Litz Van Dyke is CEO of the Company and the Bank of Carter Bankshares, Inc. (CARE). The company reported total compensation of $1,355,859 for fiscal year 2025.
| Salary | $703,114 |
|---|---|
| Bonus | $122,648 |
| Stock awards | $300,030 |
| Option awards | $0 |
| Non-equity incentive plan | $183,300 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $46,767 |
| Total | $1,355,859 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Carter Bankshares, Inc. filed April 15, 2026, accession 0001829576-26-000027.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | CEO of the Company and the Bank | $703,114 | $122,648 | $300,030 | $0 | $183,300 | $0 | $46,767 | $1,355,859 |
| FY2024 | CEO of the Company and the Bank | $676,847 | $90,623 | $258,316 | — | $237,313 | — | $44,813 | $1,307,912 |
| FY2023 | CEO of the Company and the Bank | $644,618 | $96,863 | $0 | $0 | $0 | $0 | $43,149 | $784,630 |
| FY2022 | CEO of the Company and the Bank | $612,513 | $0 | $232,042 | $0 | $369,000 | $0 | $46,274 | $1,259,829 |
Totals as disclosed in each year's own compensation disclosure for Carter Bankshares, Inc..
| Peer-group chief executive median | $1,893,211 |
|---|---|
| Difference from that median | $-537,351 |
| Percentile within the disclosed peer group | 4th |
| Peers with a disclosed figure | 24 |
Medians and percentiles are computed across the peer group Carter Bankshares, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Litz Van Dyke this page | CEO of the Company and the Bank | $1,355,859 |
| Bradford Langs | President and Chief Strategy Officer of the Bank | $1,020,274 |
| Wendy Bell | CFO of the Company; Senior Executive Vice President and CFO of the Bank | $746,717 |
| Matthew Speare | Senior Executive Vice President and Chief Operations Officer of the Bank | $700,437 |
| Tony Kallsen | Senior Executive Vice President and Chief Credit Officer of the Bank | $608,247 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Carter Bankshares, Inc. compensation brief.
Litz Van Dyke's compensation sits inside Carter Bankshares, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.