Sunday, June 5, 2011

First Mariner Bancorp executives get pay bumps - Baltimore Business Journal:

dudorovanaapyh.blogspot.com
Mark A. Keidel, president and chief operatint officer, had his salary boosterd to $235,000, up from Robert P. Warr, chief risk officer and executiveevice president, had his salary increased to $175,000, up from In addition to increasing the salaries of Keideol and Warr, the compensation committee of First Mariner’s board of directors also confirmed Chierf Financial Officer Paul B. Susie’s salar y of $150,000. Susie will also receive a monthlu vehicle allowanceof $500, the filinvg said. Last month, Baltimore-based First Mariner (NASDAQ: FMAR) promotecd Keidel, who had been chief financial officer, to chiecf operating officer. He succeeded Joseph A.
Cicero, who is retirinvg but will stay on as a consultantg until the end ofthe year. First Mariner also appointed Susiw to replace Keidel as chief financiall officer and named Warr to the newly createed position of chiefrisk officer.

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