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MPB INC

VA · Community Development · EIN 541346393

16
Executives Disclosed
$90.6M
Annual Revenue
$608.3M
Total Assets
10.5:1
Internal Pay Ratio

MPB INC has 16 executives with disclosed compensation. The highest-paid executive, Howard P Kern (DIRECTOR), received peak total compensation of $33,221,923. The sector average for Community Development executives is $172K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Howard P Kern DIRECTOR $33.2M $9.9M 2014–2022 443x
David L Bernd FORMER OFFICER $7.9M $3.4M 2014–2017 105.4x
Robert A Broermann DIRECTOR/TREASURER $3.5M $3.5M 2014–2024 46.1x
Michael V Gentry DIRECTOR (THROUGH 5/23) $3.4M $2.2M 2016–2023 45.9x
Megan R Perry DIRECTOR (EFFECTIVE 5/23) $2.0M $2.0M 2019–2024 26x
Aubrey L Layne PRESIDENT & CHAIR $1.9M $1.9M 2021–2024 25.4x
Earl J Barnes Ii SECRETARY $1.6M $1.6M 2022–2024 21.9x
Louis Patalano Iv FORMER OFFICER $1.2M $211K 2020–2023 16.2x
Jeffrey P King FORMER OFFICER $1.1M $192K 2014–2020 14.4x
Kurt T Hofelich FORMER OFFICER $965K $778K 2018–2024 12.9x
Megan Perry PRESIDENT (EFFEC 3/18 THRU 10/18) $943K $943K 2018–2018 12.6x
Kurt Hofelich FORMER OFFICER $825K $825K 2022–2023 11x
Grace R Hines FORMER OFFICER $737K $670K 2014–2016 9.8x
Samuel J Hawley ASST SECRETARY (THROUGH 6/22) $327K $188K 2021–2022 4.4x
Samuel Hawley ASSISTANT SECRETARY (THRU 10/20) $290K $290K 2019–2020 3.9x
Robert L Souders VICE PRES (EFFEC 3/18 THRU 10/18) $117K $0 2018–2018 1.6x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2014 5 $2.6M $5.5M $13.1M
2016 6 $2.7M $7.9M $16.5M
2017 5 $2.5M $5.2M $12.7M
2018 7 $2.0M $5.8M $12.0M
2019 7 $2.2M $8.1M $15.1M
2020 8 $2.4M $11.4M $19.3M
2021 8 $5.3M $33.2M $42.8M
2022 9 $2.3M $9.9M $20.3M
2023 7 $1.6M $2.8M $11.0M
2024 5 $1.9M $3.5M $9.7M
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