Frank M. Mastrangelo is the former Chief Executive Officer of The Bancorp, Inc., where he served from January 2015 until December 2015. He has a solid educational background with a Bachelor's degree in Finance, bringing a wealth of knowledge to...

Frank M. Mastrangelo is the former Chief Executive Officer of The Bancorp, Inc., where he served from January 2015 until December 2015. He has a solid educational background with a Bachelor's degree in Finance, bringing a wealth of knowledge to the banking sector. Before stepping down, Mastrangelo was also the President of The Bancorp Bank. His experience in finance and operations comes from previous roles including Chief Technology Officer and Senior Vice President at Jefferson Bank. Notably, he earned a total compensation of nearly $1 million in 2013, mostly from base salary and stock awards, but he did not receive bonuses for several years. After leaving his CEO position, he took on a different role within the company as a Technologist in Residence. His journey in the banking world reflects a blend of traditional finance and adapting to modern technology trends.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other The Bancorp CEOs

T

Frank M. Mastrangelo

Ex-CEO of The Bancorp

Education

Bachelor's degree in Finance

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

June 15, 1960 - 64 years ago

CEO of The Bancorp for

0 years 11 months (Jan 2015 - Dec 2015)

Previous Experience

President and Chief Operating Officer of The Bancorp, Inc.

Rivals

Competitors/colleagues of Frank M. Mastrangelo

W

Timothy S. Crane

CEO of Wintrust Financial

2023 Compensation

Stock

$276.30K

Salary

$1.00M

Bonus

$1.14M

Other

$33.85K

Total Holdings

$8.91M

S

John C. Corbett

CEO of SouthState

2023 Compensation

Stock

$2.89M

Salary

$1.04M

Bonus

$1.33M

Other

$51.75K

Total Holdings

$10.92M

F

Vincent J. Delie, Jr.

CEO of F.N.B. Corporation

2023 Compensation

Stock

$11.00M

Salary

$1.19M

Bonus

$0.00

Other

$649.18K

Total Holdings

$24.80M

E

Dominic Ng

CEO of East-West Bancorp

2023 Compensation

Stock

$4.75M

Salary

$1.28M

Bonus

$2.22M

Other

$119.74K

Total Holdings

$85.15M

H

John W. Allison

CEO of Home BancShares

2022 Compensation

Stock

$3.66M

Salary

$650.60K

Bonus

$0.00

Other

$687.75K

Total Holdings

$201.65M

Holdings

See how much did Frank M. Mastrangelo make over time.

Frank M. Mastrangelo held a total of 99,749 shares of common stock and 3,018 shares of preferred stock in The Bancorp before his departure in 2015. At the time, his holdings represented about $1 million, reflecting both his ownership and...

Frank M. Mastrangelo held a total of 99,749 shares of common stock and 3,018 shares of preferred stock in The Bancorp before his departure in 2015. At the time, his holdings represented about $1 million, reflecting both his ownership and investment in the company. The value of his shares fluctuated during his tenure, showcasing the potential ups and downs that come with stock ownership in the banking industry. Over the years, Mastrangelo's financial stakes in the company underscored a commitment to fostering growth and stability within The Bancorp.

Insider Trading

See recent insider trades of Frank M. Mastrangelo.

TBBK

45,000 shares

TBBK

Jan 23, 2013

Received

Compensation History

See how much did Frank M. Mastrangelo make over time.

In 2015, Frank M. Mastrangelo earned a total compensation package of $540,534. His salary constituted the bulk of this amount, coming in at $510,000, which was a reflection of his leadership position at the company. Interestingly, he did not receive any bonuses that year nor was there any stock awarded. His total package that included other benefits, like contributions to a 401(k) plan and insurance premiums, rounded off his pay. This approach indicates a focus on fixed compensation without relying on variable pay that could fluctuate with company performance at that time.

Year

2015

Total Compensation

$540.53K

Salary

$510.00K

Board Justification

The compensation program is designed to align the interests of the Company's named executive officers with the long-term interests of its stockholders, focusing on performance-based compensation.

Bonus

$0.00

Board Justification

No bonuses were awarded in 2015.

Other

$30.53K

Board Justification

Includes contributions to 401(k) savings plan, insurance premiums, and personal use of automobiles.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted in 2015.

Performance Metrics

The Compensation Committee evaluates the overall performance of the Company, including net income, return on assets, return on equity, and the contributions of the respective NEOs.

Other The Bancorp CEOs

Here are other CEOs of The Bancorp

Betsy Z. Cohen

Ex-CEO of The Bancorp

October 2009 - December 2014

John C. Chrystal

Ex-CEO of The Bancorp

December 2015 - May 2016