MICHAEL G. LIVINGSTON - Corporate Board Profile

GLEN BURNIE BANCORP

Filing Date	Source Excerpt
2005-04-11	Michael Livingston was a Senior Vice President from January 1998 until August 2004 and had been Chief Lending Officer of the Bank from 1996 until August 2004. He served as Deputy Chief Operating Officer from February 14, 2003 through December 31, 2003 and was appointed the Chief Operating Officer effective January 1, 2004. Mr. Livingston became Executive Vice President and Deputy Chief Executive Officer in August 2004 and became a Director on January 1, 2005.
2006-04-11	Michael G. Livingston was appointed Deputy Chief Executive Officer and Executive Vice President in August 2004 and became a Director on January 1, 2005. Mr. Livingston was a Senior Vice President from January 1998 until August 2004 and had been Chief Lending Officer of the Bank from 1996 until August 2004. He served as Deputy Chief Operating Officer from February 14, 2003 through December 31, 2003 and was appointed the Chief Operating Officer effective January 1, 2004. The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, and Karen Thorwarth. The following table sets forth information regarding the cash and noncash compensation awarded to or earned during the past three fiscal years by the Company’s Chief Executive Officer and by each executive officer whose salary and bonus earned in fiscal year 2005 exceeded $100,000 for services rendered in all capacities to the Company and its subsidiaries. Michael Livingston 2005 Salary $127,692 Bonus $20,000 Other Annual Compensation $31,646.
2008-04-04	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors ... Michael G. Livingston. ... Summary Compensation Table ... Michael Livingston 2007 Salary $167,000, Bonus $0, All Other Compensation $33,917, Total $220,917.
2009-04-14	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. Prior to that date, he was Deputy Chief Executive Officer and Executive Vice President since August 2004 and became a Director on January 1, 2005. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, Norman Harrison, and Karen Thorwarth. ... The following table summarizes the compensation paid to directors other than those included in the Summary Compensation Table below, for the fiscal year ended December 31, 2008: ... Michael G. Livingston $247,727 total. ... The individual who served as the Company’s Chief Executive Officer during 2008 as well as up to two of the Company’s most highly compensated executive officers whose total compensation during 2008 exceeded $100,000 are referred to as the “named executive officers”. The following table sets forth information regarding the total compensation paid or earned by the named executive officers for the fiscal year ended December 31, 2008: ... Michael Livingston 2008 Total $247,727.
2010-04-16	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. Prior to that date, he was Deputy Chief Executive Officer and Executive Vice President since August 2004 and became a Director on January 1, 2005. The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, Norman Harrison, and Karen Thorwarth. The Summary Compensation Table sets forth information regarding the total compensation paid or earned by the named executive officers for the fiscal years ended December 31, 2009 and 2008. Michael Livingston total compensation for 2009 was $266,403.
2011-04-15	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. He is a director and serves on the Employee Compensation and Benefits Committee. Total compensation for 2010: $293,169.
2012-04-09	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. ... Mr. Livingston is well qualified to serve as a member of the Company’s Board due to his more than 15 years experience as a member of the Bank’s senior management and detailed knowledge of the Company’s operations and banking industry. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors ... Michael G. Livingston ... This Committee met four times during 2011. ... The following table sets forth information regarding the total compensation paid or earned by the named executive officers for the fiscal years ended December 31, 2011 and 2010: ... Michael Livingston 2011 Total $306,059.
2013-04-09	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, Norman E. Harrison, Jr., and Karen Thorwarth.
2014-04-11	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. ... Mr. Livingston is well qualified to serve as a member of the Company’s Board due to his more than 15 years experience as a member of the Bank’s senior management and detailed knowledge of the Company’s operations and banking industry. ... Mr. Livingston’s salary includes $12,000 in directors’ fees. ... Mr. Livingston’s total compensation for 2013 was $362,048.
2015-04-16	Michael G. Livingston became President and Chief Executive Officer on January 1, 2008. Prior to that date, he was Deputy Chief Executive Officer and Executive Vice President since August 2004 and became a Director on January 1, 2005. Mr. Livingston is well qualified to serve as a member of the Company’s Board due to his more than 15 years experience as a member of the Bank’s senior management and detailed knowledge of the Company’s operations and banking industry. Director’s Fees. Mr. Livingston receives no fees for committee meetings. Summary Compensation Table shows total compensation for 2014 as $373,013.