Virginia National Bankshares Corp CEO Glenn Rust's 2022 pay jumps 25% to $975K

Virginia National Bankshares Corp reports 2022 executive compensation

By ExecPay News

Published: April 29, 2024

Virginia National Bankshares Corp reported fiscal year 2022 executive compensation information on April 29, 2024.
In 2022, four executives at Virginia National Bankshares Corp received on average a compensation package of $552K, a 14% increase compared to previous year.
Average pay of disclosed executives at Virginia National Bankshares Corp
Glenn W. Rust, Chief Executive Officer, received $975K in total, which increased by 25% compared to 2021. 51% of Rust's compensation, or $500K, was in salary. Rust also received $200K in bonus, $200K in stock awards, as well as $75K in other compensation.
Virginia R. Bayes, Chief Credit Officer and Executive Vice President, Virginia National Bank, received a compensation package of $443K, which increased by 28% compared to previous year. 75% of the compensation package, or $331K, was in salary.
Donna G. Shewmake, General Counsel, earned $401K in 2022, a 23% increase compared to previous year.
Tara Y. Harrison, Chief Financial Officer, received $391K in 2022.

Related executives

Tara Harrison

Virginia National Bankshares Corp

Chief Financial Officer

Glenn Rust

Virginia National Bankshares Corp

Chief Executive Officer

Virginia Bayes

Virginia National Bankshares Corp

Chief Banking Officer and Executive Vice President, Virginia National Bank

Donna Shewmake

Virginia National Bankshares Corp

General Counsel

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Source: SEC filing on April 29, 2024.