C & F Financial (CFFI) executive compensation, 2026 proxy

Thomas F. Cherry, President/Chief Executive Officer, was paid $1.5M in 2025, up 13% from $1.3M the year before. The CEO-to-median-employee pay ratio was 19:1, on median employee pay of $75,632.

Filed
March 11, 2026
Annual meeting
April 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.5M+13% vs prior year
CEO to median employee
19:1median $75,632
CEO pay in equity
20%$296,804 in awards
CEO Incentive Pay Percentage
52%Of total direct compensation
Consolidated Net Income
$27.0MFor fiscal 2025
Return on Average Equity
11.11%For fiscal 2025

How Cherry was paid

$1.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary41%Stock awards20%Non-equity incentive21%Pension and deferred comp6%All other compensation12%

Named executive officers

ExecutiveTotal
Thomas F. CherryPresident/Chief Executive Officer$1,471,984
Jason E. LongExecutive Vice President/Chief Financial Officer/Secretary$723,301
S. Dustin CronePresident/Chief Executive Officer of C&F Finance Company$581,407
John A. Seaman, IIIExecutive Vice President/Chief Credit Officer of C&F Bank$535,038
Mark A. FoxPresident/Chief Executive Officer of C&F Mortgage Company$573,036

What changed and why

  • $1.5MThomas F. Cherry received total compensation of $1,471,984 in 2025, an increase from $1,297,343 in 2024.
  • Fifty-two percent of the chief executive officer's total direct compensation was incentive compensation.
  • The ratio of the chief executive officer's annual total compensation to the median employee's compensation was 19:1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.