United States

People: Union Bankshares Inc (UNB.OQ)

UNB.OQ on NASDAQ Stock Exchange Global Market

22 Feb 2019
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Gibbons, Kenneth 

Mr. Kenneth D. Gibbons is Chairman of the Board of Union Bankshares Inc. He has served as Chairman of the Board since the 2011 annual meeting and served as President of both the Company and Union from 1991 until April 1, 2011 and as CEO of the Company and Union until his retirement at the 2012 annual meeting. Ken's banking career began in 1965 in Massachusetts and he has worked in all areas of banking during the intervening years. In 1975, he moved to Vermont and joined Union in 1984 as Vice President of Commercial Lending. Ken has served on many committees of the VBA and is a past VBA Chair. He has also been actively involved with the American Bankers Association and is a former member of the board of directors of the Independent Community Bankers of America (ICBA). Ken has been very active in numerous civic organizations and currently serves on the board of the Vermont Educational and Health Buildings Finance Agency, the Lamoille Region Chamber of Commerce, and Sterling College, and on the finance committee of Copley Hospital.

Basic Compensation

Total Annual Compensation, USD 163,125
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD --
All Other, USD 27,721
Fiscal Year Total, USD 190,846

Options Compensation

  Quantity Market Value
Exercisable 7,000 21,390.00
Unexercisable 2,000 --
Exercised 3,000 25,590.00