HBT Financial CEO Fred Drake's 2021 pay slips 2% to $1.2M
HBT Financial reports 2021 executive compensation
By ExecPay News
Published: April 5, 2022
HBT Financial reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, three executives at HBT Financial received on average a compensation package of $1M, which is about the same as previous year.
Average pay of disclosed executives at HBT Financial
Fred L. Drake, Chief Executive Officer, received $1.2M in total, which decreased by 2% compared to 2020. 50% of Drake's compensation, or $576K, was in salary. Drake also received $344K in non-equity incentive plan, $231K in stock awards, as well as $8.8K in other compensation.
Patrick F. Busch, Executive Vice President, Chief Lending Officer and Director, received a compensation package of $941K, which increased by 7% compared to previous year. 46% of the compensation package, or $433K, was in salary.
J. Lance Carter, Chief Operating Officer, earned $926K in 2021, a 3% decrease compared to previous year.
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Source: SEC filing on April 5, 2022.