VWF Bancorp Management
Management criteria checks 2/4
VWF Bancorp's CEO is Mike Cahill, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is $138.49K, comprised of 66.8% salary and 33.2% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth $144.88K. The average tenure of the management team and the board of directors is 1.1 years and 8.8 years respectively.
Key information
Mike Cahill
Chief executive officer
US$138.5k
Total compensation
| CEO salary percentage | 66.8% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.1yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$545k |
Compensation vs Market: Mike's total compensation ($USD138.49K) is below average for companies of similar size in the US market ($USD661.47K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
CEO
Mike Cahill (62 yo)
1.3yrs
Tenure
US$138,490
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 Van Wert Federal Savings Bank si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 32.3yrs | US$131.64k | 3.59% $ 1.1m | |
| President | 1.3yrs | US$138.49k | 0.49% $ 144.9k | |
| Treasurer & CFO | 1.1yrs | US$126.64k | 0.052% $ 15.2k | |
| Secretary & Director | no data | US$28.35k | 4.26% $ 1.3m | |
| Chief Information Officer | no data | no data | no data | |
| Chief Risk Officer | less than a year | no data | 0.0052% $ 1.5k |
1.1yrs
Average Tenure
58yo
Average Age
Experienced Management: VWFB's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 32.3yrs | US$131.64k | 3.59% $ 1.1m | |
| President | 1.3yrs | US$138.49k | 0.49% $ 144.9k | |
| Secretary & Director | 9.3yrs | US$28.35k | 4.26% $ 1.3m | |
| Independent Director | 8.3yrs | US$28.29k | 5.4% $ 1.6m | |
| Independent Director | 30.3yrs | US$28.35k | 5.44% $ 1.6m | |
| Independent Director | 6.3yrs | US$28.25k | 5.4% $ 1.6m |
8.8yrs
Average Tenure
60yo
Average Age
Experienced Board: VWFB's board of directors are considered experienced (8.8 years average tenure).