The CEO of Cadence Bank, Dan Rollins, earns a total yearly compensation of $5.73 million.
Dan Rollins, who was appointed CEO of Cadence Bank in November 2012 and has a tenure of over 12 years, receives his compensation through a combination of salary and various forms of bonuses.
Compensation Breakdown
His total yearly compensation of $5.73 million is structured primarily through performance-based incentives. The components of his compensation are detailed as follows:
Compensation Component | Percentage of Total Compensation | Exact Amount |
---|---|---|
Salary | 17.4% | $997,020 |
Bonuses | 82.6% | $4,732,980 |
Total | 100% | $5,730,000 |
The significant portion of his compensation comes from bonuses, which include company stock and options. This structure aligns the CEO's financial incentives with the bank's performance and shareholder value.
Share Ownership and Wealth
In addition to his annual compensation, Dan Rollins also holds a direct ownership stake in Cadence Bank. He owns 0.19% of the company's shares, which are currently valued at $11.58 million. This direct ownership further connects his personal wealth to the bank's long-term success and performance.