SOUTH PLAINS FINANCIAL President Cory Newsom's 2022 pay jumps 24% to $1.9M
SOUTH PLAINS FINANCIAL reports 2022 executive compensation
By ExecPay News
Published: April 5, 2023
SOUTH PLAINS FINANCIAL reported fiscal year 2022 executive compensation information on April 5, 2023.
In 2022, three executives at SOUTH PLAINS FINANCIAL received on average a compensation package of $1.3M, a 20% increase compared to previous year.
Average pay of disclosed executives at SOUTH PLAINS FINANCIAL
Cory T. Newsom, President, received $1.9M in total, which increased by 24% compared to 2021. 33% of Newsom's compensation, or $630K, was in salary. Newsom also received $158K in bonus, $473K in non-equity incentive plan, $221K in option awards, $250K in stock awards, as well as $168K in other compensation.
Curtis C. Griffith, Chief Executive Officer, received a compensation package of $1.2M, which increased by 13% compared to previous year. 34% of the compensation package, or $400K, was in salary.
Steven B. Crockett, Chief Financial Officer, earned $757K in 2022, a 20% increase compared to previous year.
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Source: SEC filing on April 5, 2023.