2005 Base Salary Schedule for Named Executive Officers of Virginia Financial Group, Inc.
This document lists the annual base salaries effective January 1, 2005, for the named executive officers of Virginia Financial Group, Inc. It specifies the positions and corresponding salaries for each executive, including the Chairman and CEO, Executive Vice Presidents, Presidents and CEOs of subsidiary banks, and a consultant. The schedule serves as a record of compensation for these key individuals for the year 2005.
EXHIBIT 10.13
BASE SALARIES FOR NAMED EXECUTIVE OFFICERS OF
VIRGINIA FINANCIAL GROUP, INC.
The following are the base salaries (on an annual basis) in effect as of January 1, 2005 of the current named executive officers of Virginia Financial Group, Inc.
O. R. Barham, Jr. Chairman and Chief Executive Officer | $ | 319,000 | |
Jeffrey W. Farrar Executive Vice President and Chief Financial Officer | $ | 173,000 | |
Litz Van Dyke Executive Vice President and Chief Operating Officer | $ | 185,000 | |
James T. Huerth (Employed January 3, 2005) President and Chief Executive Officer of Planters Bank & Trust Company of Virginia | $ | 185,000 | |
William D. Stegall Consultant Virginia Financial Group, Inc. | $ | 178,000 | |
Christopher J. Honenberger President and Chief Executive Officer of Second Bank & Trust | $ | 165,800 |