Simmons First National CEO George Makris' 2019 pay rises 8% to $5M
Simmons First National reports 2019 executive compensation
By ExecPay News
Published: March 17, 2020
Simmons First National reported fiscal year 2019 executive compensation information on March 17, 2020.
In 2019, five executives at Simmons First National received on average a compensation package of $2.3M, a 52% increase compared to previous year.
Average pay of disclosed executives at Simmons First National
George A. Makris, Jr, Chief Executive Officer, received $5M in total, which increased by 8% compared to 2018. 45% of Makris' compensation, or $2.3M, was in stock awards. Makris also received $38K in bonus, $518K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $789K in salary, as well as $147K in other compensation.
For fiscal year 2019, the median employee pay was $50,463 at Simmons First National. Therefore, the ratio of George A. Makris, Jr's pay to the median employee pay was 98 to one.
Robert A. Fehlman, Chief Financial Officer, received a compensation package of $2.2M, which increased by 61% compared to previous year. 41% of the compensation package, or $909K, was in stock awards.
Marty D. Casteel, Senior Executive Vice President, earned $2M in 2019, a 52% increase compared to previous year.
Patrick A. Burrow, General Counsel, received $1.1M in 2019, which increases by 67% compared to 2018.
Stephen C. Massanelli, Chief Administrative Officer, earned $1.1M in 2019, a 58% increase compared to previous year.
Related executives
George Makris
Simmons First National
Chief Executive Officer
Robert Fehlman
Simmons First National
Chief Operating Officer
Marty Casteel
Simmons First National
Senior Executive Vice President
Patrick Burrow
Simmons First National
General Counsel
Stephen Massanelli
Simmons First National
Chief Administrative Officer
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Source: SEC filing on March 17, 2020.