Sundar PichaiSundar Pichai earned $164M in 2023
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Duane A. Dewey

CEO of Trustmark

Education

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

Field of Expertise

Finance & Banking - Banking

Born

January 1, 1958 - 67 years ago

Economy Sector

Financial Services

Current Tenure

4 years 1 month (Jan 2021 - Present)

Previous Experience

President of Corporate Banking at Trustmark

Duane A. Dewey is the CEO of Trustmark Corp, a role he has held since January 2021 after transitioning from President of Corporate Banking. He has a wealth of experience in banking, having started his career in 1985 at Republic...

Year

2023

Total Compensation

$2.20M

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

$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

$312.01K(10.54K 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).