William D. Cable, Sr. appointed President & CEO of Peoples Bancorp of North Carolina effective Sept 19, 2024

PEOPLES BANCORP OF NORTH CAROLINA INC

Base salary set at $365,000; annual incentive at Board discretion.
SERP benefit for Cable increased to $130,000/year for 13 years, then $23,500/year for life.
SERP benefit for CFO Jeffrey Hooper increased to $75,000/year for 13 years.
Employment agreement has initial 36-month term with automatic extensions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.