QNB Management

Management criteria checks 4/4

QNB's CEO is Dave Freeman, appointed in Sep 2010, has a tenure of 14.25 years. total yearly compensation is $691.76K, comprised of 84.4% salary and 15.6% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth $851.25K. The average tenure of the management team and the board of directors is 5.9 years and 9.6 years respectively.

Key information

Dave Freeman

Chief executive officer

US$691.8k

Total compensation

CEO salary percentage84.4%
CEO tenure14.3yrs
CEO ownership0.7%
Management average tenure5.9yrs
Board average tenure9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Freeman's remuneration changed compared to QNB's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$10m

Jun 30 2024n/an/a

US$9m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$692kUS$584k

US$9m

Sep 30 2023n/an/a

US$14m

Jun 30 2023n/an/a

US$15m

Mar 31 2023n/an/a

US$16m

Dec 31 2022US$664kUS$552k

US$16m

Sep 30 2022n/an/a

US$15m

Jun 30 2022n/an/a

US$15m

Mar 31 2022n/an/a

US$15m

Dec 31 2021US$677kUS$525k

US$16m

Sep 30 2021n/an/a

US$16m

Jun 30 2021n/an/a

US$17m

Mar 31 2021n/an/a

US$17m

Dec 31 2020US$615kUS$510k

US$12m

Sep 30 2020n/an/a

US$11m

Jun 30 2020n/an/a

US$10m

Mar 31 2020n/an/a

US$9m

Dec 31 2019US$631kUS$490k

US$12m

Sep 30 2019n/an/a

US$12m

Jun 30 2019n/an/a

US$12m

Mar 31 2019n/an/a

US$12m

Dec 31 2018US$573kUS$440k

US$11m

Sep 30 2018n/an/a

US$9m

Jun 30 2018n/an/a

US$9m

Mar 31 2018n/an/a

US$8m

Dec 31 2017US$521kUS$420k

US$8m

Compensation vs Market: Dave's total compensation ($USD691.76K) is about average for companies of similar size in the US market ($USD653.16K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


CEO

Dave Freeman (68 yo)

14.3yrs

Tenure

US$691,755

Compensation

Mr. David W. Freeman, also known as Dave, has been the President of QNB Corp. and its subsidiary QNB Bank since September 7, 2010 and has also been their Chief Executive Officer since January 1, 2013. Mr....


Leadership Team

NamePositionTenureCompensationOwnership
David Freeman
President14.3yrsUS$691.76k0.68%
$ 851.3k
Jeffrey Lehocky
Executive VP & CFO2.1yrsUS$381.62k0%
$ 0
Scott Orzehoski
Executive VP & Chief Lending Officer of QNB Bank22.9yrsUS$377.84k0.42%
$ 532.7k
Christopher Cattie
Executive VP and Chief Operations & Technology Officer of QNB Bank8.8yrsUS$317.02k0.066%
$ 83.0k
Courtney Covelens
Executive VP1.9yrsUS$258.20k0.056%
$ 70.3k
Mary Beth Liddle
Senior VP & Chief Accounting Officer6.8yrsno datano data
Jean Scholl
Assistant Secretaryno datano datano data
Tiffany Pompei
Senior VP & Compliance Officer3.9yrsno datano data
Justin Hartrum
Senior VP & Commercial Lending Team Leader5.9yrsno datano data
Cheryl Morris
Senior VP & Chief Credit Officerno datano datano data
Bruce Knipe
Senior VP & Commercial Loan Officer3.9yrsno datano data
Suzanne Weisberg
Secretaryno datano datano data

5.9yrs

Average Tenure

57.5yo

Average Age

Experienced Management: QNBC's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Freeman
President12yrsUS$691.76k0.68%
$ 851.3k
Autumn Bayles
Independent Director12yrsUS$30.35k0.059%
$ 73.7k
Kenneth Brown
Independent Director31.9yrsUS$39.40k4.09%
$ 5.1m
Scott Stevenson
Independent Director9.6yrsUS$31.70k0.042%
$ 52.6k
W. Stauffer
Independent Director10.6yrsUS$28.75k1.47%
$ 1.8m
Jennifer Mann
Independent Director9.6yrsUS$33.10k0.22%
$ 280.2k
Laurie Bergman
Independent Director4.6yrsUS$29.10k0.035%
$ 44.1k
Randy Bimes
Independent Director4.6yrsUS$47.90k6.68%
$ 8.4m
Ranajoy Ray-Chaudhuri
Independent Director2.9yrsUS$29.10k0.035%
$ 44.1k
Gerald Gorski
Independent Directorless than a yearno data0.0046%
$ 5.8k

9.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: QNBC's board of directors are considered experienced (9.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:57
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Analyst Sources

QNB Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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