DAVID J. BATES - Corporate Board Profile

SHORE BANCSHARES INC

Filing Date	Source Excerpt
2012-03-22	David J. Bates is a self-employed investor. Mr. Bates has a Master’s degree in economics and an MBA in finance and was employed by the World Bank Group headquartered in Washington, DC for 20 years. ... At this year’s Annual Meeting, stockholders will be asked to vote on the election of the five director nominees named below. ... David J. Bates 65.
2013-03-20	David J. Bates is a self-employed investor who has served as a director of the Company since April 2012. Mr. Bates serves on the Planning, Nominating and Asset Liability Committees. ... Mr. Bates received total compensation of $7,233.
2014-03-20	David J. Bates is a self-employed investor who has served as a member of our Board since April 2012. Mr. Bates is currently the Chair of the Asset Liability Committee and also serves on the Nominating and Governance Committee.
2015-03-13	David J. Bates Age: 68 Director Since: 2012 Committees: Executive; Governance & Planning; Risk Management (Chair) Since September 2014, Mr. Bates serves as Chairman & CEO of Xtone, Inc., a small privately held technology company located in Northern Virginia. He has a Master’s Degree in economics and an MBA in finance and was employed by the World Bank Group headquartered in Washington, DC for 20 years. During that time he served 10 years as a specialist in project loan finance at International Finance Corporation, World Bank Group’s private sector affiliate. In nominating Mr. Bates, the Nominating and Governance Committee considered Mr. Bates’ experience in banking and finance as well as his experience in corporate governance matters gained through service on a number of private corporate and nonprofit boards.
2016-03-15	Mr. Bates serves as Chairman & CEO of Xtone, Inc. He is a member of the Executive and Governance & Planning Committees and Chair of the Risk Management Committee. Mr. Bates received a total compensation of $24,991 in 2015.
2018-03-16	Mr. Bates has been a director of the Company since 2012 and became a director of the Bank following the merger of our subsidiary banks in July 2016. Since September 2014, Mr. Bates has served as Chairman & CEO of Xtone, Inc., a small privately held technology company located in Northern Virginia. He has a Master’s Degree in economics and an MBA in finance and was employed by the World Bank Group headquartered in Washington, DC for 20 years. During that time he served 10 years as a specialist in project loan finance at International Finance Corporation, World Bank Group’s private sector affiliate. In nominating Mr. Bates, the Nominating and Governance Committee considered as important factors Mr. Bates’ experience in banking and finance as well as his experience in corporate governance matters gained through service on a number of private corporate and nonprofit boards.
2019-03-15	David J. Bates — Age: 72, Director Since: 2012, Committees: Executive (Chair); Nominating & Governance. During 2018, our outside directors received an annual retainer fee of $42,000 per director.
2020-03-13	David J. Bates Age: 72 Director Since: 2012 Committees: Executive (Chair); Audit; Nominating & Governance Mr. Bates has been a director of the Company since 2012 and became a director of Shore United Bank following the merger of our subsidiary banks in 2016. Since September 2014, Mr. Bates has served as Chairman & CEO of Xtone, Inc., a small privately held technology company located in Northern Virginia. He has a Master’s Degree in economics and an MBA in finance and was employed by the World Bank Group headquartered in Washington, DC for 20 years. During that time, he served 10 years as a specialist in project loan finance at International Finance Corporation, World Bank Group’s private sector affiliate. Mr. Bates' qualifications to serve on the Board include, his experience in banking and finance as well as his experience in corporate governance matters gained through service on a number of private corporate and nonprofit boards. Director Compensation Table David J. Bates Fees earned or paid in cash: 2,509 Fees earned or paid in restricted stock: 41,991 Total: 44,500
2021-03-26	Mr. Bates has been a director of the Company since 2012 and became a director of Shore United Bank following the merger of our subsidiary banks in 2016. Since September 2014, Mr. Bates has served as Chairman & CEO of Xtone, Inc., a small privately held technology company located in Northern Virginia. He has a Master’s Degree in economics and an MBA in finance and was employed by the World Bank Group headquartered in Washington, DC for 20 years. During that time, he served 10 years as a specialist in project loan finance at International Finance Corporation, World Bank Group’s private sector affiliate. In nominating Mr. Bates, the Nominating Committee considered as important factors Mr. Bates' experience in banking and finance as well as his experience in corporate governance matters gained through service on a number of private corporate and nonprofit boards.