Stephen W. Whatley
2021
In 2021, Stephen W. Whatley earned a total compensation of $1M as Chairman and Chief Executive Officer at Southern States Bancshares, a 8% increase compared to previous year.
Compensation breakdown
| Bonus | $77,500 |
|---|---|
| Non-Equity Incentive Plan | $250,000 |
| Option Awards | $75,000 |
| Salary | $500,000 |
| Stock Awards | $75,000 |
| Other | $36,422 |
| Total | $1,013,922 |
Whatley received $500K in salary, accounting for 49% of the total pay in 2021.
Whatley also received $77.5K in bonus, $250K in non-equity incentive plan, $75K in option awards, $75K in stock awards and $36.4K in other compensation.
Rankings
In 2021, Stephen W. Whatley's compensation ranked 8,755th out of 12,415 executives tracked by ExecPay. In other words, Whatley earned more than 29.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,755 out of 12,415 | 30th |
Division Finance, Insurance, And Real Estate | 1,406 out of 2,276 | 38th |
Major group Depository Institutions | 412 out of 1,000 | 59th |
Industry group Commercial Banks | 354 out of 800 | 56th |
Industry State Commercial Banks | 188 out of 512 | 63rd |
Source: SEC filing on March 30, 2022.
Whatley's colleagues
We found two more compensation records of executives who worked with Stephen W. Whatley at Southern States Bancshares in 2021.