Carolina Trust BancShares CEO Jerry Ocheltree's 2018 pay rises 6% to $467K
Carolina Trust BancShares reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
Carolina Trust BancShares reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, three executives at Carolina Trust BancShares received on average a compensation package of $326K, a 9% increase compared to previous year.
Average pay of disclosed executives at Carolina Trust BancShares
Jerry L. Ocheltree, Chief Executive Officer, received $467K in total, which increased by 6% compared to 2017. 61% of Ocheltree's compensation, or $285K, was in salary. Ocheltree also received $1.7K of change in pension value and nonqualified deferred compensation earnings, $124K in non-equity incentive plan, as well as $57K in other compensation.
Richard M. Rager, EVP and CCO, received a compensation package of $261K, which increased by 6% compared to previous year. 67% of the compensation package, or $174K, was in salary.
Edwin E. Laws, Chief Financial Officer, earned $252K in 2018, a 20% increase compared to previous year.
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Source: SEC filing on April 11, 2019.