People: First Federal of Northern Michigan Bancorp Inc (FFNM.O)

FFNM.O on Consolidated Issue listed on NASDAQ Capital Market

26 May 2015
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Thomson, Martin 

Mr. Martin A. Thomson is an Independent Chairman of the Board of the First Federal of Northern Michigan Bancorp, Inc. He was Chief Executive Officer until his retirement from that position in May 2008. From 2001 until 2006, he was also President. Upon his retirement as Chief Executive Officer, Mr. Thomson was appointed Chairman of the Board. Mr. Thomson previously held the position of President and Chief Executive Officer of Presque Isle Electric and Gas Cooperative, Inc., Onaway, Michigan.

Basic Compensation

Total Annual Compensation, USD 72,372
Restricted Stock Awards, USD 17,060
Long-Term Incentive Plans, USD --
All Other, USD 36,517
Fiscal Year Total, USD 125,949

Options Compensation

  Quantity Market Value
Exercisable 1,109 1,453.00
Unexercisable 739 968.00
Exercised 11,155 46,010.00
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