David S. Silverman
2020
In 2020, David S. Silverman earned a total compensation of $754.7K as President and CEO at Union Bankshares, a 24% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $178,800 |
|---|---|
| Salary | $415,385 |
| Stock Awards | $100,000 |
| Other | $60,467 |
| Total | $754,652 |
Silverman received $415.4K in salary, accounting for 55% of the total pay in 2020.
Silverman also received $178.8K in non-equity incentive plan, $100K in stock awards and $60.5K in other compensation.
Rankings
In 2020, David S. Silverman's compensation ranked 9,711th out of 13,090 executives tracked by ExecPay. In other words, Silverman earned more than 25.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,711 out of 13,090 | 26th |
Division Finance, Insurance, And Real Estate | 1,731 out of 2,550 | 32nd |
Major group Depository Institutions | 568 out of 1,117 | 49th |
Industry group Commercial Banks | 489 out of 897 | 46th |
Industry State Commercial Banks | 287 out of 569 | 50th |
Source: SEC filing on April 12, 2022.
Silverman's colleagues
We found two more compensation records of executives who worked with David S. Silverman at Union Bankshares in 2020.
News
Union Bankshares CEO David Silverman's 2023 pay slips 10% to $714K
April 2, 2024
Union Bankshares CEO David Silverman's 2022 pay rises 7% to $789K
April 6, 2023
Union Bankshares CEO David Silverman's 2021 pay slips 2% to $741K
April 12, 2022
Union Bankshares CEO David Silverman's 2019 pay rises 12% to $609K
April 13, 2020
Union Bankshares CEO David Silverman's 2018 pay stays at $542K
April 9, 2019