Alexander KarpAlexander Karp earned $1B in 2024

In 2022, George M. Pereira earned $3.52M in total compensation at Pacific Premier Bancorp, including $950.00K salary, $522.50K bonus and $2.05M in stock. Most recently acquired 3,317 shares in Mar 2024. 4+ years at the helm of Pacific Premier Bancorp.

Compensation History

Annual executive compensation data for George M. Pereira, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$3.52M

Salary

$950.00K

Bonus

$522.50K

Other

$0.00

Salary

$950.00K

Board Justification

The compensation philosophy emphasizes alignment with stockholder interests, balancing short-term and long-term performance, and ensuring competitive pay to attract and retain key executives.

Bonus

$522.50K

Board Justification

Annual cash incentive based on performance metrics including relative ROAA, efficiency ratio, credit risk, and strategic objectives, resulting in a payout of 55% of target due to the impact of the securities portfolio repositioning transaction and FDIC special assessment.

Other Compensation

$0.00

Board Justification

No additional compensation reported outside of salary, bonus, and stock awards.

Restricted Stock

$2.05M70.3K RSU

Board Justification

Restricted stock awards that vested in 2023, with 1/3 vesting annually over three years, totaling 70,253 shares.

Performance Metrics

Performance metrics for 2023 included relative ROAA, efficiency ratio, credit risk, and strategic objectives.

P

George M. Pereira

CEO of Pacific Premier Bancorp

Education

Master's Degree in Business Administration from Harvard Business School.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

May 10, 1971 - 54 years ago

CEO of Pacific Premier Bancorp for

4 years 3 months (Aug 2021 - Present)

Previous Experience

Served as CEO of various financial institutions, extensive experience in banking and finance.

Holdings

Track George M. Pereira's stock holdings and portfolio value over time.

Insider Trading

George M. Pereira's recent stock transactions, purchases, and sales filed with the SEC.

PPBI

3,317 shares

PPBI

Mar 15, 2024

Received

PPBI

3,011 shares

PPBI

Mar 15, 2023

Received

PPBI

2,031 shares

PPBI

Mar 15, 2022

Received

Rivals

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