Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Duane A. Dewey earned $2.20M in total compensation at Trustmark, including $841.67K salary, $870.06K bonus and $312.01K in stock. Most recently acquired 44,324 shares in Feb 2025. Currently holds stock worth $11.15M. 4+ years at the helm of Trustmark.

Compensation History

Annual executive compensation data for Duane A. Dewey, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.20M

Salary

$841.67K

Bonus

$870.06K

Other

$172.49K

Salary

$841.67K

Board Justification

Trustmark's compensation philosophy aims to align executive compensation with company performance, peer benchmarking, and retention strategies, ensuring that compensation reflects the company's financial health and strategic goals.

Bonus

$870.06K

Board Justification

Annual cash bonuses for 2023 performance under the management incentive plan, approved by the Committee on February 13, 2024, and by the Board on February 14, 2024.

Other Compensation

$172.49K

Board Justification

Includes use of company airplane, automobile allowance, dividends on unvested time-based restricted stock, club dues, 401(k) match, and contributions under the NQDC Plan.

Restricted Stock

$312.01K10.54K common stock

Board Justification

Restricted stock that vested during 2023, based on performance measures achieved.

Performance Metrics

Key performance metrics include EPS, efficiency ratio, non-performing assets/total loans + ORE, and non-interest expense (core).

T

Duane A. Dewey

CEO of Trustmark

Education

Bachelor's degree in Business Administration from the University of Mississippi

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

Born

January 1, 1958 - 67 years ago

CEO of Trustmark for

4 years 11 months (Jan 2021 - Present)

Previous Experience

President of Corporate Banking at Trustmark

Holdings

Track Duane A. Dewey's stock holdings and portfolio value over time.

Total Stock Sold

$878.74K

TRMK

$878.74K

30,748 TRMK shares

What if they kept their stock?

If Duane A. Dewey didn't sell their stock, today they would have:
Extra TRMK30,748 shares worth $1.21M.
This is 37.27% and $327.50K more than what they got when they sold the stock.

Insider Trading

Duane A. Dewey's recent stock transactions, purchases, and sales filed with the SEC.

TRMK

44,324 shares

TRMK

Feb 11, 2025

Received

TRMK

15,811 shares

TRMK

Feb 14, 2024

Received

TRMK

12,226 shares

TRMK

Feb 13, 2024

Received

TRMK

14,096 shares

TRMK

Feb 15, 2023

Received

TRMK

5,129 shares

TRMK

Feb 14, 2023

Received

TRMK

12,244 shares

TRMK

Feb 16, 2022

Received

TRMK

1,936 shares

TRMK

Feb 15, 2022

Received

TRMK

10,145 shares

TRMK

Feb 17, 2021

Received

TRMK

2,999 shares

TRMK

Feb 16, 2021

Received

TRMK

11,079 shares

TRMK

Jan 4, 2021

Received

Rivals

Compare Duane A. Dewey with competitor CEOs and industry peers.