Stephen W. Whatley
2022
In 2022, Stephen W. Whatley earned a total compensation of $1.9M as Chairman and Chief Executive Officer at Southern States Bancshares, a 83% increase compared to previous year.
Compensation breakdown
| Bonus | $132,500 |
|---|---|
| Non-Equity Incentive Plan | $294,630 |
| Option Awards | $75,000 |
| Salary | $517,500 |
| Stock Awards | $800,092 |
| Other | $36,228 |
| Total | $1,855,950 |
Whatley received $800.1K in stock awards, accounting for 43% of the total pay in 2022.
Whatley also received $132.5K in bonus, $294.6K in non-equity incentive plan, $75K in option awards, $517.5K in salary and $36.2K in other compensation.
Rankings
In 2022, Stephen W. Whatley's compensation ranked 1,880th out of 5,756 executives tracked by ExecPay. In other words, Whatley earned more than 67.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,880 out of 5,756 | 67th |
Division Finance, Insurance, And Real Estate | 108 out of 666 | 84th |
Major group Depository Institutions | 22 out of 360 | 94th |
Industry group Commercial Banks | 16 out of 222 | 93rd |
Industry State Commercial Banks | 10 out of 159 | 94th |
Source: SEC filing on March 22, 2023.
Whatley's colleagues
We found three more compensation records of executives who worked with Stephen W. Whatley at Southern States Bancshares in 2022.