Joe A. Shearin

2019

In 2019, Joe A. Shearin earned a total compensation of $1.3M as Former President and Chief Executive Officer at Southern National Bancorp of Virginia, a 20% increase compared to previous year.

Compensation breakdown

Bonus$200,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$364,655
Salary$546,875
Stock Awards$141,500
Other$66,408
Total$1,319,438

Shearin received $546.9K in salary, accounting for 41% of the total pay in 2019.

Shearin also received $200K in bonus, $364.7K of change in pension value and nonqualified deferred compensation earnings, $141.5K in stock awards and $66.4K in other compensation.

Rankings

In 2019, Joe A. Shearin's compensation ranked 7,958th out of 13,971 executives tracked by ExecPay. In other words, Shearin earned more than 43.0% of executives.

ClassificationRankingPercentile
All
7,958
out of 13,971
43rd
Division
Finance, Insurance, And Real Estate
1,483
out of 2,901
49th
Major group
Depository Institutions
359
out of 1,223
71st
Industry group
Commercial Banks
306
out of 1,011
70th
Industry
State Commercial Banks
145
out of 627
77th

Pay ratio

Joe A. Shearin's Pay$1,319,438
Median Employee's Pay$42,142
Pay Ratio

31

to 1

In 2019, the annual total compensation of Joe A. Shearin was $1,319,438.

The annual total compensation of the median employee at Southern National Bancorp of Virginia was $42,142.

The ratio of Joe A. Shearin's pay to the pay of median employee was therefore 31 to one.

Source: SEC filing on April 14, 2020.

Shearin's colleagues

We found five more compensation records of executives who worked with Joe A. Shearin at Southern National Bancorp of Virginia in 2019.

2019

Georgia Derrico

Southern National Bancorp of Virginia

Chairman

2019

R Porter

Southern National Bancorp of Virginia

Chairman

2019

Jeffrey Culver

Southern National Bancorp of Virginia

Former President

2019

G Sheflett

Southern National Bancorp of Virginia

Chief Operating Officer

2019

Jeffrey Karafa

Southern National Bancorp of Virginia

Chief Financial Officer

News

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