In 2023, John C. Corbett earned $5.31M in total compensation at SouthState, including $1.04M salary, $1.33M bonus and $2.89M in stock. Most recently acquired 1,500 shares in Jul 2021. Currently holds stock worth $9.92M. Has donated $1.98M in stock to charitable causes. 5+ years at the helm of SouthState.
Compensation History
Annual executive compensation data for John C. Corbett, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$5.31M
Salary
$1.04M
Bonus
$1.33M
Other
$51.75K
Salary
$1.04MBoard Justification
The compensation philosophy emphasizes performance-based pay that aligns with company performance and shareholder interests, focusing on soundness, profitability, and growth.
Bonus
$1.33MBoard Justification
The bonus is based on the Annual Incentive Plan (AIP) which is tied to performance metrics including adjusted pre-tax pre-provision net revenue and non-performing assets to loans ratio.
Other Compensation
$51.75KBoard Justification
Other compensation includes 401(k) matching contributions, life insurance premiums, and other cash benefits.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were primarily performance share units (PSUs) based on the achievement of specified performance goals over a three-year period.
Performance Metrics
The performance metrics for determining compensation include adjusted pre-tax pre-provision net revenue and non-performing assets to loans ratio.
John C. Corbett
CEO of SouthState
Education
Bachelor's degree from Florida State University
Field of Expertise
Finance & Banking - Banking
Sector of Economy
Financial Services
Born
June 1, 1968 - 57 years ago
CEO of SouthState for
5 years 5 months (Jun 2020 - Present)
Previous Experience
CEO of CenterState Bank
Other SouthState CEOs
Holdings
Track John C. Corbett's stock holdings and portfolio value over time.
Charitable Transactions
21,500 shares
SSB
Recent Charitable Transactions
3,500 shares
SSB
Aug 26, 2024
Charity
5,000 shares
SSB
Aug 19, 2024
Charity
4,000 shares
SSB
Nov 15, 2023
Charity
4,000 shares
SSB
Aug 4, 2023
Charity
1,300 shares
SSB
Dec 31, 2022
Charity
1,000 shares
SSB
Dec 31, 2021
Charity
Insider Trading
John C. Corbett's recent stock transactions, purchases, and sales filed with the SEC.
3,500 shares
SSB
Aug 26, 2024
Charity
5,000 shares
SSB
Aug 19, 2024
Charity
4,000 shares
SSB
Nov 15, 2023
Charity
4,000 shares
SSB
Aug 4, 2023
Charity
1,300 shares
SSB
Dec 31, 2022
Charity
1,000 shares
SSB
Dec 31, 2021
Charity
$105.00K
SSB at $70.00/share
Jul 26, 2021
Purchase
500 shares
SSB
Mar 11, 2021
Charity
500 shares
SSB
Mar 8, 2021
Charity
1,000 shares
SSB
Feb 23, 2021
Charity
Rivals
Compare John C. Corbett with competitor CEOs and industry peers.
Timothy S. Crane
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Stock
$276.30K
Salary
$1.00M
Bonus
$1.14M
Other
$33.85K
Total Holdings
$10.29M
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Bonus
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Vincent J. Delie, Jr.
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2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Joseph S. Exnicios
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2023 Compensation
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$265.86K
Salary
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Bonus
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Other
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Total Holdings
$1.50K
John W. Allison
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2022 Compensation
Stock
$3.66M
Salary
$650.60K
Bonus
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Other
$687.75K
Total Holdings
$819.29K