Executive Officer Base Salary Schedule for C&F Financial Corporation (Effective January 1, 2016)
This document lists the annual base salaries for the executive officers of C&F Financial Corporation as of January 1, 2016. It specifies the names, positions, and corresponding salaries for five key executives, including the Chairman, President, and other senior officers. The agreement outlines the compensation terms but does not include additional benefits, bonuses, or employment conditions.
Exhibit 10.16
BASE SALARIES FOR EXECUTIVE OFFICERS
OF
C&F FINANCIAL CORPORATION
The following are the base salaries (on an annual basis) effective as of January 1, 2016 of the executive officers of C&F Financial Corporation:
| Larry G. Dillon |
| $ | 317,500 |
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| Chairman and Chief Executive Officer |
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| Thomas F. Cherry |
| $ | 290,000 |
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| President, Chief Financial Officer and Secretary |
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| Bryan E. McKernon |
| $ | 220,000 |
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| President and Chief Executive Officer of C&F Mortgage Corporation |
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| S. Dustin Crone |
| $ | 220,000 |
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| President of C&F Finance Company |
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| John A. Seaman, III |
| $ | 191,000 |
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| Senior Vice President and Chief Credit Officer of Citizens and Farmers Bank |
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