F. BRAD DENARDO - Corporate Board Profile

NATIONAL BANKSHARES INC

Filing Date	Source Excerpt
2017-03-30	F. Brad Denardo (Age 64): Mr. Denardo joined National Bank as a Vice President in 1983 and was promoted to Executive Vice President of Loans in 1989. In 2002, he was named Executive Vice President and Chief Operating Officer of National Bank and was also elected to the National Bank Board of Directors. Mr. Denardo was named President and Chief Executive Officer of NBB in 2014. He also serves as Executive Vice President of the Company (since 2008) and is Treasurer and a Director of National Bankshares Financial Services, Inc. (since 2001).
2018-03-30	F. Brad Denardo (Age 65): Mr. Denardo joined National Bank as a Vice President in 1983 and was promoted to Executive Vice President of Loans in 1989. ... Mr. Denardo was named President and Chief Executive Officer of the Company on September 1, 2017, President and Chief Executive Officer of NBB in May 2014 and Chairman, President and CEO of NBB in September 2017. ... The Risk Committee met three times in 2017. ... Summary Compensation Table: F. Brad Denardo 2017 Salary $444,750 Bonus $127,800 Total $572,550 ... Summary Compensation Table continued: F. Brad Denardo 2017 Change in Pension Value and Nonqualified Deferred Compensation Earnings $355,967 All Other Compensation $98,310 Total $1,026,827
2019-03-29	F. Brad Denardo (Age 66): Mr. Denardo joined National Bank as a Vice President in 1983 and was promoted to Executive Vice President of Loans in 1989. In 2002, he was named Executive Vice President and Chief Operating Officer of National Bank and was also elected to the National Bank Board of Directors. Mr. Denardo was named President and Chief Executive Officer of the Company on September 1, 2017, President and Chief Executive Officer of NBB in May 2014 and Chairman, President and CEO of NBB in September 2017. He served as Executive Vice President of the Company from 2008 until 2017 and as Treasurer of National Bankshares Financial Services, Inc. ("NBFS") from 2001 until 2017. He currently serves as Chairman, President and CEO of National Bankshares Financial Services, Inc. and has served as a Director since 2001. In addition to Mr. Denardos considerable banking experience, his community and professional involvement bring a valuable perspective to the Companys board. Mr. Denardo is a Board Member of the Virginia Tech Corporate Research Center, the Community Foundation of the New River Valley, the Blacksburg Partnership, Bankers Insurance, LLC, and Virginia Bankers Association Management Services, Inc. He is Assistant Treasurer of Blacksburg United Methodist Church.
2020-03-30	F. Brad Denardo: Chairman, President and CEO. Named Chairman in May 2019. Serves as Chairman of the Executive Committee. Summary Compensation Table shows total compensation of $1,115,350 in 2019.
2021-03-30	F. Brad Denardo (Age 68): Mr. Denardo has served on the National Bankshares, Inc. Board of Directors since 2017... He was named Chairman, President and CEO of the Company on May 15, 2019... The Executive Committee did not meet in 2020. Mr. Denardo (Chair)... In 2020, the members of the NBI Board of Directors received $1,250 for each regular or special Board meeting they attended... Directors fees paid to Mr. Denardo are disclosed in the Summary Compensation Table in “Executive Compensation.”... Summary Compensation Table: Total compensation for 2020 was $1,165,735.
2022-03-30	Mr. Denardo received the same compensation as outside directors. See also “Corporate Governance Matters.” Directors fees paid to Mr. Denardo are disclosed in the Summary Compensation Table in “Executive Compensation.” In 2021, the members of the NBI Board of Directors received $1,500 for each regular or special Board meeting they attended. They were paid $800 for each committee meeting unless the committee meeting was held concurrently with the regular board meeting. Directors were also paid an annual retainer fee of $25,000. The Company’s directors receive no other forms of compensation, except as described in the table and paragraph below. Lawrence J. Ball 48,600 John E. Dooley 46,300 Michael E. Dye 47,800 Norman V. Fitzwater, III 47,800 Charles E. Green, III 47,000 Mildred R. Johnson 47,800 Mary G. Miller 47,800 William A. Peery 38,800 Glenn P. Reynolds 47,000 James C. Thompson 46,300 J. Lewis Webb, Jr. 5,500 Directors fees for Mr. Denardo include fees from NBI and NBB.
2024-03-28	F. Brad Denardo (Age 71): Mr. Denardo has served on the Board of Directors since 2017... Mr. Denardo currently serves as Chairman, President and Chief Executive Officer of NBFS and has served as a director since 2001... The Executive Committee did not meet in 2023. Mr. Denardo (Chair)... Mr. Denardo did not receive any compensation above his regular employee compensation for service on the Board or any committee.
2025-03-31	Mr. Denardo was named President and Chief Executive Officer of the Company on September 1, 2017, named Chairman, President and Chief Executive Officer of the Company on May 15, 2019 and as of January 1, 2025 is Chairman and Chief Executive Officer.