/PRNewswire/ WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Select Bancorp, Inc..
Constellation, Etsy rise; First Bancorp, Take-Two fall
June 2, 2021
FacebookTwitterEmail
Etsy Inc., up $11.68 to $175.14.
The online crafts marketplace is buying the shopping app Depop for just under $1.63 billion.
Constellation Pharmaceuticals Inc., up $13.33 to $33.57.
The biopharmaceutical company is being bought by MorphoSys in a $1.7 billion deal.
NortonLifeLock Inc., up 60 cents to $28.49.
The security software maker launched Norton Crypto, which is designed to help people more securely mine cryptocurrency.
Visa Inc., up $3.03 to $229.66.
The global payments processor gave investors an encouraging update on payment volumes.
First Bancorp, down $2.42 to $42.99.
The bank is buying Select Bancorp for $314.4 million in an all-stock deal.
Ally Financial Inc., down 49 cents to $55.66.
/PRNewswire/ First Bancorp (Nasdaq: FBNC), the parent company of First Bank, and Select Bancorp, Inc. ("Select") (Nasdaq: SLCT), the parent company of.
The Winston-Salem Journal does a review each year of CEO compensation for 29 corporations based in the Triad or that have significant operations and workforces here.
For fiscal 2020, the chief executives of 15 corporations received at least $100 in compensation for every $1 paid to their median employee. Median is defined as the middle value in a list of numbers.
Median employee compensation factors in regular pay, overtime, bonuses, incentives, allowances and paid time off.
During the early stages of the pandemic, there was speculation among financial analysts that the CEO pay ratio gap might shrink during 2020.
Several corporations temporarily reduced executive management compensation by between 10% and 50%, along with requiring rank-and-file employees to be furloughed for several weeks or receive lower pay for reduced hours.
Swan elected to bank board of directors May 9, 2021 on News
BAR HARBOR Kimberly Swan of Bar Harbor has been elected to serve as a director for The First Bancorp Inc. and its banking subsidiary, First National Bank. Swan has been appointed to the company’s Governance Committee and the bank’s Directors Loan Committee and Trust Committee.
“On behalf of the Board of Directors and the management team, I welcome Ms. Swan,” said Tony C. McKim, president and CEO of First Bancorp Inc. and First National Bank. “We look forward to adding Kim’s expertise, insight and perspective to the boards of The First Bancorp and First National Bank.”