William E. Doyle, Jr.*/** Interim President & Chief Executive Officer $291,500 * Thomas A. Young, Jr.*** $291,500President & Chief Executive Officer Paul M. Harbolick, Jr. $190,800Executive Vice President & Chief Financial Officer Frank H. Grace, III $195,517Executive Vice President Craig W. Sacknoff $172,963Executive Vice President John B. McKenney, III $139,120Senior Vice President & Chief Credit Officer

EX-10.7 3 w78073exv10w7.htm EX-10.7 exv10w7
Exhibit 10.7: Base Salaries of Named Executive Officers
     Effective January 2, 2010, the following are the base salaries (on an annual basis) of the executive officers of Alliance Bankshares Corporation.
     
William E. Doyle, Jr.*/**
     Interim President & Chief Executive Officer
   $291,500 *
 
    
Thomas A. Young, Jr.***
   $291,500
President & Chief Executive Officer
    
 
    
Paul M. Harbolick, Jr.
   $190,800
Executive Vice President & Chief Financial Officer
    
 
    
Frank H. Grace, III
   $195,517
Executive Vice President
    
 
    
Craig W. Sacknoff
   $172,963
Executive Vice President
    
 
    
John B. McKenney, III
   $139,120
Senior Vice President & Chief Credit Officer
    
 
*   Mr. Doyle joined the organization on January 28, 2010; amount shown above is based on a 90 day contract with extensions.
 
**   Mr. Doyle Became President & Chief Executive officer on May 4, 2010.
 
***   Mr. Young left the organization on January 29, 2010.