Sundar PichaiSundar Pichai earned $164M in 2023
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Bruce Tindal

CEO of First Bancorp

Economy Sector

Financial Services

Current Tenure

1 year 9 months (Apr 2023 - Present)

Previous Experience

Unknown

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...

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.