 31 2019 | n/a | n/a | US$399k |
| Dec 31 2018 | US$998k | US$111k | US$191k |
Compensation vs Market: Joe's total compensation ($USD958.59K) is above average for companies of similar size in the US market ($USD677.23K).
Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Joe Thomas (59 yo)
6.1yrs
Tenure
US$958,585
Compensation
Mr. Joseph Janney Thomas, also known as Joe, CFA, has been President and Chief Executive Officer of Freedom Financial Holdings, Inc. (formerly known as The Freedom Bank of Virginia) since August 27, 2018....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | US$958.59k | 5.72% $ 4.6m | |
| Executive VP & CFO | 6.8yrs | US$393.21k | 0.26% $ 207.5k | |
| Senior EVP | 5.9yrs | US$534.38k | 0.83% $ 674.5k | |
| Executive VP & Chief Mortgage Officer | 9.8yrs | US$363.46k | no data | |
| Senior VP & Market President of Fairfax County | no data | no data | no data | |
| Senior VP & MD of Commercial Banking | 4.8yrs | no data | no data | |
| Executive VP & Head of Deposit Products | no data | no data | no data | |
| Senior VP & Market President of Loudoun County | no data | no data | no data | |
| Executive VP & Head of Commercial Banking | less than a year | no data | no data | |
| Senior VP & Commercial Real Estate Practice Leader | less than a year | no data | no data |
5.9yrs
Average Tenure
62.5yo
Average Age
Experienced Management: FDVA's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | US$958.59k | 5.72% $ 4.6m | |
| Director | 1.7yrs | US$30.23k | no data | |
| Vice Chairman of the Board | 20.1yrs | US$65.57k | 1.95% $ 1.6m | |
| Independent Chairman of the Board | 21.3yrs | US$105.05k | 0.95% $ 770.8k | |
| Director | 21.7yrs | US$45.28k | 2.06% $ 1.7m | |
| Director | 5.4yrs | US$46.85k | 0.073% $ 59.3k | |
| Director | 6.5yrs | US$48.87k | 0.48% $ 392.8k | |
| Director | 6yrs | US$42.43k | 0.055% $ 44.5k | |
| Director | 5.3yrs | US$43.92k | 0.027% $ 22.2k |
6.1yrs
Average Tenure
60yo
Average Age
Experienced Board: FDVA's board of directors are considered experienced (6.1 years average tenure).