West Virginia Sustained Profit Growth Plan

State:
Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
Rich Text
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Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

If West Virginia hadn't seceded, that probably would have made it harder for the Union, delayed the inevitable, made the war more bloody. And more bloody in western Virginia, too?fewer boots on the ground and the balance between Union and Confederate troops more even.

The latest data shows that West Virginia economic growth is higher than the US overall. In the 1st quarter of 2023, the real GDP growth rate for West Virginia was 0.2% per year.

Resources and power West Virginia has an abundance and variety of natural resources, although bituminous coal is the most important.

The West Virginia Plan is a state-wide initiative created by a group of community- and policy-minded citizens, designed to improve the well-being of the region. Past initiatives have tried to improve the state through a narrow focus without accounting for how other parts of the state would be affected.

The top revenue industries for West Virginia in 2022 were: Hospitals ? $11.1 billion. Coal Mining ? $7.4 billion. Gas Stations with Convenience Stores ? $6.1 billion.

Economic performance is expected to remain extremely variable across West Virginia's counties. Consider the following: Nearly half of the state's counties are expected to lose jobs or record minimal job over the next five years. The highest rates of job growth tend to be in the northern counties.

West Virginia, 220 U.S. 1 (1911), Virginia admitted in its briefings the legality of the secession of West Virginia. A second constitutional question arises as to whether the Constitution permits states to be carved out of existing states, whether consent is given or not.

Located in the Appalachian region, West Virginia has some of the most rugged land in the country. The state's rolling mountains, hills and valleys earned it the nickname of the Mountain State, and it is well-known for its range of outdoor activities, including hiking, mountain biking, skiing and whitewater rafting.

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West Virginia Sustained Profit Growth Plan