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Al D. Ross served as the CEO of Colony Bankcorp from December 2004 until October 2011. He has a strong background in banking and finance, having worked his way up through Colony Bankcorp from Executive Vice President to CEO. Before...

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Al D. Ross

Ex-CEO of Colony Bankcorp

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1971 - 54 years ago

CEO of Colony Bankcorp for

6 years 9 months (Dec 2004 - Oct 2011)

Previous Experience

Started with the Company in March of 1998 as an Executive Vice President of its subsidiary bank, Colony Bank Southeast. Served as President and Chief Executive Officer of Colony Bank Southeast in May 2001.

Holdings

See how much did Al D. Ross make over time.

During his time as CEO, Al D. Ross actively participated in insider trading activities, showing confidence in Colony Bankcorp’s future. His trades fluctuated, reaching notable highs; in 2021, he traded shares valued over $764K. This was after years of organic...

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Al D. Ross make over time.

Al D. Ross's total compensation as CEO of Colony Bankcorp varied significantly over the years. In 2011, he earned $240,943, mostly from his salary of $212,966, as there were no bonuses awarded due to company performance issues. This trend continued throughout his tenure, with his compensation reflecting the bank's financial health. In 2010, he received $260,034, and in 2009, a slightly higher compensation of $286,509, bolstered by $24,075 from vested stocks. His compensation was largely conservative when the company faced economic challenges, especially during the TARP program participation, which limited executive pay options. His strategy emphasized aligning his pay with the company's performance, often resulting in no bonuses and no stock grants for various years. This demonstrates a commitment to transparency and a focus on the company's long-term success rather than seeking immediate personal financial gain.

Year

2011

Total Compensation

$240.94K

Salary

$212.97K

Board Justification

The compensation philosophy focuses on attracting and retaining key management while aligning compensation with company performance and regulatory requirements.

Bonus

$0.00

Board Justification

No bonuses were awarded in 2011 due to company performance and participation in the U.S. Treasury Capital Purchase Program restrictions.

Other

$27.98K

Board Justification

Other compensation includes 401(k) contributions, life insurance benefits, personal use of company-provided automobiles, country club membership, director fees, and dividend income.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were awarded in 2011 as per the Compensation Committee's recommendation based on overall company performance.

Performance Metrics

Performance metrics include maintaining adequate capital ratios and compliance with the U.S. Treasury Capital Purchase Program.

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