Leadership & Pay ·
BayFirst Financial Corp. sets $350K and $325K base salaries for COO and CFO in revised employment agreements
BAFNBayFirst Financial Corp.
BayFirst Financial Corp. entered into revised employment agreements on September 24, 2026, with Executive Vice President and COO Robin L. Oliver and Executive Vice President and CFO Scott J. McKim. The agreements establish initial terms expiring August 1, 2029, with automatic one-year extensions thereafter unless non-renewal is notified. Ms. Oliver’s minimum annual salary is set at $350,000, while Mr. McKim’s is $325,000. Both executives are eligible for employee benefits, stock grants, and performance-based cash incentives. The contracts include two-year post-termination non-solicitation obligations regarding customers and employees. Additionally, both officers are entitled to a severance payment equal to 200% of their current base salary plus average cash bonus from the preceding two years upon certain termination events, including a change in control. BayFirst Financial Corp. operates as a bank holding company providing financial services through its subsidiary, BayFirst National Bank.