Trustmark CEO Duane Dewey's 2021 pay jumps 50% to $2.5M
Trustmark reports 2021 executive compensation
By ExecPay News
Published: March 14, 2022
Trustmark reported fiscal year 2021 executive compensation information on March 14, 2022.
In 2021, six Trustmark executives received on average a compensation package of $1.4M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Trustmark
Duane A. Dewey, Chief Executive Officer, received $2.5M in total, which increased by 50% compared to 2020. 37% of Dewey's compensation, or $909K, was in stock awards. Dewey also received $770K in non-equity incentive plan, $700K in salary, as well as $94K in other compensation.
For fiscal year 2021, the median employee pay was $53,652 at Trustmark. Therefore, the ratio of Duane A. Dewey's pay to the median employee pay was 46 to one.
Gerard R. Host, Chairman, received a compensation package of $2.4M, which decreased by 35% compared to previous year. 39% of the compensation package, or $915K, was in stock awards.
Granville Tate, Jr, Chief Administrative Officer, earned $1.2M in 2021.
Thomas C. Owens, Chief Financial Officer, received $954K in 2021.
Robert B. Harvey, Executive Vice President and Chief Credit Officer, Trustmark National Bank, earned $913K in 2021, a 23% decrease compared to previous year.
Louis E. Greer, Chief Financial Officer, received $332K in 2021, which decreases by 68% compared to 2020.
Related executives
Duane Dewey
Trustmark
Chief Executive Officer
Thomas Owens
Trustmark
Chief Financial Officer
Gerard Host
Trustmark
Chairman
Robert Harvey
Trustmark
Executive Vice President and Chief Credit Officer, Trustmark National Bank
Granville Tate
Trustmark
Chief Administrative Officer
Louis Greer
Trustmark
Chief Financial Officer
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Source: SEC filing on March 14, 2022.