People: United Bankshares Inc (UBSI.O)
UBSI.O on Nasdaq
26.55USD
17 May 2013
26.55USD
17 May 2013
Price Change (% chg)
$0.07 (+0.26%)
$0.07 (+0.26%)
Prev Close
$26.48
$26.48
Open
$26.70
$26.70
Day's High
$26.71
$26.71
Day's Low
$26.40
$26.40
Volume
227,925
227,925
Avg. Vol
220,159
220,159
52-wk High
$27.24
$27.24
52-wk Low
$22.54
$22.54
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Richard Adams |
66 | Chairman of the Board and Chief Executive Officer of the Company and United Bank, WV | |
Steven Wilson |
64 | 1999 | Chief Financial Officer, Executive Vice President, Treasurer, Secretary of the Company and United Bank, WV |
Richard Adams |
44 | Executive Vice President; President of United Bank, WV | |
James Consagra |
52 | Executive Vice President; President & Chief Executive Officer of United Bank, VA | |
James Hayhurst |
66 | 1986 | Executive Vice President of the Company and of United Bank, WV |
Craige Smith |
61 | 2010 | Executive Vice President; Chief Operating Officer of United Bank (VA) |
W. Mark Tatterson |
37 | 2011 | Executive Vice President; Senior Vice-President of United Bank (WV) |
P. Clinton Winter |
65 | 2011 | Lead Independent Director |
Lawrence Doll |
63 | 2004 | Director |
Douglas Leech |
58 | 2011 | Director |
Robert Astorg |
69 | 1991 | Independent Director |
W. Gaston Caperton |
73 | 1997 | Independent Director |
Theodore Georgelas |
66 | 1990 | Independent Director |
F. Graff |
74 | 1984 | Independent Director |
John McMahon |
72 | 1998 | Independent Director |
J. Paul McNamara |
64 | 2003 | Independent Director |
Mark Nesselroad |
56 | 2011 | Independent Director |
William Pitt |
68 | 1987 | Independent Director |
Donald Unger |
71 | 2007 | Independent Director |
Mary Weddle |
63 | 2004 | Independent Director |
Gary White |
63 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Richard Adams |
Mr. Richard M. Adams is Chairman of the Board & Chief Executive Officer of United Bankshares Inc., and United Bank, WV., a subsidiary of the company. Mr. Adams served as the Chief Executive Officer of The Parkersburg National Bank (PNB), the predecessor to United, from 1975 to 1984, and as the Chairman of the Board of PNB from 1976 to 1984. Mr. Adams has been a director of United since 1984. |
Steven Wilson |
Mr. Steven E. Wilson is Chief Financial Officer, Executive Vice President, Treasurer, Secretary of United Bankshares Inc and United Bank, WV a subsidiary of United. He is Executive Vice-President since 1986, Chief Financial Officer, & Treasurer since 1989 - United; Secretary since 1999 -United. |
Richard Adams |
Mr. Richard M. Adams, Jr., is Executive Vice-President of United Bankshares Inc., since 2000 and President of United Bank (WV)., a subsidiary of the company. He serves as Executive Vice-President – United Bank (WV); Senior Vice-President – United Bank (WV); President – United Brokerage Services, Inc. |
James Consagra |
Mr. James J. Consagra, Jr., is Executive Vice-President of United Bankshares Inc., since 1999, President & Chief Executive Officer of United Bank (VA)., a subsidiary of the company. He serves as Executive Vice-President & Chief Financial Officer – United Bank (VA). |
James Hayhurst |
Mr. James B. Hayhurst, Jr., is Executive Vice-President of United Bankshares Inc., since 1986 and Executive Vice-President – United Bank (WV)., a subsidiary of the company. |
Craige Smith |
Mr. Craige L. Smith is Executive Vice President of United Bankshares, Inc., and Chief Operating Officer of United Bank (VA)., a subsidiary of the company. He was Executive Vice-President – United Bank (VA). |
W. Mark Tatterson |
Mr. W. Mark Tatterson is Executive Vice President of United Bankshares, Inc., since November 3, 2011., Senior Vice-President of United Bank (WV)., a subsidiary of the company. He serves as Vice-President – United Bank (WV). |
P. Clinton Winter |
Mr. P. Clinton Winter, Jr., is Lead Independent Director of United Bankshares Inc. He is the President of Bray & Oakley Insurance Agency, Inc. Mr. Winter has been a director of the Company since 1996. Mr. Winter has spent over 35 years working in the insurance and financial services industry. Mr. Winter’s experience as President of Bray & Oakley Insurance Agency, as well as a past chairperson of an audit committee of an acquired banking company, has provided him with financial experience. Mr. Winter also served on the executive committee and was the chairperson of the compensation committee for this acquired banking company. |
Lawrence Doll |
Mr. Lawrence K. Doll is Director of United Bankshares Inc. He is the President of The Lawrence Doll Company and Lawrence Doll Homes LLC. Mr. Doll is also the Chairman of United Bank (VA). Mr. Doll has been a director of the Company since 2004. |
Douglas Leech |
Mr. Douglas J. Leech CPA., is Director of United Bankshares, Inc., since July 08, 2011. He is the former Founder, President, CEO and Chairman of the Board of Directors for Centra Financial Holdings, Inc. and Centra Bank, Inc. Mr. Leech is also a Certified Public Accountant (CPA) with an inactive status. Mr. Leech has been a director of the Company since 2011. |
Robert Astorg |
Mr. Robert G. Astorg is Independent Director of United Bankshares Inc. He is a Certified Public Accountant (CPA) and Managing Member of Astorg & Koreski, PLLC. Mr. Astorg has been a director of the Company since 1991. Mr. Astorg’s career has been mainly in the accounting and tax services business. Through his business career, Mr. Astorg has developed relationships with a multitude of business types and sizes. In his current position as a managing principal of Astorg & Koreski, Mr. Astorg leads an accounting and tax firm comprised of 18 people which bills approximately $2 million per year. Mr. Astorg has a great deal of knowledge about strategic planning, human resources, as well as financial services. As a Certified Public Accountant, Mr. Astorg is able to analyze and understand the financial aspects of business. Mr. Astorg has over 40 years of experience on audit committees of banking companies. |
W. Gaston Caperton |
Mr. W. Gaston Caperton, III, is Independent Director of United Bankshares Inc. He is the former President of The College Board, a director of Owens Corning and Prudential Financial, Inc., and Chairman of the Caperton Group. Mr. Caperton is the former Governor of the State of West Virginia. Mr. Caperton has been a director of the Company since 1997. Mr. Caperton served for 14 years as the President of The College Board (a non-profit membership association of over 5,900 schools, colleges and universities). Mr. Caperton served as the Governor of the State of West Virginia from 1988 to 1996. For almost 25 years, Mr. Caperton was an entrepreneur and the CEO and owner of the tenth privately owned insurance brokerage firm in the United States. He also has owned a bank and mortgage banking company. For 2 years, Mr. Caperton taught at Harvard University as a fellow at the John F. Kennedy Institute of Politics. Mr. Caperton also taught at Columbia University, where he served as Director of the Institute on Education and Government at Teachers College. As a former president of a non-profit association, a former state Governor and a former owner of an insurance brokerage firm, Mr. Caperton has gained a great deal of knowledge about administration, insurance, government, public policy, marketing and sales. |
Theodore Georgelas |
Mr. Theodore J. Georgelas is Independent Director of United Bankshares Inc. He is the Managing Director of the Georgelas Group, LLC. Mr. Georgelas is a current director and a former Chairman of the Board of United Bank (VA). Mr. Georgelas is also a former Chairman of the Board of Sector Communications. Mr. Georgelas has been a director of the Company since 1990. |
F. Graff |
Mr. F. T. Graff, Jr., is Independent Director of United Bankshares Inc. He is an Attorney and Senior Partner of Bowles Rice LLP. Mr. Graff has been a director of the Company since 1984. |
John McMahon |
Mr. John M. McMahon is Independent Director of United Bankshares Inc. He is the Chairman of the Board of Miller & Long Co., Inc. Mr. McMahon is a director of United Bank (VA). Mr. McMahon has been a director of the Company since 1998. Mr. McMahon has been with Miller & Long, a concrete construction company, for 49 years. Mr. McMahon has held several senior management positions in his career with Miller & Long, including his current position as Chairman of the Board. |
J. Paul McNamara |
Mr. J. Paul McNamara is Independent Director of United Bankshares Inc. He is the Chairman of Potomac Capital Advisors and the former President and Chief Operating Officer of Sequoia Bancshares, Inc. Mr. McNamara is a current director and former Vice Chairman of United Bank (VA). Mr. McNamara has been a director of the Company since 2003. Currently, Mr. McNamara is the Chairman of Potomac Capital Advisors, a privately held real estate investment company which advises two real estate partnerships. Mr. McNamara has spent over 30 years in the banking industry. Mr. McNamara was the President and Chief Operating Officer of Sequoia Bancshares for 15 years. Prior to Sequoia, Mr. McNamara worked for Manufacturers Hanover Trust Company for three years and the National Bank of Washington for 12 years where he held several senior management positions. |
Mark Nesselroad |
Mr. Mark R. Nesselroad is Independent Director of United Bankshares, Inc., since July 08, 2011. He is the Chief Executive Officer of Glenmark Holding Limited Liability Company, a real estate development company. Mr. Nesselroad has been a director of the Company since 2011. Prior to serving on United’s Board, Mr. Nesselroad served on Centra Financial Holdings, Inc.’s Board of Directors from 2003 to July of 2011. He was a member of Centra’s audit committee, executive committee, compensation committee and finance committee. Mr. Nesselroad is a real estate developer in one of United’s key markets. Mr. Nesselroad formerly served on the Board of Directors of the West Virginia Housing Development Fund and he currently serves on the Board of Directors of the West Virginia United Health System and Mylan Park Foundation, Inc. |
William Pitt |
Mr. William C. Pitt, III., is Independent Director of United Banshares Inc. He is the former President and Chief Executive Officer of CSX Hotels (former parent company of The Greenbrier Hotel and RockResorts). Mr. Pitt has been a director of the Company since 1987. Mr. Pitt began his career in the resort industry in 1965. Mr. Pitt was responsible for the expansion of the RockResorts brand internationally through acquisitions and internal development while maintaining The Greenbrier’s position as a five-star resort. |
Donald Unger |
Mr. Donald L. Unger is Independent Director of United Bankshares Inc. He is the former President and Chief Executive Officer of the Shenandoah Valley region of United Bank (VA). Mr. Unger is also the former President and Chief Executive Officer of Premier Community Bankshares, Inc. and the former Chairman, President and Chief Executive Officer of Marathon Bank. Mr. Unger has been a director of the Company since 2007. Mr. Unger has spent over 40 years in the banking industry. Mr. Unger was the President and Chief Executive Officer of Premier Community Bankshares for 15 years. Mr. Unger has been the Chief Executive Officer of several banks during his career. Mr. Unger has a broad range of banking experience including strategic planning, budgeting, business development, credit administration, corporate governance, and mergers and acquisitions. |
Mary Weddle |
Ms. Mary K. Weddle is Independent Director of United Bankshares Inc. She is a Certified Public Accountant (CPA) and a Senior Vice President of Long & Foster Real Estate, Inc. Ms. Weddle is a director of United Bank (VA). Ms. Weddle has been a director of the Company since 2004. |
Gary White |
Mr. Gary G. White is Independent Director of United Bankshares, Inc. He is the President and Chief Operating Officer of International Resource Partners LP and the former President and Chief Executive Officer of International Industries, Inc. Mr. White is also the former President and Chief Executive Officer of the West Virginia Coal Association. Mr. White has been a director of the Company since 2008. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Richard Adams |
2,409,260 |
Steven Wilson |
789,824 |
Richard Adams |
890,633 |
James Consagra |
919,007 |
James Hayhurst |
870,331 |
Craige Smith |
-- |
W. Mark Tatterson |
-- |
P. Clinton Winter |
-- |
Lawrence Doll |
-- |
Douglas Leech |
-- |
Robert Astorg |
-- |
W. Gaston Caperton |
-- |
Theodore Georgelas |
-- |
F. Graff |
-- |
John McMahon |
-- |
J. Paul McNamara |
-- |
Mark Nesselroad |
-- |
William Pitt |
-- |
Donald Unger |
-- |
Mary Weddle |
-- |
Gary White |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Richard Adams |
351,928 | 2,757,680 |
Steven Wilson |
172,706 | 1,286,970 |
Richard Adams |
355 | 2,674 |
James Consagra |
104,500 | 896,538 |
James Hayhurst |
115,400 | 892,841 |
Craige Smith |
0 | 0 |
W. Mark Tatterson |
0 | 0 |
P. Clinton Winter |
0 | 0 |
Lawrence Doll |
0 | 0 |
Douglas Leech |
0 | 0 |
Robert Astorg |
0 | 0 |
W. Gaston Caperton |
0 | 0 |
Theodore Georgelas |
0 | 0 |
F. Graff |
0 | 0 |
John McMahon |
0 | 0 |
J. Paul McNamara |
0 | 0 |
Mark Nesselroad |
0 | 0 |
William Pitt |
0 | 0 |
Donald Unger |
0 | 0 |
Mary Weddle |
0 | 0 |
Gary White |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
TATTERSON WILLIAM MARK |
2,300 | $0.00 |
WILSON JOE L |
2,300 | $0.00 |
CONSAGRA JAMES J JR |
3,100 | $0.00 |
ADAMS RICHARD M SR |
9,300 | $0.00 |
SMITH CRAIGE L |
2,300 | $0.00 |
ADAMS RICHARD M JR |
3,100 | $0.00 |
HAYHURST JAMES B JR |
2,300 | $0.00 |
WILSON STEVEN E |
2,300 | $0.00 |
LEECH DOUGLAS J |
47 | $25.94 |
LEECH DOUGLAS J |
100 | $25.94 |
UNGER DONALD L |
1,200 | $25.32 |
UNGER DONALD L |
8,500 | $24.96 |
UNGER DONALD L |
2,800 | $24.89 |
UNGER DONALD L |
8,000 | $25.06 |
ADAMS RICHARD M JR |
2,100 | $24.52 |
WILSON JOE L |
458 | $24.00 |
WILSON JOE L |
458 | $24.00 |
WINTER PAUL CLINTON JR |
1,000 | $23.40 |
NESSELROAD MARK R |
18,160 | $29.82 |
NESSELROAD MARK R |
41,068 | $29.82 |
WILSON JOE L |
997 | $29.89 |
ASTORG ROBERT G |
4,200 | $29.38 |
LEECH DOUGLAS J |
12,150 | $28.97 |
CONSAGRA JAMES J JR |
3,100 | $0.00 |
ADAMS RICHARD M JR |
3,100 | $0.00 |

