QNB Management
Management criteria checks 4/4
QNB's CEO is Dave Freeman, appointed in Sep 2010, has a tenure of 13.67 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 $575.85K. The average tenure of the management team and the board of directors is 5.3 years and 9.5 years respectively.
Key information
Dave Freeman
Chief executive officer
US$691.8k
Total compensation
| CEO salary percentage | 84.4% |
| CEO tenure | 13.7yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.3yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$692k | US$584k | US$9m |
| Sep 30 2023 | n/a | n/a | US$14m |
| Jun 30 2023 | n/a | n/a | US$15m |
| Mar 31 2023 | n/a | n/a | US$16m |
| Dec 31 2022 | US$664k | US$552k | US$16m |
| Sep 30 2022 | n/a | n/a | US$15m |
| Jun 30 2022 | n/a | n/a | US$15m |
| Mar 31 2022 | n/a | n/a | US$15m |
| Dec 31 2021 | US$677k | US$525k | US$16m |
| Sep 30 2021 | n/a | n/a | US$16m |
| Jun 30 2021 | n/a | n/a | US$17m |
| Mar 31 2021 | n/a | n/a | US$17m |
| Dec 31 2020 | US$615k | US$510k | US$12m |
| Sep 30 2020 | n/a | n/a | US$11m |
| Jun 30 2020 | n/a | n/a | US$10m |
| Mar 31 2020 | n/a | n/a | US$9m |
| Dec 31 2019 | US$631k | US$490k | US$12m |
| Sep 30 2019 | n/a | n/a | US$12m |
| Jun 30 2019 | n/a | n/a | US$12m |
| Mar 31 2019 | n/a | n/a | US$12m |
| Dec 31 2018 | US$573k | US$440k | US$11m |
| 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$8m |
| Dec 31 2017 | US$521k | US$420k | US$8m |
Compensation vs Market: Dave's total compensation ($USD691.76K) is about average for companies of similar size in the US market ($USD661.60K).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Freeman (67 yo)
13.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.7yrs | US$691.76k | 0.68% $ 575.9k | |
| Executive VP & CFO | 1.5yrs | US$381.62k | 0% $ 0 | |
| Executive VP & Chief Lending Officer of QNB Bank | 22.3yrs | US$377.84k | 0.43% $ 360.3k | |
| Executive VP and Chief Operations & Technology Officer of QNB Bank | 8.3yrs | US$317.02k | 0.067% $ 56.2k | |
| Executive VP | 1.3yrs | US$258.20k | 0.056% $ 47.5k | |
| Senior VP & Chief Accounting Officer | 6.3yrs | no data | 0.030% $ 25.2k | |
| Assistant Secretary | no data | no data | no data | |
| Senior VP & Compliance Officer | 3.3yrs | no data | no data | |
| Senior VP & Commercial Lending Team Leader | 5.3yrs | no data | no data | |
| Senior VP & Chief Credit Officer | no data | no data | no data | |
| Senior VP & Commercial Loan Officer | 3.3yrs | no data | no data | |
| Secretary | no data | no data | no data |
5.3yrs
Average Tenure
56yo
Average Age
Experienced Management: QNBC's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.4yrs | US$691.76k | 0.68% $ 575.9k | |
| Independent Director | 11.4yrs | US$30.35k | 0.053% $ 44.5k | |
| Independent Director | 38.3yrs | US$31.02k | 0.71% $ 597.4k | |
| Independent Director | 31.3yrs | US$39.40k | 4.11% $ 3.5m | |
| Independent Chairman of the Board | 27.3yrs | US$61.97k | 0.97% $ 813.9k | |
| Independent Director | 9yrs | US$31.70k | 0.036% $ 30.7k | |
| Independent Director | 10yrs | US$28.75k | 1.47% $ 1.2m | |
| Independent Director | 9yrs | US$33.10k | 0.20% $ 166.4k | |
| Independent Director | 4yrs | US$29.10k | 0.031% $ 25.9k | |
| Independent Director | 4yrs | US$47.90k | 6.62% $ 5.6m | |
| Independent Director | 2.3yrs | US$29.10k | 0.031% $ 25.9k | |
| Independent Director | less than a year | no data | no data |
9.5yrs
Average Tenure
62yo
Average Age
Experienced Board: QNBC's board of directors are considered experienced (9.5 years average tenure).