Cory T. Newsom
2023
In 2023, Cory T. Newsom earned a total compensation of $1.9M as President at SOUTH PLAINS FINANCIAL, a 2% decrease compared to previous year.
Compensation breakdown
| Bonus | $157,500 |
|---|---|
| Non-Equity Incentive Plan | $472,500 |
| Option Awards | $220,500 |
| Salary | $630,000 |
| Stock Awards | $250,000 |
| Other | $126,536 |
| Total | $1,857,036 |
Newsom received $630K in salary, accounting for 34% of the total pay in 2023.
Newsom also received $157.5K in bonus, $472.5K in non-equity incentive plan, $220.5K in option awards, $250K in stock awards and $126.5K in other compensation.
Rankings
In 2023, Cory T. Newsom's compensation ranked 588th out of 3,006 executives tracked by ExecPay. In other words, Newsom earned more than 80.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 588 out of 3,006 | 80th |
Division Finance, Insurance, And Real Estate | 46 out of 429 | 89th |
Major group Depository Institutions | 12 out of 256 | 95th |
Industry group Commercial Banks | 7 out of 150 | 95th |
Industry State Commercial Banks | 7 out of 120 | 94th |
Source: SEC filing on April 8, 2024.
Newsom's colleagues
We found two more compensation records of executives who worked with Cory T. Newsom at SOUTH PLAINS FINANCIAL in 2023.