Southern First Bancshares CEO R Seaver's 2020 pay jumps 32% to $1.3M
Southern First Bancshares reports 2020 executive compensation
By ExecPay News
Published: 4 minutes ago
Southern First Bancshares reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, five executives at Southern First Bancshares received on average a compensation package of $621K, a 19% decrease compared to previous year.
Average pay of disclosed executives at Southern First Bancshares
R. Arthur Seaver, Jr, Chief Executive Officer, received $1.3M in total, which increased by 32% compared to 2019. 40% of Seaver's compensation, or $495K, was in salary. Seaver also received $155K in bonus, $342K of change in pension value and nonqualified deferred compensation earnings, $105K in option awards, $107K in stock awards, as well as $49K in other compensation.
Michael D. Dowling, Chief Financial Officer, received a compensation package of $880K, which increased by 33% compared to previous year. 39% of the compensation package, or $340K, was in salary.
Calvin C. Hurst, Chief Banking Officer, earned $503K in 2020.
Silvia T. King, Chief Human Resource Officer, received $296K in 2020.
F. Justin Strickland, President, earned $174K in 2020, a 75% decrease compared to previous year.
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Source: SEC filing on April 12, 2021.