Base Salaries for Named Executive Officers
EX-10.G 2 ex10g.htm EXECUTIVE OFFICERS COMPENSATION ex10g.htm
EXHIBIT 10(G)
Base Salaries for Named Executive Officers
On November 30, 2006, the Compensation Committee set the 2007 annual base salaries for the following 2007 named executive officers of FNB Corporation, effective January 1, 2007.
Effective May 1, 2007, the Compensation Committee increased the base salary of Greg W. Feldmann, Chief Operating Officer of the Corporation in connection with his appointment to serve in the additional role of President and Chief Executive Officer of the Corporation’s subsidiary, First National Bank.
Effective September 1, 2007, the Compensation Committee increased the base salary of William B. Littreal, who became Chief Financial Officer of the Corporation upon Mr. Daniel A. Becker’s retirement on March 30, 2007.
The current base salaries for the named executive officers follow:
| Name1 | Title | 2007 | |||
| William P. Heath, Jr. | President and Chief Executive Officer | $ | 286,650 | ||
| Gregory W. Feldmann | Chief Operating Officer and President and Chief Executive Officer of First National Bank | $ | 203,208 | ||
| William B. Littreal | Executive Vice President and Chief Financial Officer | $ | 161,000 | ||
| David W. DeHart | Market President (New River Valley) and Director of Commercial Banking | $ | 149,760 | ||
| Keith J. Houghton | Executive Vice President and Chief Risk Officer | $ | 154,668 | ||
1 Mr. Daniel A. Becker retired on March 30, 2007.
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