Bruce Tindal is the current CEO of First Bancorp (FNLC), a role he has held since April 2023. He has been involved with the company for a long time, having served as a director since 1999. Tindal helped navigate the...

Bruce Tindal is the current CEO of First Bancorp (FNLC), a role he has held since April 2023. He has been involved with the company for a long time, having served as a director since 1999. Tindal helped navigate the company through significant changes, including the merger of two banks which reshaped its structure. He’s also the owner of Tindal & Callahan Real Estate, so he knows a thing or two about real estate and investment. His practical experience in real estate complements his banking role. In 2023, he earned a total compensation of $365,000, which reflects his involvement in driving the company's success. Tindal's career has emphasized performance and aligning shareholder interests, which is essential for any CEO in today's market. Outside work, he contributes to community efforts and has been a licensed real estate broker since 1974. This blend of experience makes him a valuable leader in financial services and local business.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other First Bancorp CEOs

F

Bruce Tindal

CEO of First Bancorp

Sector of Economy

Financial Services

CEO of First Bancorp for

2 years 0 months (Apr 2023 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Bruce Tindal

Holdings

See how much did Bruce Tindal make over time.

Bruce Tindal's insider trading history shows fluctuations in the value of his stock holdings over the last few years. In 2019, he reported values from around $572,910 to $614,250, gradually increasing into 2020. Following that, his stock holdings varied between...

Bruce Tindal's insider trading history shows fluctuations in the value of his stock holdings over the last few years. In 2019, he reported values from around $572,910 to $614,250, gradually increasing into 2020. Following that, his stock holdings varied between $418,560 and $721,050 through 2022. By 2023, his insider trading activity illustrates steady values, maintaining between $530,740 and $678,970. His notable holdings peak during 2021 saw him reporting as high as $721,050, demonstrating a significant part of his wealth tied to the company's performance. This trend continues to show his personal investment in the company’s success.

Total Stock Sold

$121.82K

FNLC

$121.82K

4,000 FNLC shares

What if they kept their stock?

If Bruce Tindal didn't sell their stock, today they would have:
Extra FNLC4,000 shares worth $79.76K.
This is -34.52% and $42.06K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Bruce Tindal.

FNLC

700 shares

FNLC

Jan 30, 2025

Received

FNLC

250 shares

FNLC

Feb 8, 2023

Received

FNLC

250 shares

FNLC

Feb 4, 2022

Received

FNLC

250 shares

FNLC

Jan 28, 2021

Received

FNLC

$122.35K

FNLC at $30.59/share

Oct 19, 2017

Sale

FNLC

250 shares

FNLC

Feb 23, 2017

Received

Compensation History

See how much did Bruce Tindal make over time.

In 2023, Bruce Tindal received a total compensation of $365,000. His salary was set at $300,000, which is a substantial part of his earnings. He also earned a bonus of $50,000 based on the company's performance metrics, underscoring the emphasis on results in his leadership role. Additionally, he received $20,000 in other compensation, which covers retirement contributions and health benefits. Notably, Tindal had 1,000 shares of restricted stock units that vested in 2023, valued at $25,000. This compensation structure aligns his interests with those of the shareholders and reflects a focus on achieving tangible financial goals. His compensation plan emphasizes earning through performance, which is key in the competitive financial industry.

Year

2023

Total Compensation

$395.00K

Salary

$300.00K

Board Justification

The compensation philosophy is designed to align the CEO's interests with those of shareholders, focusing on performance metrics and peer benchmarking to ensure competitive and fair compensation.

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 2023.

Other

$20.00K

Board Justification

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

Restricted Stock

$25.00K(1K RSU)

Board Justification

The stock that vested in 2023 is part of a long-term incentive plan that rewards performance over a three-year period, with vesting occurring at the end of the performance period.

Performance Metrics

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

Other First Bancorp CEOs

Here are other CEOs of First Bancorp

Tony C. McKim

Ex-CEO of First Bancorp

January 2015 - April 2023