Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2022-09-09 | Director Compensation Table Name: Mary Ann Donovan Fees Earned or Paid in Cash: $29,800 Stock Awards: $0 All Other Compensation: $1,000 Total: $30,800 Audit Committee consists of Dr. Longbrake (Chair), Ms. Donovan, Ms. Johns, and Mr. Driver. The Corporate Governance Committee consists of Ms. Johns (Chair), Mr. Davidson, Ms. Donovan, and Mr. Driver. |
| 2023-05-01 | The Audit Committee consists of Dr. Longbrake (Chair), Ms. Donovan, Mr. Driver, and Ms. Johns. The Corporate Governance Committee consists of Ms. Johns (Chair), Mr. Davidson, Ms. Donovan, and Mr. Driver. The following table summarizes the compensation paid to non-employee directors for the year ended December 31, 2022. Mary Ann Donovan: $50,000 fees earned or paid in cash, $12,000 stock awards, total $62,000. |
| 2024-06-06 | Mary Ann Donovan has served as President and Chief Executive Officer of Raza Development Fund, a Latino-led and focused Community Development Financial Institution, since August 1, 2022. Prior positions held by Ms. Donovan include Chief Operating Officer of Local Initiatives Support Corporation, Director of the United States Department of the Treasury’s Community Development Financial Institutions (“CDFI”) Fund, CEO of CoMetrics, Inc. (a social enterprise that provides affordable business intelligence tools to small businesses and nonprofit entities), Senior Policy Advisor to the White House from 2012-2013, working collaboratively with the Office of Social Innovation and the Council on Environmental Quality, and Chief Operating Officer of Capital Impact Partners, a certified CDFI. Ms. Donovan has been a thought leader and a board member of many of the highest performing organizations in the community development sector. Ms. Donovan has been a Senior Fellow at the Center for Community Investment. She has published papers and articles for the National Academy for Public Administration, the Federal Reserve Bank of San Francisco, the Federal Reserve Bank of Boston, Forbes, the Skoll World Forum on Social Entrepreneurship, and the Milken Review. Ms. Donovan has a B.A. degree in Economics from Allegheny College and an M.B.A. degree from the University of Maryland. Prior to the completion of the Merger, Ms. Donovan was a director of CFBanc, and was appointed to be a director of the Company upon completion of the Merger. Effective January 1, 2022, the non-employee directors of the Company are entitled to a quarterly fee of $12,500 ("Board Service Retainer"). In addition, outside directors who serve as Chair of one or more committees receive an additional quarterly fee of $1,500 ("Committee Chair Service Retainer"). Members of the Board do not receive separate compensation for their service on the board of directors of the Bank. The following table summarizes the compensation paid to non-employee directors for the year ended December 31, 2023. Mary Ann Donovan: Fees Earned or Paid in Cash $50,000, Stock Awards $12,000, Total $62,000. |
Data sourced from SEC filings. Last updated: 2026-02-03