C. WAYNE ALDERMAN - Corporate Board Profile

AUBURN NATIONAL BANCORPORATION, INC

Filing Date	Source Excerpt
2007-04-09	Director of the Bank since 1993; Director of Financial Operations of the Bank since 2000; Dean of Enrollment Services and former Dean, College of Business, Auburn University; employed by Auburn University since 1979. Dr. Alderman is 56.
2008-04-11	Director of the Bank since 1993; former Director of Financial Operations of the Bank; served as Director of Financial Operations from 2000 to 2007; Dean of Enrollment Services and former Dean, College of Business, Auburn University; employed by Auburn University since 1979. Dr. Alderman is 57.
2009-04-10	C. Wayne Alderman Director of the Bank since 1993; former Director of Financial Operations of the Bank; served as Director of Financial Operations from 2000 to 2007; Dean of Enrollment Services and former Dean, College of Business, Auburn University; employed by Auburn University since 1979. Dr. Alderman is 58. 2008 DIRECTOR COMPENSATION TABLE C. Wayne Alderman Fees Earned or Paid in Cash: 58,670 All Other Compensation: 4,044 Total: 62,714 Strategic Planning Committee: E.L. Spencer, Jr., Anne M. May, Robert W. Dumas, Terry W. Andrus, C. Wayne Alderman and David E. Housel constitute the current members of this committee.
2010-04-09	Dr. Alderman is 59. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. The following table provides information concerning the compensation of the Company's non-employee directors for 2009. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 16. C. Wayne Alderman Fees Earned or Paid in Cash $60,250 All Other Compensation $4,044 Total $64,294.
2011-04-08	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993.
2012-04-06	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993.
2013-04-12	Dr. Alderman is 62. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. The Audit and Compliance Committee is composed of Terry W. Andrus, C. Wayne Alderman, David E. Housel, J. Tutt Barrett and William F. Ham, Jr., all of whom are independent directors, as defined in the Nasdaq listing standards, and meet the independence criteria set forth in SEC Rule 10A-3(b)(1). The Audit Committee has the responsibilities set forth in the Audit Committee Charter, including reviewing the Company's financial statements, evaluating internal accounting controls, reviewing reports of regulatory authorities and determining that all audits and examinations required by law are performed. The Audit Committee appoints independent auditors, reviews and approves their audit plan and reviews with the independent auditors the results of the audit and management's response thereto. The Audit Committee also reviews the adequacy of the internal audit budget and personnel, the internal audit plan and schedule, and results of audits performed by the internal audit staff. The Audit Committee is responsible for overseeing the entire audit function and appraising the effectiveness of internal and external audit efforts. This committee held 13 meetings in 2012. The Board of Directors has determined that C. Wayne Alderman and Terry W. Andrus, members of the Audit Committee, are audit committee financial experts, as defined by SEC rules. The Strategic Planning Committee evaluates potential acquisitions and the Company's long range goals and oversees the process and risk assessment used for the officers' and directors' strategic planning sessions. E. L. Spencer, Jr., Anne M. May, Robert W. Dumas, Terry W. Andrus, C. Wayne Alderman and David E. Housel constitute the current members of this committee. This committee held no meetings in 2012. The following table provides information concerning the compensation of the Company's non-employee directors for 2012. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. Compensation paid to C. Wayne Alderman was $28,042.
2014-04-11	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. The Audit and Compliance Committee is composed of Terry W. Andrus, C. Wayne Alderman, David E. Housel, J. Tutt Barrett and William F. Ham, Jr., all of whom are independent directors, as defined in the Nasdaq listing standards, and meet the independence criteria set forth in SEC Rule 10A-3(b)(1). The Audit Committee has the responsibilities set forth in the Audit Committee Charter, including reviewing the Company's financial statements, evaluating internal accounting controls, reviewing reports of regulatory authorities and determining that all audits and examinations required by law are performed. The Audit Committee appoints independent auditors, reviews and approves their audit plan and reviews with the independent auditors the results of the audit and management's response thereto. The Audit Committee also reviews the adequacy of the internal audit budget and personnel, the internal audit plan and schedule, and results of audits performed by the internal audit staff. The Audit Committee is responsible for overseeing the entire audit function and appraising the effectiveness of internal and external audit efforts. This committee held 15 meetings in 2013. The Board of Directors has determined that C. Wayne Alderman and Terry W. Andrus, members of the Audit Committee, are audit committee financial experts, as defined by SEC rules. The Strategic Planning Committee evaluates potential acquisitions and the Company's long range goals and oversees the process and risk assessment used for the officers' and directors' strategic planning sessions. E. L. Spencer, Jr., Anne M. May, Robert W. Dumas, Terry W. Andrus, C. Wayne Alderman and David E. Housel constitute the current members of this committee. This committee held 3 meetings in 2013. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18. The following table provides information concerning the compensation of the Company's non-employee directors for 2013. Compensation paid to E. L. Spencer, Jr. and Robert W. Dumas for their service as directors is reported in the Summary Compensation Table on page 18.
2015-04-10	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993.
2016-04-08	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings a wealth of strategic planning expertise and public accounting knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993.
2017-04-07	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993.
2018-04-06	Dr. Alderman is 67. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the Bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. In 2017, the Chairman received $2,000 and each director received $1,000, respectively, for each Board meeting attended, which will be the same for 2018. Members of the Audit Committee and the Compensation Committee receive an additional fee of $250 for each committee meeting, while each Chairman of these committees receives $500 per meeting. The compensation of directors may be changed from time to time by the Board of Directors upon recommendation of the Compensation Committee, without shareholder approval. The following table provides information concerning the compensation of the Company's non-employee directors for 2017. C. Wayne Alderman: $38,400.
2019-04-12	Dr. Alderman is 68. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the Bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. ... Anne M. May is currently the chairperson of the committee and therefore is formally identified as the Lead Independent Director. ... The following table provides information concerning the compensation of the Company's non-employee directors for 2018. ... C. Wayne Alderman Fees Earned or Paid in Cash: $34,750, Non-equity Incentive Plan Compensation: $3,650, Total: $38,400.
2020-04-17	Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, brings strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also brings valuable insight and banking knowledge as a result of his service as the Bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. ... In 2019, the Chairman received $2,000 and each director received $1,000, respectively, for each Board meeting attended, which will be the same for 2020. ... The following table provides information concerning the compensation of the Company's non-employee directors for 2019. ... C. Wayne Alderman Fees Earned or Paid in Cash $34,500, Non-equity Incentive Plan Compensation $3,650, Total $38,150.
2021-04-01	Dr. Alderman is 70. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, has strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also has valuable insight and banking knowledge as a result of his service as the Bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. The following table provides information concerning the compensation of the Company's non-employee directors for 2020. Compensation paid to Robert W. Dumas for his service as director is reported in the Summary Compensation Table on page 16. Name: C. Wayne Alderman, Fees Earned or Paid in Cash: $32,750, Non-equity Incentive Plan Compensation: $3,650, Total: $36,400.
2022-03-30	Dr. Alderman is 71. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, has strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also has valuable insight and banking knowledge as a result of his service as the Bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. In 2021, the Chairman received $2,000 and each director received $1,000, respectively, for each Board meeting attended, which will be the same for 2022. Members of the Audit Committee and the Compensation Committee of the Company, which also serve as the members of the Audit Committee and the Compensation Committee of the Bank, respectively, receive an additional fee of $250 for each committee meeting, while each Chairman of these committees receives $500 per meeting. In 2021, aggregate fees paid to Company and Bank directors, including cash bonuses, totaled approximately $244,250. The following table provides information concerning the compensation of the Company's non-employee directors for 2021. Compensation paid to Robert W. Dumas for his service as director is reported in the Summary Compensation Table on page 15. C. Wayne Alderman $33,750 Fees Earned or Paid in Cash, $3,650 Non-equity Incentive Plan Compensation, $37,400 Total.
2023-03-29	Dr. Alderman is 72. ... The following table provides information concerning the compensation of the Companys non-employee directors for 2022. ... C. Wayne Alderman $33,250 Fees Earned or Paid in Cash, $3,650 Non-equity Incentive Plan Compensation, $36,900 Total.
2024-04-03	Dr. Alderman is 73. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, has strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also has valuable insight and banking knowledge as a result of his service as the Bank's Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. In 2023, Alderman received $34,500 in fees.
2025-04-03	C. Wayne Alderman 2004 Dean and Professor Emeritus, former Dean of Enrollment Services and former Dean, College of Business, Auburn University; former Director of Financial Operations of the Bank from 2000 to 2007; employed by Auburn University from 1979 to 2022. Dr. Alderman is 74. Dr. Alderman, a certified public accountant and former Torchmark Professor of Accounting at Auburn University, has strategic planning expertise, public accounting and risk and general management knowledge to the Board. He also has valuable insight and banking knowledge as a result of his service as the Bank’s Director of Financial Operations from 2000 to 2007, in addition to serving as a director of the Bank since 1993. ... In 2024, aggregate fees paid to Company and Bank directors totaled approximately $275,900. The following table provides information concerning the compensation of the Company’s directors for 2024. Name Fees Earned or Paid in Cash Non-equity Incentive Plan Compensation Total C. Wayne Alderman $38,100 — $38,100