Allegiance Bancshares CEO Steven Retzloff's 2021 pay rises 17% to $1.1M
Allegiance Bancshares reports 2021 executive compensation
By ExecPay News
Published: March 10, 2022
Allegiance Bancshares reported fiscal year 2021 executive compensation information on March 10, 2022.
In 2021, five executives at Allegiance Bancshares received on average a compensation package of $869K, a 18% increase compared to previous year.
Average pay of disclosed executives at Allegiance Bancshares
Steven F. Retzloff, Chief Executive Officer, received $1.1M in total, which increased by 17% compared to 2020. 50% of Retzloff's compensation, or $540K, was in salary. Retzloff also received $215K in non-equity incentive plan, $289K in stock awards, as well as $43K in other compensation.
Ramon A. Vitulli III, President, received a compensation package of $1M, which increased by 20% compared to previous year. 53% of the compensation package, or $540K, was in salary.
Paul P. Egge, Chief Financial Officer, earned $833K in 2021, a 19% increase compared to previous year.
Okan I. Akin, Executive Vice President and Chief Risk Officer, received $761K in 2021, which increases by 13% compared to 2020.
Shanna Kuzdzal, General Counsel, earned $645K in 2021, a 18% increase compared to previous year.
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Source: SEC filing on March 10, 2022.