Southern Michigan Bancorp Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
John Waldron
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO
John Waldron
less than a year
Tenure
Mr. John R. Waldron serves as President & CEO of Southern Michigan Bancorp, Inc since October 3, 2023. He was Jackson Market President at Southern Michigan Bank & Trust since June 2022 until October 03, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior VP | less than a year | US$196.76k | 1.19% $ 983.7k | |
| President | less than a year | no data | no data | |
| Senior VP | less than a year | no data | no data | |
| Executive VP | less than a year | no data | no data | |
| Executive VP & Chief Credit Officer | less than a year | no data | no data | |
| Executive VP & Chief Lending Officer | no data | no data | 1.28% $ 1.1m |
0.3yrs
Average Tenure
Experienced Management: SOMC's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | no data | no data | |
| Director Emeritus | no data | US$198.29k | no data | |
| Independent Director | 33.3yrs | US$17.76k | no data | |
| Chairman | 21.8yrs | US$405.25k | 2.39% $ 2.0m | |
| Vice Chairman of Board | 22.3yrs | US$334.51k | 1.7% $ 1.4m | |
| Independent Director | 17.2yrs | US$16.74k | no data | |
| Director | 10.3yrs | no data | 1.14% $ 943.1k | |
| Director | 6.8yrs | no data | no data | |
| Director | 4.3yrs | no data | no data | |
| Director | 2.2yrs | no data | no data | |
| Director | 1.8yrs | no data | no data | |
| Director | 1.3yrs | no data | no data |
6.8yrs
Average Tenure
63yo
Average Age
Experienced Board: SOMC's board of directors are considered experienced (6.8 years average tenure).