In 2011, Richard G. Hickson earned $563.48K in total compensation at Trustmark, primarily from $330.77K salary. Most recently acquired 35,060 shares in Feb 2011. Led Trustmark as CEO for 3 years.
Compensation History
Annual executive compensation data for Richard G. Hickson, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$563.48K
Salary
$330.77K
Bonus
$0.00
Other
$232.72K
Salary
$330.77KBoard Justification
Trustmark's compensation philosophy emphasizes alignment with company performance, peer benchmarking, and retention strategies, ensuring that executive compensation is competitive and reflective of individual performance and company success.
Bonus
$0.00Board Justification
No bonus was awarded for 2011 as he did not participate in Trustmark’s annual management incentive plan for 2011, but could be awarded a bonus for the portion of 2011 that he was employed, at the discretion of the Human Resources Committee.
Other Compensation
$232.72KBoard Justification
Other compensation includes a 401(k) match of $14,700, a discretionary bonus of $200,000, club dues of $2,385, and an estimated $15,630 cost for office space and secretarial support provided to Mr. Hickson after his retirement in May 2011.
Restricted Stock
Board Justification
No stock awards vested in 2011 as he did not receive any stock awards during that year.
Performance Metrics
Performance metrics for the CEO's compensation are based on company financial performance and individual contributions, with a focus on long-term value creation.
Richard G. Hickson
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
August 15, 1945 - 80 years ago
CEO of Trustmark for
3 years 11 months (Jan 2008 - Dec 2011)
Previous Experience
Chairman and Chief Executive Officer of Trustmark National Bank
Other Trustmark CEOs
Holdings
Track Richard G. Hickson's stock holdings and portfolio value over time.
Insider Trading
Richard G. Hickson's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
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