Carter Bankshares

Carter Bankshares

CARE· Finance· Fiscal year ends in December

CEO pay in FY2025Stock +11.8% in FY2025

Litz H. Van Dyke is the CEO of Carter Bankshares and was paid $1.4M in FY2025 (Dec), up 4%.

Pay$100 in the stock at the end of FY21 → $163
CEO pay is from each Carter Bankshares proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Litz H. Van DykeFY2025
  2. 2Bradford N. LangsFY2025
  3. 3Wendy S. BellFY2025
  4. 4Matthew M. SpeareFY2025
  5. 5Tony E. KallsenFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Carter Bankshares paid its 5 named executives $4.4M in total in FY2025 (Dec). CEO Bradford N. Langs was paid $1.0M of that.

Name
Litz H. Van DykeCEO of the Company and the Bank
Bradford N. LangsPresident and Chief Strategy Officer of the Bank
Wendy S. BellCFO of the Company; Senior Executive Vice President and CFO of the Bank
Matthew M. Speare
Tony E. KallsenSenior Executive Vice President and Chief Credit Officer of the Bank

of each named executive, from the Summary Compensation Table of each proxy.

Peers

No disclosed peer group

No proxy on file names a pay peer group for Carter Bankshares. The peer group comes from the proxy statement, so it shows here when a proxy read has it.

Board11

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  • James W. HaskinsChair · 43 yr on the boardNot independentExecutive & Governance (Chair)—Paid as an executive
  • Gregory W. FeldmannLead independent director · 8 yr on the boardIndependentEnterprise Risk Management, Executive & Governance, Interest Rate Risk (Chair), Nominating and Compensation (Chair)—Paid as an executive
  • Catharine L. MidkiffDirector · 7 yr on the boardIndependentAudit, Credit Risk (Chair), Enterprise Risk Management, Executive & Governance—Paid as an executive
  • Elizabeth L. WalshDirector · 5 yr on the boardIndependentAudit, Enterprise Risk Management—Paid as an executive
  • Curtis E. StephensDirector · 3 yr on the boardIndependentCredit Risk, Enterprise Risk Management, Nominating and Compensation—Paid as an executive
  • Jacob A. Lutz, IIIDirector · 3 yr on the boardIndependentEnterprise Risk Management (Chair), Executive & Governance, Nominating and Compensation—Paid as an executive

The board of the latest proxy (FY2025).

Activity

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Filings6

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Proxy statementDEF 14AApr 15, 2026FY2025
Annual report10-KMar 5, 2026FY2025
Proxy statementDEF 14AApr 25, 2025FY2024
Annual report10-KMar 7, 2025FY2024
Proxy statementDEF 14AApr 26, 2024FY2023
Annual report10-KMar 8, 2024FY2023