Betsy Z. Cohen served as the CEO of The Bancorp from October 2009 until her retirement in December 2014. She holds a J.D. from the University of Pennsylvania Law School, showcasing her strong foundation in law. During her tenure, Betsy...

Betsy Z. Cohen served as the CEO of The Bancorp from October 2009 until her retirement in December 2014. She holds a J.D. from the University of Pennsylvania Law School, showcasing her strong foundation in law. During her tenure, Betsy received a base salary of $655,000 in 2014 and benefitted from performance-based compensation designed to align with the company’s long-term goals. An interesting aspect of her compensation package included a significant increase in her Supplemental Executive Retirement Plan (SERP), which rose to a present value of $4.2 million. This plan paid her $25,000 a month for life after retirement. Betsy was also involved in strategic decisions that emphasized financial growth through non-interest income, like developing prepaid card services. Notably, in 2014, she transitioned to an advisory role after stepping down as CEO, ensuring her continued involvement with The Bancorp in some capacity. Her leadership style and compensation strategies were aimed at creating long-term value for shareholders, signaling a focus on stable growth over short-term gains.