Sundar PichaiSundar Pichai earned $164M in 2023

Dennis S. Hudson, III, born in 1951, is the former CEO and current Executive Chairman of Seacoast Banking Corporation of Florida. He has been with the company since 1984, transitioning from various leadership roles, ultimately becoming CEO in 1998. He...

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Dennis S. Hudson, III

Founder and Ex-CEO of Seacoast Banking Corporation of Florida

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

June 1, 1951 - 73 years ago

CEO of Seacoast Banking Corporation of Florida for

13 years 0 months (Jan 2008 - Jan 2021)

Previous Experience

CEO of Seacoast Banking Corporation of Florida since its inception in 2008. Previously served in various leadership roles in the banking sector.

Holdings

See how much did Dennis S. Hudson, III make over time.

Dennis Hudson's holdings in Seacoast Banking Corporation are substantial. At one point, he owned over 1.3 million shares, roughly 8.86% of the company, reflecting his strong belief in its trajectory. His investment in stock shows his deep commitment, especially since...

Total Stock Sold

$3.27M

SBCF

$3.27M

102,241 SBCF shares

What if they kept their stock?

If Dennis S. Hudson, III didn't sell their stock, today they would have:
Extra SBCF102,241 shares worth $2.11M.
This is -35.64% and $1.17M less than what they got when they sold the stock.

Charitable Transactions

SBCF

3,800 shares

SBCF

Recent Charitable Transactions

SBCF

3,000 shares

SBCF

Dec 31, 2021

Charity

SBCF

800 shares

SBCF

Dec 31, 2018

Charity

Insider Trading

See recent insider trades of Dennis S. Hudson, III.

SBCF

$216.48K

SBCF at $27.06/share

Sep 18, 2024

Sale

SBCF

$62.50K

SBCF at $27.84/share

Jul 31, 2024

Received

SBCF

$432.00K

SBCF at $27.00/share

Jul 16, 2024

Sale

SBCF

16,772 shares

SBCF

Feb 29, 2024

Received

SBCF

$62.49K

SBCF at $24.71/share

Jul 31, 2023

Received

SBCF

32,254 shares

SBCF

Mar 1, 2023

Received

SBCF

$266.65K

SBCF at $33.01/share

Feb 2, 2023

Sale

SBCF

$289.62K

SBCF at $35.48/share

Aug 15, 2022

Sale

SBCF

$288.00K

SBCF at $36.00/share

Jul 29, 2022

Sale

SBCF

$62.51K

SBCF at $35.78/share

Jul 29, 2022

Received

Compensation History

See how much did Dennis S. Hudson, III make over time.

In 2021, Dennis S. Hudson, III received a total compensation of $840,024 after transitioning from CEO to Executive Chairman. His salary was $400,000, supplemented by a $400,000 bonus, which was based on the company's performance. Earlier years showed much higher compensation—over $2 million in 2020—highlighting the response to the company’s growth and performance metrics. His other benefits included contributions to retirement savings and various allowances, emphasizing a total compensation philosophy based on performance. This structure aligns with the company's goals, which reward executives for their contributions toward long-term success.

Year

2021

Total Compensation

$840.02K

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder interests and company performance.

Bonus

$400.00K

Board Justification

Short-term cash incentives based on Company performance for the year and the achievement of pre-established individual goals.

Other

$40.02K

Board Justification

Includes contributions to retirement savings plan, supplemental long-term disability insurance, car allowance, and dividends paid.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2021 as Mr. Hudson's role transitioned from CEO to Executive Chairman.

Performance Metrics

Performance metrics include average annual earnings per share (EPS) growth and average annual return on average tangible common equity (ROATE).

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