Seacoast Banking Corp. of Florida CEO Dennis Hudson's 2018 pay stays at $1.5M

Seacoast Banking Corp. of Florida reports 2018 executive compensation

By ExecPay News

Published: April 5, 2019

Seacoast Banking Corp. of Florida reported fiscal year 2018 executive compensation information on April 5, 2019.

In 2018, five executives at Seacoast Banking Corp. of Florida received on average a compensation package of $921K, a 3% increase compared to previous year.

Average pay of disclosed executives at Seacoast Banking Corp. of Florida

Dennis S. Hudson, III, Chief Executive Officer, received $1.5M in total, which is about the same as previous year. 40% of Hudson's compensation, or $600K, was in salary. Hudson also received $306K in option awards, $569K in stock awards, as well as $34K in other compensation.

Charles M. Shaffer, Chief Financial Officer, received a compensation package of $934K, which increased by 1% compared to previous year. 51% of the compensation package, or $475K, was in stock awards.

Charles K. Cross, Jr, EVP, Commercial Banking of Bank, earned $798K in 2018, a 2% decrease compared to previous year.

Juliette P. Kleffel, EVP, Community Banking of Bank, received $700K in 2018, which increases by 14% compared to 2017.

David D. Houdeshell, EVP & Chief Risk Officer of Seacoast and Bank, earned $665K in 2018, a 8% increase compared to previous year.