Allegiance Bancshares CEO Steven Retzloff's 2020 pay jumps 42% to $927K

Allegiance Bancshares reports 2020 executive compensation

By ExecPay News

Published: March 10, 2021

Allegiance Bancshares reported fiscal year 2020 executive compensation information on March 10, 2021.
In 2020, five executives at Allegiance Bancshares received on average a compensation package of $740K, a 24% increase compared to previous year.
Average pay of disclosed executives at Allegiance Bancshares
Steven F. Retzloff, Chief Executive Officer, received $927K in total, which increased by 42% compared to 2019. 58% of Retzloff's compensation, or $540K, was in salary. Retzloff also received $159K in non-equity incentive plan, $200K in stock awards, as well as $28K in other compensation.
Ramon A. Vitulli III, President, received a compensation package of $851K, which increased by 31% compared to previous year. 63% of the compensation package, or $540K, was in salary.
Paul P. Egge, Chief Financial Officer, earned $698K in 2020, a 28% increase compared to previous year.
Okan I. Akin, Executive Vice President and Chief Risk Officer, received $676K in 2020, which increases by 10% compared to 2019.
Shanna Kuzdzal, General Counsel, earned $547K in 2020, a 16% increase compared to previous year.

Related executives

Steven Retzloff

Allegiance Bancshares

Chief Executive Officer

Ramon Vitulli

Allegiance Bancshares

President

Paul Egge

Allegiance Bancshares

Chief Financial Officer

Okan Akin

Allegiance Bancshares

Executive Vice President and Chief Risk Officer

Shanna Kuzdzal

Allegiance Bancshares

General Counsel

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Source: SEC filing on March 10, 2021.