Schedule of Base Salaries for Executive Officers of Old Point Financial Corporation (as of April 1, 2017)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries for the executive officers of Old Point Financial Corporation as of April 1, 2017. It names each executive, their position, and their corresponding salary. The agreement serves as a record of compensation for key company leaders, including the Chairman, President, Chief Executive Officer, and other senior officers. There are no additional terms, conditions, or obligations specified beyond the disclosure of salary amounts.

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EX-10.6 3 ex-10-6.htm EXHIBIT 10.6, BASE SALARIES OF EXECUTIVE OFFICERS OF THE REGISTRANT  
EXHIBIT 10.6

Base Salaries of Executive Officers of the Registrant

As of April 1, 2017, the following are the base salaries (on an annual basis) of the executive officers of Old Point Financial Corporation:

Robert F. Shuford, Sr.
  
$
300,000
  
Chairman, President & Chief Executive Officer
Old Point Financial Corporation
        
         
Robert F. Shuford, Jr.
  
$
330,000
  
Executive Vice President/Bank
Old Point Financial Corporation
        
         
Joseph R. Witt
  
$
297,030
  
Chief Business Development Officer & Senior Vice President
Old Point Financial Corporation
        
         
Laurie D. Grabow
  
$
208,080
  
Chief Financial Officer & Senior Vice President/Finance
Old Point Financial Corporation
        
         
Eugene M. Jordan, II
  
$
190,000
  
Secretary to the Board & Executive Vice President/Trust
Old Point Financial Corporation
        
         
Donald S. Buckless (52)
  
$
187,200
  
Chief Lending Officer & Senior Vice President
Old Point Financial Corporation