Altria Group (MO)
The tobacco giant filed its proxy statement disclosing the compensation packages paid to its top executives in 2014. CEO Martin Barrington received total compensation for the year valued at $12.3 million, down from $20.1 million in 2013. The difference was largely due to an $8 million long-term incentive plan payment. His base salary last year was $1.24 million.
The company’s annual shareholders meeting will be held May 20 at 9 a.m. at the Greater Richmond Convention Center. Business will include election of directors and votes on two compensation plans, ratification of the selection of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm, three shareholder proposals and executive compensations. Proxy information is available here.
Brink’s (BCO)
The global security services company filed its annual report. Revenues last year totaled $3.56 million, a 6 percent decrease from 2013. GAAP-based earnings decreased $190.7 million and non-GAAP-based earnings decreased $58.3 million. The decreases were attributed to unfavorable changes in currency exchange rates. The full report can be viewed here.
The company also filed its proxy disclosing compensation packages paid to its top executives for last year. President and CEO Thomas C. Schievelbein received total compensation for 2014 valued at $4.28 million, down from $5.37 million the previous year. His base salary remained the same at $800,000, but stock awards and non-equity incentive plan compensation were less than in 2013.
Several top executives acquired additional shares of common stock at a value per share of $27.63. Schievelbein acquired 6,485 shares valued at nearly $179,200.
An annual shareholders meeting will be held May 8 at 10 a.m. at the downtown offices of Troutman Sanders. Business will include elections of directors and votes on executive compensations, approval of an accounting firm and a proposed amendment to articles of incorporation.
CarMax (KMX)
About two dozen top executives and directors cashed out stock options or acquired or disposed of shares of stock. President and CEO Thomas Folliard acquired 209,951 shares of common stock valued at $6.86 million and sold them at a value of $73.63 per share, producing a profit of $9.22 million. Folliard also acquired 57,120 of common stock and disposed of 27,247 of those shares at a value of $73.19 per share for a total value of $1.99 million.
Community Bankers Trust (BTC)
The parent company of Essex Bank filed its annual report for 2014. Interest and dividend income totaled $48.7 million, down from $50 million the previous year. Net income was $7.5 million, up from $5.9 million in 2013.
Nine directors were awarded 911 shares of common stock as part of a stock incentive plan. The award is for the retainer of each director’s service on the board and is based on the market value of common stock on Feb. 27.
First Capital Bancorp (FCVA)
The parent of First Capital Bank filed its proxy disclosing top executive compensations for 2014. CEO John Presley received a total compensation package valued at $502,303, down from $798,476 the year before. He was awarded a $317,000 bonus in 2013. His base salary remained the same at $325,000.
The company will hold its annual shareholders meeting May 20 at 4 p.m. at the Hilton Richmond Hotel & Spa/Short Pump.
Markel (MKL)
The Glen Allen-based insurer filed amended statements of shares awarded to nine executives as part of its 2012 equity incentive compensation plan. CEO Alan Kirshner acquired 1,522 shares of restricted common stock.
Altria Group (MO)
The tobacco giant filed its proxy statement disclosing the compensation packages paid to its top executives in 2014. CEO Martin Barrington received total compensation for the year valued at $12.3 million, down from $20.1 million in 2013. The difference was largely due to an $8 million long-term incentive plan payment. His base salary last year was $1.24 million.
The company’s annual shareholders meeting will be held May 20 at 9 a.m. at the Greater Richmond Convention Center. Business will include election of directors and votes on two compensation plans, ratification of the selection of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm, three shareholder proposals and executive compensations. Proxy information is available here.
Brink’s (BCO)
The global security services company filed its annual report. Revenues last year totaled $3.56 million, a 6 percent decrease from 2013. GAAP-based earnings decreased $190.7 million and non-GAAP-based earnings decreased $58.3 million. The decreases were attributed to unfavorable changes in currency exchange rates. The full report can be viewed here.
The company also filed its proxy disclosing compensation packages paid to its top executives for last year. President and CEO Thomas C. Schievelbein received total compensation for 2014 valued at $4.28 million, down from $5.37 million the previous year. His base salary remained the same at $800,000, but stock awards and non-equity incentive plan compensation were less than in 2013.
Several top executives acquired additional shares of common stock at a value per share of $27.63. Schievelbein acquired 6,485 shares valued at nearly $179,200.
An annual shareholders meeting will be held May 8 at 10 a.m. at the downtown offices of Troutman Sanders. Business will include elections of directors and votes on executive compensations, approval of an accounting firm and a proposed amendment to articles of incorporation.
CarMax (KMX)
About two dozen top executives and directors cashed out stock options or acquired or disposed of shares of stock. President and CEO Thomas Folliard acquired 209,951 shares of common stock valued at $6.86 million and sold them at a value of $73.63 per share, producing a profit of $9.22 million. Folliard also acquired 57,120 of common stock and disposed of 27,247 of those shares at a value of $73.19 per share for a total value of $1.99 million.
Community Bankers Trust (BTC)
The parent company of Essex Bank filed its annual report for 2014. Interest and dividend income totaled $48.7 million, down from $50 million the previous year. Net income was $7.5 million, up from $5.9 million in 2013.
Nine directors were awarded 911 shares of common stock as part of a stock incentive plan. The award is for the retainer of each director’s service on the board and is based on the market value of common stock on Feb. 27.
First Capital Bancorp (FCVA)
The parent of First Capital Bank filed its proxy disclosing top executive compensations for 2014. CEO John Presley received a total compensation package valued at $502,303, down from $798,476 the year before. He was awarded a $317,000 bonus in 2013. His base salary remained the same at $325,000.
The company will hold its annual shareholders meeting May 20 at 4 p.m. at the Hilton Richmond Hotel & Spa/Short Pump.
Markel (MKL)
The Glen Allen-based insurer filed amended statements of shares awarded to nine executives as part of its 2012 equity incentive compensation plan. CEO Alan Kirshner acquired 1,522 shares of restricted common stock.