Sunday, November 3, 2019

Jackson, Mississippi-Based Bank Trustmark Corp's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Very Clean, Reasonable 6.2% Per Year During the Most Recent Ten Years

In my study here of large Mississippi Companies I first covered the large Non-Bank Companies and now I am covering Banking Companies.  I am doing this research by largest stock market capitalization and thus the seventh Mississippi Company I am addressing here is Bank Trustmark Corp.

From annual compensation information contained in Company Proxy Statement filings with the US Securities and Exchange Commission, the table below shows Trustmark Corp's Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.
   
Trustmark Corp's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a very clean, reasonable 6.2% per year during the most recent ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Trustmark Corp 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Host CEO       2,423       2,591       2,591       2,171       2,171       2,055       2,055       3,266       3,266       2,235
Greer CFO          841          946          946          823          823          770          770       1,095       1,095          742
Dewey President Corporate Banking          796          805          805          720          720          687          687       1,001       1,001          677
Stevens President Retail Banking          777          820          820          738          738          721          721          998          998          708
Tyler President Mortgage Services          783          929          929          932          932          849          849       1,097       1,097          863
 Totals        5,620       6,091       6,091       5,384       5,384       5,082       5,082       7,457       7,457       5,225
Annual % Change vs Prior Year -7.7% 13.1% 5.9% -31.8% 42.7%
5 Year Average Per Year % Change 4.4%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Trustmark Corp 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Host CEO       2,235       2,551       2,551       3,506       3,442       1,660       1,660       1,205       1,205       1,054
Greer CFO          742          889          889          828          810          636          636          637          637          518
Dewey President Corporate Banking          677          855          855          918          899          785          785          741          741          618
Stevens President Retail Banking          708          807          807          840    
Tyler President Mortgage Services          863          829          829          852          832          795          795          740          739          647
Hickson Chairman and CEO       1,624       2,996       2,996       2,229
 Totals        5,225       5,931       5,931       6,944       5,983       3,876       5,500       6,319       6,318       5,066
Annual % Change vs Prior Year -11.9% -14.6% 54.4% -13.0% 24.7%
5 Year Average Per Year % Change 7.9%
10 Year Average Per Year % Change 6.2%