In 2014, Charles H. Updegraff, Jr. earned $1.04M in total compensation at Citizens & Northern, including $260.96K salary and $30.43K in stock. Most recently acquired 1,488 shares in Jan 2014. Currently holds stock worth $1.45M. Led Citizens & Northern as CEO for 4 years.
Compensation History
Annual executive compensation data for Charles H. Updegraff, Jr., including salary, bonuses, and stock awards.
Year
2014
Total Compensation
$1.04M
Salary
$260.96K
Bonus
$0.00
Other
$749.02K
Salary
$260.96KBoard Justification
The compensation program is designed to provide competitive compensation aligned with corporate performance and individual contributions, with a focus on long-term success and retention of key executives.
Bonus
$0.00Board Justification
No annual cash bonus was awarded for 2014 as per the Incentive Award Plan.
Other Compensation
$749.02KBoard Justification
Includes severance benefits and other compensation related to retirement and employment termination.
Restricted Stock
Board Justification
Restricted stock awards vested in 2014, based on the market price of the Corporation’s stock at the time of vesting.
Performance Metrics
The performance metrics for determining compensation included corporate performance measures such as return on average equity and individual performance contributions.
Charles H. Updegraff, Jr.
Ex-CEO of Citizens & Northern
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of Citizens & Northern for
4 years 7 months (Jan 2010 - Aug 2014)
Previous Experience
President and Chief Executive Officer of Citizens Bancorp, Inc. and Citizens Trust Company
Holdings
Track Charles H. Updegraff, Jr.'s stock holdings and portfolio value over time.
Insider Trading
Charles H. Updegraff, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.
$30.43K
CZNC at $20.45/share
Jan 3, 2014
Received
$46.10K
CZNC at $19.21/share
Jan 3, 2013
Received
$43.90K
CZNC at $18.54/share
Jan 4, 2012
Received
$25.09K
CZNC at $15.06/share
Jan 4, 2011
Received
Rivals
Compare Charles H. Updegraff, Jr. with competitor CEOs and industry peers.
David D. Nelson
CEO of West Bancorporation
2010 Compensation
Stock
$0.00
Salary
$203.08K
Bonus
$125.00K
Other
$50.75K
Total Holdings
$2.80M
Len D. Devaisher
CEO of MidWestOne Financial Group
2022 Compensation
Stock
$0.00
Salary
$426.92K
Bonus
$100.00K
Other
$17.05K
Total Holdings
$57.06K
Gary R. Mills
CEO of First Community Bankshares
2020 Compensation
Stock
$155.97K
Salary
$567.00K
Bonus
$265.78K
Other
$81.92K
Total Holdings
$661.35K