Schedule of Base Salaries for Named Executive Officers of Alliance Bankshares Corporation (Effective March 7, 2011)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries for the named executive officers of Alliance Bankshares Corporation as of March 7, 2011. It identifies the officers by name and title, and specifies their respective salaries. The schedule also notes that salary information is not provided for two former employees and that one executive is expected to become a named officer in the upcoming proxy statement. The document serves as a disclosure of executive compensation for regulatory and shareholder information purposes.

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EX-10.7 2 w81667exv10w7.htm EX-10.7 exv10w7
Exhibit 10.7: Base Salaries of Named Executive Officers
     Effective March 7, 2011, 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
        
 
        
Paul M. Harbolick, Jr.
   $ 200,340  
Executive Vice President & Chief Financial Officer
        
 
        
George F. Cave**
   $ 200,000  
Executive Vice President
        
 
        
Craig W. Sacknoff
   $ 181,600  
Executive Vice President
        
 
        
John B. McKenney, III
   $ 146,076  
Senior Vice President & Chief Credit Officer
        
 
*   Salary information is not presented for Thomas A. Young, Jr. or Frank H. Grace, III, because they are no longer employees.
 
**   George F. Cave is expected to become a named executive officer with the 2011 Proxy Statement.