In 2022, David M. Findlay earned $1.04M in total compensation at Lakeland Financial, including $658.52K salary and $353.10K bonus. Most recently sold 12,878 shares in Dec 2024. Currently holds stock worth $7.23M. Has led Lakeland Financial for over 11 years.
Compensation History
Annual executive compensation data for David M. Findlay, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.04M
Salary
$658.52K
Bonus
$353.10K
Other
$26.50K
Salary
$658.52KBoard Justification
The compensation philosophy is designed to align executive compensation with long-term strategic goals and performance, focusing on both company and individual performance metrics.
Bonus
$353.10KBoard Justification
Bonus paid based on company performance and individual performance metrics for 2022.
Other Compensation
$26.50KBoard Justification
Other compensation includes 401(k) matching contributions, country club memberships, and cell phone stipends.
Restricted Stock
Board Justification
No vested stock reported for 2022 as the focus is on cash compensation and bonuses.
Performance Metrics
Performance metrics include return on beginning equity, revenue growth, diluted earnings per share growth, capital adequacy, efficiency ratio, and asset quality.
David M. Findlay
CEO of Lakeland Financial
Education
MBA from University of Notre Dame
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
June 10, 1962 - 63 years ago
CEO of Lakeland Financial for
11 years 7 months (Apr 2014 - Present)
Previous Experience
Chief Financial Officer at Lakeland Financial
Other Lakeland Financial CEOs
Holdings
Track David M. Findlay's stock holdings and portfolio value over time.
Total Stock Sold
$4.59M
$4.59M
89,571 LKFN shares
What if they kept their stock?
If David M. Findlay didn't sell their stock, today they would have:
Extra LKFN89,571 shares worth $5.21M.
This is 13.67% and $626.96K more than what they got when they sold the stock.
Insider Trading
David M. Findlay's recent stock transactions, purchases, and sales filed with the SEC.
$863.62K
LKFN at $67.06/share
Dec 31, 2024
Sale
32,016 shares
LKFN
Dec 31, 2024
Received
$1.46M
LKFN at $75.51/share
Nov 12, 2024
Sale
$783.12K
LKFN at $65.26/share
Mar 13, 2024
Sale
4,000 shares
LKFN
Feb 5, 2024
Received
$683.30K
LKFN at $65.03/share
Feb 5, 2024
Sale
18,880 shares
LKFN
Feb 2, 2024
Received
4,000 shares
LKFN
Feb 7, 2023
Received
18,880 shares
LKFN
Feb 3, 2023
Received
10,560 shares
LKFN
Feb 4, 2022
Received
Rivals
Compare David M. Findlay with competitor CEOs and industry peers.
Richard M. Adams, Jr.
CEO of United Bankshares
2023 Compensation
Stock
$609.36K
Salary
$1.00M
Bonus
$1.09M
Other
$59.30K
Total Holdings
$378.14K
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K