ServisFirst Bancshares CEO Thomas Broughton's 2020 pay jumps 30% to $1.6M

ServisFirst Bancshares reports 2020 executive compensation

By ExecPay News

Published: March 10, 2021

ServisFirst Bancshares reported fiscal year 2020 executive compensation information on March 10, 2021.
In 2020, five executives at ServisFirst Bancshares received on average a compensation package of $716K, a 23% increase compared to previous year.
Average pay of disclosed executives at ServisFirst Bancshares
Thomas A. Broughton III, Chief Executive Officer, received $1.6M in total, which increased by 30% compared to 2019. 60% of Broughton's compensation, or $938K, was in bonus. Broughton also received $525K in salary, $20K in stock awards, as well as $78K in other compensation.
Rodney E. Rushing, EVP and Executive for Correspondent Banking, received a compensation package of $582K, which increased by 18% compared to previous year. 56% of the compensation package, or $327K, was in salary.
Clarence C. Pouncey III, Chief Operating Officer, earned $566K in 2020, a 12% increase compared to previous year.
William M. Foshee, Chief Financial Officer, received $537K in 2020, which increases by 18% compared to 2019.
Henry F. Abbott, SVP and Chief Credit Officer, earned $334K in 2020, a 27% increase compared to previous year.

Related executives

Thomas Broughton

ServisFirst Bancshares

Chief Executive Officer

Clarence Pouncey

ServisFirst Bancshares

Chief Operating Officer

William Foshee

ServisFirst Bancshares

Chief Financial Officer

Rodney Rushing

ServisFirst Bancshares

EVP and Executive for Correspondent Banking

Henry Abbott

ServisFirst Bancshares

SVP and Chief Credit Officer

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Source: SEC filing on March 10, 2021.