Source: SOUTH FLORIDA BUSINESS JOURNAL

Community Bank of Broward: Community Bank of Broward CEO could get big payout after sale

Community Bank of Broward President and CEO Bruce M. Keir is in line to receive a $1.23 million payment upon the sale of his bank. The Weston-based bank signed a deal in August to be acquired by Pompano Beach-based Stonegate Bank (NASDAQ: SGBK) for $61.2 million. According to Stonegate Bank's proxy statement to shareholders to vote on the deal, Keir would receive a $980,000 change-in-control payment and a $250,000 payment for a one-year non-compete agreement that would start after if he leaves the…

Read full article »
Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Bruce M. Keir's photo - President & CEO of Community Bank of Broward

President & CEO

Bruce M. Keir

CEO Approval Rating

70/100

Read more