Third Coast Bancshares CEO Bart Caraway's 2023 pay rises 4% to $1.6M
Third Coast Bancshares reports 2023 executive compensation
By ExecPay News
Published: April 25, 2024
Third Coast Bancshares reported fiscal year 2023 executive compensation information on April 25, 2024.
In 2023, three executives at Third Coast Bancshares received on average a compensation package of $1.2M, a 19% increase compared to previous year.
Average pay of disclosed executives at Third Coast Bancshares
Bart O. Caraway, Chief Executive Officer, received $1.6M in total, which increased by 4% compared to 2022. 37% of Caraway's compensation, or $590K, was in salary. Caraway also received $550K in bonus, $275K in stock awards, as well as $169K in other compensation.
William Bill Bobbora, Executive Vice President and Chief Banking Officer, received a compensation package of $1.1M. 46% of the compensation package, or $500K, was in salary.
R. John McWhorter, Chief Financial Officer, earned $845K in 2023, a 8% increase compared to previous year.
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Source: SEC filing on April 25, 2024.