First Bancorp CEO Tony McKim's 2019 pay rises 11% to $956K
First Bancorp reports 2019 executive compensation
By ExecPay News
Published: March 6, 2020
First Bancorp reported fiscal year 2019 executive compensation information on March 6, 2020.
In 2019, six executives at First Bancorp received on average a compensation package of $438K, a 2% increase compared to previous year.
Average pay of disclosed executives at First Bancorp
Tony C. McKim, Chief Executive Officer, received $956K in total, which increased by 11% compared to 2018. 57% of McKim's compensation, or $545K, was in salary. McKim also received $231K in bonus, $164K in stock awards, as well as $17K in other compensation.
Charles A. Wootton, Executive Vice President Senior Loan Officer, received a compensation package of $402K, which increased by 4% compared to previous year. 66% of the compensation package, or $264K, was in salary.
Susan A. Norton, Chief Administrative Officer, earned $357K in 2019, a 7% increase compared to previous year.
Richard M. Elder, Chief Financial Officer, received $319K in 2019, which increases by 6% compared to 2018.
Sarah J. Tolman, Executive Vice President Branch Administration, earned $319K in 2019, a 16% increase compared to previous year.
Jonathan W. Nicholson, Executive Vice President and Chief Lending Officer, received $275K in 2019.
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
Jonathan Nicholson
First Bancorp
Executive Vice President and Chief Lending Officer
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Source: SEC filing on March 6, 2020.