Seeking efficiency in executive compensation benchmarking?

Unlock Efficiency in Executive Compensation Benchmarking with CompAnalyst Executive

CompAnalyst Executive

The charts on this page feature a breakdown of the total annual pay for the top executives at SOUTHSIDE BANCSHARES INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. SOUTHSIDE BANCSHARES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. SOUTHSIDE BANCSHARES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Lee R. Gibson CPA
President, Chief Executive Officer and Director of the Company and Southside Bank
Total Cash $1,252,955 Equity $271,144 Other $25,497 Total Compensation $1,549,596
Brian K. McCabe
Chief Operations Officer of the Company and Southside Bank and advisory director of Southside Bank
Total Cash $503,136 Equity $86,986 Other $23,934 Total Compensation $614,056
Tim Alexander
Chief Lending Officer of the Company and Southside Bank and advisory director of Southside Bank
Total Cash $777,936 Equity $134,486 Other $94,321 Total Compensation $1,006,743
Julie N. Shamburger CPA
Chief Financial Officer of the Company and Southside Bank and advisory director of Southside Bank
Total Cash $673,897 Equity $120,128 Other $26,497 Total Compensation $820,522
T. L. Arnold Jr.
Chief Credit Officer of the Company and Southside Bank and advisory director of Southside Bank
Total Cash $480,811 Equity $83,730 Other $18,169 Total Compensation $582,710
For its 2022 fiscal year, SOUTHSIDE BANCSHARES INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Lee R. Gibson CPA CEO Pay $1,549,596 Median Employee Pay $47,234 CEO Pay Ratio 33:1
For its 2022 fiscal year, SOUTHSIDE BANCSHARES INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alton L. Frailey Total Cash $101,000
Donald W. Thedford Total Cash $124,500
George H. (Trey) Henderson, III Total Cash $101,000
H. J. Shands, III Total Cash $144,596
Herbert C. Buie Total Cash $101,000
John F. Sammons, Jr. Total Cash $101,000
John R. (Bob) Garrett Total Cash $149,500
Lawrence Anderson, M.D. Total Cash $101,000
Melvin B. Lovelady, CPA Total Cash $101,000
Michael J. Bosworth Total Cash $101,000
Patricia A. Callan Total Cash $112,822
Preston L. Smith Total Cash $105,548
S. Elaine Anderson, CPA Total Cash $112,370
Shannon Dacus Total Cash $101,000
Tony K. Morgan, CPA Total Cash $124,500
William Sheehy Total Cash $101,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.