Base Salary Schedule for Named Executive Officers of C&F Financial Corporation (2008)

Summary

This document lists the annual base salaries effective January 1, 2008, for key executive officers of C&F Financial Corporation, including the Chairman and CEO, Executive Vice President and CFO, and the President and CEO of C&F Mortgage Corporation. It also notes the resignation of the Executive Vice President and COO, effective February 29, 2008. The agreement outlines compensation amounts but does not specify additional terms or conditions.

EX-10.16 11 dex1016.htm BASE SALARIES FOR NAMED EXECUTIVE OFFICERS OF C&F FINANCIAL CORPORATION Base Salaries for Named Executive Officers of C&F Financial Corporation

EXHIBIT 10.16

BASE SALARIES FOR NAMED EXECUTIVE OFFICERS

OF

C&F FINANCIAL CORPORATION

The following are the base salaries (on an annual basis) in effect as of January 1, 2008 of the named executive officers* of C&F Financial Corporation:

 

Larry G. Dillon
Chairman and Chief Executive Officer

   $ 243,000

Thomas F. Cherry
Executive Vice President and Chief Financial Officer

   $ 180,000

Bryan E. McKernon
President and Chief Executive Officer of C&F Mortgage Corporation

   $ 195,000

 

 

 
Robert L. Bryant, Executive Vice President and Chief Operating Officer resigned, effective February 29, 2008.