Michael B. Hobbs
2020 - Independent Bank Group
In 2020, Michael B. Hobbs earned a total compensation of $1.9M as Executive Vice President and Chief Banking Officer at Independent Bank Group.
Compensation breakdown
| Non-Equity Incentive Plan | $286,230 |
|---|---|
| Salary | $415,942 |
| Stock Awards | $975,645 |
| Other | $214,154 |
| Total | $1,891,971 |
Hobbs received $975.6K in stock awards, accounting for 52% of the total pay in 2020.
Hobbs also received $286.2K in non-equity incentive plan, $415.9K in salary and $214.2K in other compensation.
Rankings
In 2020, Michael B. Hobbs' compensation ranked 5,764th out of 13,090 executives tracked by ExecPay. In other words, Hobbs earned more than 56.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,764 out of 13,090 | 56th |
Division Finance, Insurance, And Real Estate | 972 out of 2,550 | 62nd |
Major group Depository Institutions | 201 out of 1,117 | 82nd |
Industry group Commercial Banks | 177 out of 897 | 80th |
Industry State Commercial Banks | 92 out of 569 | 84th |
Source: SEC filing on April 27, 2021.
Hobbs' colleagues
We found four more compensation records of executives who worked with Michael B. Hobbs at Independent Bank Group in 2020.