VWF Bancorp Management
Management criteria checks 2/4
VWF Bancorp's CEO is Mike Cahill, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is $238.10K, comprised of 80.7% salary and 19.3% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth $151.90K. The average tenure of the management team and the board of directors is 1.6 years and 9.3 years respectively.
Key information
Mike Cahill
Chief executive officer
US$238.1k
Total compensation
| CEO salary percentage | 80.7% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.6yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$2m |
| Jun 30 2024 | US$238k | US$192k | -US$2m |
| Mar 31 2024 | n/a | n/a | -US$2m |
| Dec 31 2023 | n/a | n/a | -US$945k |
| Sep 30 2023 | n/a | n/a | -US$1m |
| Jun 30 2023 | US$138k | US$93k | -US$545k |
Compensation vs Market: Mike's total compensation ($USD238.10K) is below average for companies of similar size in the US market ($USD647.72K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Cahill (63 yo)
1.8yrs
Tenure
US$238,099
Compensation
Mr. Michael David Cahill, also known as Mike, serves as President, CEO and Director at VWF Bancorp, Inc. since January 01, 2023. He serves as President, CEO and Director at GreenWay Bank (formerly known as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 32.8yrs | US$441.82k | 3.7% $ 1.1m | |
| President | 1.8yrs | US$238.10k | 0.52% $ 151.9k | |
| Executive VP | 1.6yrs | US$187.73k | 0.052% $ 15.2k | |
| Executive VP & Chief Risk Officer | 1.3yrs | US$182.86k | 0.0052% $ 1.5k | |
| Secretary & Director | no data | US$28.37k | 4.28% $ 1.2m | |
| Chief Information Officer | no data | no data | no data |
1.6yrs
Average Tenure
59yo
Average Age
Experienced Management: VWFB's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 32.8yrs | US$441.82k | 3.7% $ 1.1m | |
| President | 1.8yrs | US$238.10k | 0.52% $ 151.9k | |
| Secretary & Director | 9.8yrs | US$28.37k | 4.28% $ 1.2m | |
| Independent Director | 8.8yrs | US$91.33k | 5.42% $ 1.6m | |
| Independent Director | 30.8yrs | US$91.39k | 5.47% $ 1.6m | |
| Independent Director | 6.8yrs | US$91.29k | 5.42% $ 1.6m |
9.3yrs
Average Tenure
61yo
Average Age
Experienced Board: VWFB's board of directors are considered experienced (9.3 years average tenure).