Alissa Curry Briggs
About Alissa Curry Briggs
Alissa M. Curry Briggs is Executive Vice President and Chief Lending Officer (CLO) of FVCBankcorp, Inc. and FVCbank; she is 50 years old and joined FVCbank in 2013 as a Regional Lending Executive before becoming Executive Director of Commercial Real Estate, with prior lending roles at Cardinal Bank, SunTrust Bank, and PNC Bank spanning C&I, government/not-for-profit, and commercial real estate banking . Education credentials are not disclosed in the proxy; tenure at FVCB dates to 2013 per her internal career progression . Company performance context during her executive tenure: net income rebounded to $15.1M in 2024 from $3.8M in 2023, while two-year TSR ended 2024 at 89.94 versus a $100 baseline at 12/30/2022 .
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Net Income ($000s) | $24,984 | $3,822 | $15,064 |
| TSR (Value of $100 Investment) | $108.29 | $100.80 | $89.94 |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| FVCbank | Regional Lending Executive; later Executive Director, Commercial Real Estate; now CLO | 2013–present | Lending leadership across CRE; expanded remit to company-wide lending as CLO |
| Cardinal Bank | Lending functions (C&I, government/not-for-profit, CRE) | — | Multi-segment lending expertise |
| SunTrust Bank | Lending functions (C&I, government/not-for-profit, CRE) | — | Multi-segment lending expertise |
| PNC Bank | Lending functions (C&I, government/not-for-profit, CRE) | — | Multi-segment lending expertise |
External Roles
No external directorships or outside board roles for Ms. Curry Briggs are disclosed in the proxy .
Fixed Compensation
- FVCB’s executive compensation framework uses base salary, discretionary annual cash bonuses, equity-based instruments (restricted stock units), and perquisites, with determinations made by the Compensation Committee based on scope, experience, total pay mix, and individual contributions; specific base salary or bonus amounts for Ms. Curry Briggs are not disclosed because she is not a named executive officer in the Summary Compensation Table .
- Equity awards are made under the Amended and Restated 2008 Stock Plan; the company historically grants equity after year end upon Compensation Committee review, and based on 2023 performance and the operating environment, no officer equity awards were granted in 2024 .
Performance Compensation
- Annual cash bonuses are discretionary and contingent upon performance of the executive and the Company, generally requiring minimum thresholds in net income, asset growth, and credit quality; granular targets/weightings are not disclosed for individual executives including Ms. Curry Briggs .
- RSU vesting schedules for executive awards in 2021, 2022, and 2023 are in four substantially equal annual installments, beginning on the first anniversary of the grant date, conditional on continued employment through vesting; this defines a cadence of potential share delivery and related selling windows for recipients, though specific awards to Ms. Curry Briggs are not disclosed .
Equity Ownership & Alignment
- Ms. Curry Briggs’ individual beneficial ownership is not separately disclosed in the beneficial ownership table, which lists directors and named executive officers; ownership percent and breakdowns (vested vs unvested) for Ms. Curry Briggs are therefore unavailable from the proxy .
- FVCB’s insider trading policy prohibits directors and executive officers from hedging, short selling, trading on margin, and pledging company stock—ring-fencing alignment and limiting leverage-related selling risks .
- Section 16(a) compliance review indicates no late filings among executive officers other than one late Form 4 for director Mr. Wills; no issues are reported for Ms. Curry Briggs .
Employment Terms
- The proxy discloses detailed employment and change-in-control terms for CEO David Pijor and President Patricia Ferrick, including severance and non-compete durations; no specific employment agreement, severance, or change-in-control provisions are disclosed for Ms. Curry Briggs .
- The 2008 Stock Plan authorizes incentive/non-incentive stock options, restricted stock, and RSUs to officers and directors, administered by the Compensation Committee .
Investment Implications
- Pay-for-performance alignment: Bonus metrics hinge on net income, asset growth, and credit quality—areas directly influenced by lending discipline—implying directional alignment for the CLO role; however, absent disclosure of Ms. Curry Briggs’ personal targets/weightings and payouts, the precision of alignment cannot be verified .
- Vesting and selling pressure: Company RSU schedules vest annually over four years; coupled with prohibitions on hedging, margin, and pledging, structural selling pressure is tempered, but award detail for Ms. Curry Briggs is not disclosed, limiting insight into her specific vesting overhang .
- Retention risk: Without disclosed employment, severance, or change-in-control economics for Ms. Curry Briggs, visibility into her contractual retention levers is limited; compensation decisions for executive officers are centralized in the Compensation Committee and supported by an independent consultant (Blanchard Consulting Group) .
- Trading signals: Section 16 compliance and policy prohibitions reduce risk of undisclosed hedging or levered positions; the proxy does not provide Form 4 activity for Ms. Curry Briggs, constraining event-driven signals .
- Governance and pay program oversight: Independent Compensation Committee and an insider trading policy with strict prohibitions support shareholder-aligned guardrails; say-on-pay is presented for shareholder vote with board support, but historical approval percentages are not disclosed in this proxy .