Southern Missouri Bancorp CEO Greg Steffens' 2022 pay rises 9% to $652K
Southern Missouri Bancorp reports 2022 executive compensation
By ExecPay News
Published: September 26, 2022
Southern Missouri Bancorp reported fiscal year 2022 executive compensation information on September 26, 2022.
In 2022, five executives at Southern Missouri Bancorp received on average a compensation package of $441K, a 10% increase compared to previous year.
Average pay of disclosed executives at Southern Missouri Bancorp
Greg A. Steffens, Chief Executive Officer, received $652K in total, which increased by 9% compared to 2021. 68% of Steffens' compensation, or $440K, was in salary. Steffens also received $64K in bonus, $41K in option awards, $43K in stock awards, as well as $64K in other compensation.
For fiscal year 2022, the median employee pay was $32,509 at Southern Missouri Bancorp. Therefore, the ratio of Greg A. Steffens' pay to the median employee pay was 20 to one.
Justin G. Cox, Executive Vice, President Regional President, received a compensation package of $400K, which increased by 12% compared to previous year. 66% of the compensation package, or $264K, was in salary.
Rick A. Windes, Executive Vice, President Chief Lending Officer, earned $391K in 2022, a 9% increase compared to previous year.
Mark E. Hecker, Executive Vice, President Chief Credit Officer, received $384K in 2022, which increases by 8% compared to 2021.
Matthew T. Funke, Chief Financial Officer, earned $380K in 2022, a 11% increase compared to previous year.
Southern Missouri Bancorp's fiscal year ends on June 30.
Related executives
Greg Steffens
Southern Missouri Bancorp
Chief Executive Officer
Matthew Funke
Southern Missouri Bancorp
Chief Financial Officer
Justin Cox
Southern Missouri Bancorp
Executive Vice, President Regional President
Mark Hecker
Southern Missouri Bancorp
Executive Vice, President Chief Credit Officer
Rick Windes
Southern Missouri Bancorp
Executive Vice, President Chief Lending Officer
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Source: SEC filing on September 26, 2022.