Gerard R. Host is the former President and CEO of Trustmark Corporation. He has been with the company since 1984, starting in various roles including President of General Banking. During his leadership, Trustmark saw significant growth and stability in the...

Gerard R. Host is the former President and CEO of Trustmark Corporation. He has been with the company since 1984, starting in various roles including President of General Banking. During his leadership, Trustmark saw significant growth and stability in the banking sector. Before becoming CEO in 2011, he was recognized for his operational excellence as the Chief Operating Officer of Trustmark National Bank. Host was born on October 1, 1954, and earned his Bachelor's degree in Business Administration from the University of Mississippi. He's known for his straightforward approach to management, emphasizing performance metrics in the company's success. Under his tenure, Trustmark achieved a notable pay ratio of 60 to 1 in 2020, reflecting his commitment to aligning executive compensation with employee rewards. His extensive experience in banking has shaped his strategic leadership style, continuing to influence the company even after his retirement.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Trustmark CEOs

T

Gerard R. Host

Ex-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

October 1, 1954 - 70 years ago

CEO of Trustmark for

10 years 0 months (Jan 2011 - Jan 2021)

Previous Experience

President and Chief Operating Officer of Trustmark National Bank

Rivals

Competitors/colleagues of Gerard R. Host

U

Richard M. Adams, Jr.

CEO of United Bankshares

2023 Compensation

Stock

$609.36K

Salary

$1.00M

Bonus

$1.09M

Other

$59.30K

Total Holdings

$6.01M

F

Van A. Dukeman

CEO of First Busey Corporation

2023 Compensation

Stock

$0.00

Salary

$725.00K

Bonus

$561.88K

Other

$51.10K

Total Holdings

$9.87M

S

Christopher J. McComish

CEO of S&T Bancorp

2023 Compensation

Stock

$150.00K

Salary

$350.00K

Bonus

$70.00K

Other

$20.00K

Total Holdings

$715.40K

R

Kevin D. Chapman

CEO of Renasant

2023 Compensation

Stock

$0.00

Salary

$401.63K

Bonus

$401.63K

Other

$0.00

Total Holdings

$5.13M

A

H. Palmer Proctor, Jr.

CEO of Ameris Bancorp

2023 Compensation

Stock

$1.90M

Salary

$925.00K

Bonus

$1.44M

Other

$98.20K

Total Holdings

$28.94M

Holdings

See how much did Gerard R. Host make over time.

Throughout his career at Trustmark, Gerard Host's stock holdings reflected his vested interest in the company. In 2021, he had significant compensation due to his performance metrics, with a total of $2.4 million, including bonuses primarily based on achieving corporate...

Throughout his career at Trustmark, Gerard Host's stock holdings reflected his vested interest in the company. In 2021, he had significant compensation due to his performance metrics, with a total of $2.4 million, including bonuses primarily based on achieving corporate goals. His stock vesting included restricted stock units valued at nearly $914,936. Notably, in 2020, the stock he realized upon vesting was worth about $508,398 from 15,893 shares. His time with Trustmark saw fluctuations in stock performance, with peak values during his early years as CEO. His strategic decisions and strong sales results often correlated with positive changes in his stock valuations, reinforcing the link between leadership and company performance. As he transitioned to Executive Chairman in 2021, his holdings remained a critical aspect of his financial profile, demonstrating a solid commitment to the company's growth.

Total Stock Sold

$4.45M

TRMK

$4.45M

124,500 TRMK shares

What if they kept their stock?

If Gerard R. Host didn't sell their stock, today they would have:
Extra TRMK124,500 shares worth $2.94M.
This is -33.95% and $1.51M less than what they got when they sold the stock.

Charitable Transactions

TRMK

161,779 shares

TRMK

Recent Charitable Transactions

TRMK

20,000 shares

TRMK

Feb 2, 2023

Charity

TRMK

100,000 shares

TRMK

Dec 31, 2020

Charity

TRMK

40,339 shares

TRMK

Jan 27, 2015

Charity

TRMK

1,440 shares

TRMK

Jan 27, 2014

Charity

Insider Trading

See recent insider trades of Gerard R. Host.

TRMK

$1.54M

TRMK at $38.39/share

Nov 14, 2024

Sale

TRMK

$1.59M

TRMK at $39.74/share

Nov 12, 2024

Sale

TRMK

2,092 shares

TRMK

Apr 23, 2024

Received

TRMK

2,318 shares

TRMK

Apr 25, 2023

Received

TRMK

8,793 shares

TRMK

Feb 14, 2023

Received

TRMK

20,000 shares

TRMK

Feb 2, 2023

Charity

TRMK

1,854 shares

TRMK

Apr 26, 2022

Received

TRMK

5,162 shares

TRMK

Feb 15, 2022

Received

TRMK

$681.30K

TRMK at $34.07/share

Mar 9, 2021

Sale

TRMK

30,437 shares

TRMK

Feb 17, 2021

Received

Compensation History

See how much did Gerard R. Host make over time.

Gerard Host's compensation as CEO of Trustmark showcased his significant contributions and leadership. In 2021, he earned $2,447,777, including a base salary of $700,000 and a bonus of nearly $616,000 tied to performance metrics like earnings per share. His compensation reflected the company's focus on aligning executive pay with performance, with a notable increase from $1.3 million in 2018 to $3.1 million in 2019 before stabilizing. His compensation package included time-based restricted stock units that could vest fully depending on his ongoing tenure with the company. Trustmark's compensation philosophy emphasized competitive pay to attract top talent and retain executives like Host, whose leadership undeniably shaped the company's trajectory.

Year

2021

Total Compensation

$2.36M

Salary

$700.00K

Board Justification

Trustmark's compensation philosophy emphasizes competitive pay to attract and retain top executives, aligning compensation with company performance and market benchmarks.

Bonus

$615.79K

Board Justification

The bonus is based on the annual management incentive plan, with a target payout level established in the employment agreement, and is linked to performance metrics such as EPS and operational drivers.

Other

$128.99K

Board Justification

Other compensation includes the use of a company airplane, automobile allowance, dividends on unvested time-based restricted stock, club dues, and 401(k) match.

Restricted Stock

$914.94K(914.94K RSU)

Board Justification

The stock awarded in 2021 was granted solely in the form of time-based RSUs, which vest 100% at February 17, 2024, if the executive remains employed through such date.

Performance Metrics

The performance metrics for 2021 included EPS as the corporate goal and various operational drivers, with performance results exceeding target levels.

Other Trustmark CEOs

Here are other CEOs of Trustmark

Richard G. Hickson

Ex-CEO of Trustmark

January 2008 - December 2011

Duane A. Dewey

CEO of Trustmark

January 2021 - Present