Sundar PichaiSundar Pichai earned $164M in 2023
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Brian L. Vance

Ex-CEO of Heritage Financial

Education

Bachelor's degree in Economics from Whitman College

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1954 - 71 years ago

Economy Sector

Financial Services

Tenure

13 years 6 months (Jan 2006 - Jul 2019)

Previous Experience

President and CEO of Heritage Bank

Brian L. Vance is the former President and CEO of Heritage Financial, a company he led starting in 2003 until 2019. With a background in finance, Vance has a track record of guiding the company through various challenges and opportunities....

Year

2019

Total Compensation

$395.00K

Salary

$300.00K

Board Justification

The compensation philosophy is designed to align the CEO's compensation with the company's performance and shareholder interests, using a mix of fixed and variable pay components.

Bonus

$50.00K

Board Justification

The bonus is based on the company's performance metrics including net income and return on equity for the fiscal year 2019.

Other

$20.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid by the company.

Restricted Stock

$25.00K(1K common stock)

Board Justification

1,000 shares of common stock vested in 2019 as part of the long-term incentive plan.

Performance Metrics

Performance metrics include financial targets such as earnings per share and return on assets.