Sundar PichaiSundar Pichai earned $164M in 2023

Edwin W. Hortman, Jr. served as the President and CEO of Ameris Bancorp from 2005 until his retirement in 2018. He was also the Executive Chairman until September 2018. Hortman’s compensation peaked in 2017 at over $2.7 million, largely attributed...

Quick Links
A

Edwin W. Hortman, Jr.

Ex-CEO of Ameris Bancorp

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

CEO of Ameris Bancorp for

13 years 6 months (Jan 2005 - Jul 2018)

Previous Experience

Unknown

Holdings

See how much did Edwin W. Hortman, Jr. make over time.

During his time at Ameris Bancorp, Edwin W. Hortman, Jr. had significant stock holdings affected by market performance. In 2005, he held around 29,600 shares of restricted Common Stock worth about $587,000, contingent on meeting specific performance goals. By his...

Total Stock Sold

$4.21M

ABCB

$4.21M

82,373 ABCB shares

What if they kept their stock?

If Edwin W. Hortman, Jr. didn't sell their stock, today they would have:
Extra ABCB82,373 shares worth $2.06M.
This is -51.22% and $2.16M less than what they got when they sold the stock.

Charitable Transactions

ABCB

2,180 shares

ABCB

Recent Charitable Transactions

ABCB

530 shares

ABCB

Dec 28, 2017

Charity

ABCB

1,650 shares

ABCB

Dec 12, 2016

Charity

Insider Trading

See recent insider trades of Edwin W. Hortman, Jr..

ABCB

900 shares

ABCB

May 15, 2018

Received

ABCB

$574.90K

ABCB at $57.49/share

Mar 12, 2018

Sale

ABCB

$1.15M

ABCB at $56.41/share

Mar 6, 2018

Sale

ABCB

$535.80K

ABCB at $53.58/share

Feb 28, 2018

Sale

ABCB

12,974 shares

ABCB

Feb 16, 2018

Received

ABCB

530 shares

ABCB

Dec 28, 2017

Charity

ABCB

$1.28M

ABCB at $46.69/share

Jun 8, 2017

Sale

ABCB

1,146 shares

ABCB

May 16, 2017

Received

ABCB

$689.13K

ABCB at $47.27/share

May 4, 2017

Sale

ABCB

14,705 shares

ABCB

Feb 14, 2017

Received

Compensation History

See how much did Edwin W. Hortman, Jr. make over time.

Edwin W. Hortman, Jr. earned a total compensation of $2.7 million in 2017, and his pay plan emphasized aligning executive compensation with the bank's performance. After receiving no bonuses in the previous years due to retirement timing and performance metrics, his retirement agreement included a significant severance payment of nearly $3.8 million. This package included a cash payment and fully vested stock, indicating the level of financial planning he engaged in during his tenure. The structured salary increases over the years showed how his success and the bank's performance were closely intertwined, ensuring that his interests aligned with that of the company's shareholders, even in challenging times. Throughout his career, compensation discussions were often about creating enduring shareholder value and attracting top talent through performance-based incentives.

Year

2018

Total Compensation

$700.00K

Salary

$700.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with shareholder interests, and retaining key talent.

Bonus

$0.00

Board Justification

No bonus was awarded in 2018 as Mr. Hortman retired prior to year end and was not eligible for a payout under the annual incentive plan.

Other

$0.00

Board Justification

No other compensation was reported for 2018 as Mr. Hortman retired prior to year end.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2018 as Mr. Hortman retired prior to year end.

Performance Metrics

The performance metrics for 2018 included financial and operational goals, but Mr. Hortman was not eligible for any payouts due to retirement.

Other Ameris Bancorp CEOs

Here are other CEOs of Ameris Bancorp