First Bancorp CEO Tony McKim's 2018 pay rises 17% to $858K
First Bancorp reports 2018 executive compensation
By ExecPay News
Published: March 8, 2019
First Bancorp reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, five executives at First Bancorp received on average a compensation package of $430K, a 6% increase compared to previous year.
Average pay of disclosed executives at First Bancorp
Tony C. McKim, Chief Executive Officer, received $858K in total, which increased by 17% compared to 2017. 61% of McKim's compensation, or $520K, was in salary. McKim also received $192K in bonus, $130K in stock awards, as well as $16K in other compensation.
Charles A. Wootton, Executive Vice President Senior Loan Officer, received a compensation package of $385K, which increased by 5% compared to previous year. 66% of the compensation package, or $256K, was in salary.
Susan A. Norton, Chief Administrative Officer, earned $333K in 2018, a 4% increase compared to previous year.
Richard M. Elder, Chief Financial Officer, received $301K in 2018, which increases by 10% compared to 2017.
Sarah J. Tolman, Executive Vice President Branch Administration, earned $275K in 2018, a 9% increase compared to previous year.
Related executives
Tony McKim
First Bancorp
Chief Executive Officer
Charles Wootton
First Bancorp
Executive Vice President Senior Loan Officer
Susan Norton
First Bancorp
Chief Administrative Officer
Richard Elder
First Bancorp
Chief Financial Officer
Sarah Tolman
First Bancorp
Executive Vice President and Chief Banking Officer
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Source: SEC filing on March 8, 2019.