First Community CEO Michael Crapps receives $254K in 2006
First Community reports 2006 executive compensation
By ExecPay News
Published: April 13, 2007
First Community reported fiscal year 2006 executive compensation information on April 13, 2007.
In 2006, five executives at First Community received on average a compensation package of $178K.
Average pay of disclosed executives at First Community
Michael C. Crapps, Chief Executive Officer, received $254K in total. 84% of Crapps' compensation, or $213K, was in salary. Crapps also received $23K of change in pension value and nonqualified deferred compensation earnings and $18K in other compensation.
J. Thomas Johnson, Chairman, received a compensation package of $228K. 79% of the compensation package, or $180K, was in salary.
Joseph G. Sawyer, Chief Financial Officer, earned $152K in 2006.
David K. Proctor, Senior Vice President, Senior Credit Officer, received $132K in 2006.
J. Ted Nissen, Senior Vice President Group Executive, earned $123K in 2006.
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Source: SEC filing on April 13, 2007.