Base Salary Schedule for Named Executive Officers of Alliance Bankshares Corporation (Effective March 1, 2012)
This document lists the annual base salaries for the named executive officers of Alliance Bankshares Corporation as of March 1, 2012. The officers and their respective salaries are William E. Doyle, Jr. ($299,500), Jean S. Houpert ($185,000), George F. Cave ($220,000), and Craig W. Sacknoff ($181,600). The information is provided for disclosure purposes and outlines compensation for key executives, with a note that Jean S. Houpert is expected to become a named executive officer in the 2012 Proxy Statement.
EXHIBIT 10.7: Base Salaries of Named Executive Officers
Effective March 1, 2012, the following are the base salaries (on an annual basis) of the named executive officers* (as defined in Item 402(a)(3) of Regulation S-K) of Alliance Bankshares Corporation.
William E. Doyle, Jr. | $ | 299,500 | ||
President & Chief Executive Officer | ||||
Jean S. Houpert** | $ | 185,000 | ||
Executive Vice President & Chief Financial Officer | ||||
George F. Cave | $ | 220,000 | ||
Executive Vice President | ||||
Craig W. Sacknoff | $ | 181,600 | ||
Executive Vice President |
* | Salary information is not presented for Paul M. Harbolick, Jr. because he is no longer an employee. |
** | Jean S. Houpert is expected to become a named executive officer with the 2012 Proxy Statement. |
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