Third Coast Bancshares CEO Bart Caraway's 2022 pay slips 1% to $1.5M
Third Coast Bancshares reports 2022 executive compensation
By ExecPay News
Published: April 20, 2023
Third Coast Bancshares reported fiscal year 2022 executive compensation information on April 20, 2023.
In 2022, three executives at Third Coast Bancshares received on average a compensation package of $988K, a 9% increase compared to previous year.
Average pay of disclosed executives at Third Coast Bancshares
Bart O. Caraway, Chief Executive Officer, received $1.5M in total, which decreased by 1% compared to 2021. 38% of Caraway's compensation, or $575K, was in bonus. Caraway also received $548K in salary, $247K in stock awards, as well as $158K in other compensation.
R. John McWhorter, Chief Financial Officer, received a compensation package of $784K, which increased by 1% compared to previous year. 47% of the compensation package, or $369K, was in salary.
Audrey A. Duncan, Senior Executive Vice President and Chief Credit Officer, earned $652K in 2022, a 4% increase compared to previous year.
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Source: SEC filing on April 20, 2023.