Charles M. Shaffer

2021

In 2021, Charles M. Shaffer earned a total compensation of $2.8M as Chairman and Chief Executive Officer at Seacoast Banking Corp. of Florida, a 93% increase compared to previous year.

Compensation breakdown

Bonus$640,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$33,757
Salary$600,000
Stock Awards$1,449,990
Other$47,694
Total$2,771,441

Shaffer received $1.4M in stock awards, accounting for 52% of the total pay in 2021.

Shaffer also received $640K in bonus, $33.8K of change in pension value and nonqualified deferred compensation earnings, $600K in salary and $47.7K in other compensation.

Rankings

In 2021, Charles M. Shaffer's compensation ranked 4,745th out of 12,405 executives tracked by ExecPay. In other words, Shaffer earned more than 61.7% of executives.

ClassificationRankingPercentile
All
4,745
out of 12,405
62nd
Division
Finance, Insurance, And Real Estate
711
out of 2,278
69th
Major group
Depository Institutions
130
out of 1,000
87th
Industry group
Commercial Banks
116
out of 800
86th
Industry
State Commercial Banks
54
out of 512
90th

Pay ratio

Charles M. Shaffer's Pay$2,771,441
Median Employee's Pay$61,816
Pay Ratio

45

to 1

In 2021, the annual total compensation of Charles M. Shaffer was $2,771,441.

The annual total compensation of the median employee at Seacoast Banking Corp. of Florida was $61,816.

The ratio of Charles M. Shaffer's pay to the pay of median employee was therefore 45 to one.

Source: SEC filing on April 11, 2022.

Shaffer's colleagues

We found four more compensation records of executives who worked with Charles M. Shaffer at Seacoast Banking Corp. of Florida in 2021.

2021

Dennis Hudson

Seacoast Banking Corp. of Florida

Chairman

2021

Tracey Dexter

Seacoast Banking Corp. of Florida

Chief Financial Officer

2021

Juliette Kleffel

Seacoast Banking Corp. of Florida

EVP, Chief Banking Officer

2021

Joseph Forlenza

Seacoast Banking Corp. of Florida

EVP, Chief Risk Officer

News

You may also like