SOUTH PLAINS FINANCIAL President Cory Newsom's 2021 pay rises 7% to $1.5M
SOUTH PLAINS FINANCIAL reports 2021 executive compensation
By ExecPay News
Published: April 5, 2022
SOUTH PLAINS FINANCIAL reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, three executives at SOUTH PLAINS FINANCIAL received on average a compensation package of $1.1M, a 7% increase compared to previous year.
Average pay of disclosed executives at SOUTH PLAINS FINANCIAL
Cory T. Newsom, President, received $1.5M in total, which increased by 7% compared to 2020. 41% of Newsom's compensation, or $630K, was in salary. Newsom also received $473K in non-equity incentive plan, $221K in option awards, as well as $206K in other compensation.
Curtis C. Griffith, Chief Executive Officer, received a compensation package of $1M, which increased by 13% compared to previous year. 38% of the compensation package, or $400K, was in salary.
Steven B. Crockett, Chief Financial Officer, earned $629K in 2021, which is about the same as previous year.
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Source: SEC filing on April 5, 2022.