E. L. SPENCER, JR. - Corporate Board Profile

AUBURN NATIONAL BANCORPORATION, INC

Filing Date	Source Excerpt
2007-04-09	Director of the Bank since 1975; Chairman of the Company’s and Bank’s Board of Directors since 1984 and 1980, respectively; Chief Executive Officer and President of the Company since 1990; formerly Chief Executive Officer and President of the Bank from 1990-2000; Director of East Alabama Medical Center; father of Edward Lee Spencer, III. E. L. Spencer, Jr. is 76.
2008-04-11	Director of the Bank since 1975; Chairman of the Company’s and Bank’s Board of Directors since 1984 and 1980, respectively; Chief Executive Officer and President of the Company since 1990; formerly Chief Executive Officer and President of the Bank from 1990-2000; Director of East Alabama Medical Center; father of Edward Lee Spencer, III. E.L. Spencer, Jr. is 77.
2009-04-10	E. L. Spencer, Jr. Director of the Bank since 1975; Chairman of the Company’s and Bank’s Board of Directors since 1984 and 1980, respectively; Chief Executive Officer and President of the Company since 1990; formerly Chief Executive Officer and President of the Bank from 1990-2000; father of Edward Lee Spencer, III. E.L. Spencer, Jr. is 78. Executive Committee: E. L. Spencer, Jr., Robert W. Dumas, Anne M. May, and Emil F. Wright, Jr. Proxy Committee: E. L. Spencer, Jr., Emil F. Wright, Jr., and Terry W. Andrus Property Committee: E.L. Spencer, Jr., Robert W. Dumas, Anne M. May, J.E. Evans, and William F. Ham, Jr. Strategic Planning Committee: E.L. Spencer, Jr., Anne M. May, Robert W. Dumas, Terry W. Andrus, C. Wayne Alderman and David E. Housel 2008 SUMMARY COMPENSATION TABLE E.L. Spencer, Jr. Salary: 75,000 Bonus: 13,000 All Other Compensation: 34,378 Total: 122,378
2010-04-09	E.L. Spencer, Jr. is 79. Director of the Bank since 1975; Chairman of the Company’s and Bank’s Board of Directors since 1984 and 1980, respectively; Chief Executive Officer and President of the Company since 1990; formerly Chief Executive Officer and President of the Bank from 1990 to 2000. The Company’s Executive Committee is authorized to act in the absence of the Board of Directors on certain matters that require Board approval. E. L. Spencer, Jr., Robert W. Dumas, Anne M. May, and Emil F. Wright, Jr. constitute the current members of this committee. The Proxy Committee is authorized to act on behalf of Company shareholders when authorized by Proxy. E. L. Spencer, Jr., Emil F. Wright, Jr., and Terry W. Andrus constitute the current members of this committee. The Property Committee evaluates potential properties for expansion or branching activities. E.L. Spencer, Jr., Robert W. Dumas, Anne M. May, J.E. Evans, J. Tutt Barrett and William F. Ham, Jr. constitute the current members of this committee. Compensation Table: E.L. Spencer, Jr. Fees Earned or Paid in Cash $78,000 All Other Compensation $30,853 Total $108,853.
2011-04-08	Through his 36 years of service, including 21 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions.
2012-04-06	E.L. Spencer, Jr. is 81. Through his 37 years of service, including 22 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions.
2013-04-12	E. L. Spencer, Jr. is 82. Director of the Bank since 1975; Chairman of the Company's and Bank's Board of Directors since 1984 and 1980, respectively; Chief Executive Officer and President of the Company since 1990; formerly Chief Executive Officer and President of the Bank from 1990 to 2000; father of Edward Lee Spencer, III. Through his 38 years of service, including 23 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions. The Executive Committee is authorized to act in the absence of the Board of Directors on certain matters that require Board approval. E. L. Spencer, Jr., Robert W. Dumas, and Anne M. May constitute the current members of this committee. The Proxy Committee is authorized to act on behalf of Company shareholders when authorized by Proxy. E. L. Spencer, Jr. and Terry W. Andrus constitute the current members of this committee. The Property Committee evaluates potential properties for expansion or branching activities. E. L. Spencer, Jr., Robert W. Dumas, Anne M. May, J. E. Evans, J. Tutt Barrett and William F. Ham, Jr. constitute the current members of this committee. 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. The following table provides information concerning the compensation of the Company's non-employee directors for 2012. Compensation paid to E. L. Spencer, Jr. was $132,320.
2014-04-11	Director of the Bank since 1975; Chairman of the Company’s and Bank’s Board of Directors since 1984 and 1980, respectively; Chief Executive Officer and President of the Company since 1990; formerly Chief Executive Officer and President of the Bank from 1990 to 2000; father of Edward Lee Spencer, III. E. L. Spencer, Jr. is 83. Through his 39 years of service, including 24 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions. The Company’s Board of Directors has eight standing committees: the Executive Committee, the Proxy Committee, the Property Committee, the Compensation Committee, the Strategic Planning Committee, the Audit and Compliance Committee, the Nominating and Corporate Governance Committee and the Independent Director Committee. Executive Committee. The Company’s Executive Committee is authorized to act in the absence of the Board of Directors on certain matters that require Board approval. E. L. Spencer, Jr., Robert W. Dumas, and Anne M. May. constitute the current members of this committee. This committee held one meeting during 2013. Proxy Committee. The Proxy Committee is authorized to act on behalf of Company shareholders when authorized by Proxy. E. L. Spencer, Jr. and Terry W. Andrus constitute the current members of this committee. This committee held one meeting during 2013. Property Committee. The Property Committee evaluates potential properties for expansion or branching activities. E. L. Spencer, Jr., Robert W. Dumas, Anne M. May, J. E. Evans, J. Tutt Barrett and William F. Ham, Jr. constitute the current members of this committee. This committee held one meeting during 2013. Strategic Planning Committee. 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 Chairman receives $1,700 and each director receives $850, respectively, for each Board meeting attended. Generally the Board of Directors of the Company and the Bank meet on the same day, and in such cases, a fee is paid for one board meeting only. In addition, 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 $200 for each committee meeting attended, while each Chairman of these committees receives $400 per meeting attended. Members of the Bank’s Loan Committee, Asset/Liability Committee and IT/IS Steering Committee receive $200 for each committee meeting attended, while each Chairman of these committees receives $400 per meeting. The Company’s and the Bank’s directors may receive year-end cash bonuses based upon the Company’s financial performance. In 2013, aggregate fees paid to Company and Bank Directors, including cash bonuses, totaled approximately $213,350. 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 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 executive compensation tables and related information are intended to be read together with the more detailed disclosure regarding our executive compensation program presented under the caption Compensation Discussion and Analysis above. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011. The following table provides information concerning the compensation of our named executive officers for 2013, 2012, and 2011.
2015-04-10	Through his 40 years of service, including 25 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions.
2016-04-08	Through his 41 years of service, including 26 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions.
2017-04-07	Through his 42 years of service, including 27 years as Chief Executive Officer, Mr. E. L. Spencer, Jr. brings to the Board a deep institutional knowledge and perspective regarding our strengths, challenges, and opportunities. His diverse experiences and leadership roles in the banking, construction, retail, healthcare and agriculture industries provide the Board an expanded perspective regarding the relevant risks and opportunities facing financial institutions.
2018-04-06	E. L. Spencer, Jr. is 87. Director of the Bank since 1975; Chairman Emeritus of the Company since 2017; former Chairman of the Company’s and Bank’s Board of Directors from 1984 to 2017 and 1980 to 2017, respectively; Chief Executive Officer and President of the Company from 1990 to 2017. 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 following table provides information concerning the compensation of the Company's non-employee directors for 2017. Compensation paid to E. L. Spencer, Jr. for their service as directors is reported in the Summary Compensation Table on page 12. E. L. Spencer, Jr. total compensation: $59,008.