Bank of South Carolina Chairman Hugh Lane's 2020 pay rises 4% to $351K
Bank of South Carolina reports 2020 executive compensation
By ExecPay News
Published: March 5, 2021
Bank of South Carolina reported fiscal year 2020 executive compensation information on March 5, 2021.
In 2020, three executives at Bank of South Carolina received on average a compensation package of $320K, a 4% increase compared to previous year.
Hugh C. Lane, Jr, Chairman, received $351K in total, which increased by 4% compared to 2019. 87% of Lane's compensation, or $305K, was in salary. Lane also received $20K in bonus and $25K in other compensation.
Fleetwood S. Hassell, Chief Executive Officer, received a compensation package of $347K, which increased by 4% compared to previous year. 87% of the compensation package, or $301K, was in salary.
Douglas H. Sass, Senior Lender/Executive Vice President, earned $262K in 2020, a 4% increase compared to previous year.