Southern States Bancshares Management
Management criteria checks 4/4
Southern States Bancshares' CEO is Mark Chambers, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $944.43K, comprised of 49.8% salary and 50.2% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth €1.11M. The average tenure of the management team and the board of directors is 5.8 years and 4.8 years respectively.
Key information
Mark Chambers
Chief executive officer
US$944.4k
Total compensation
CEO salary percentage | 49.8% |
CEO tenure | 5.8yrs |
CEO ownership | 0.3% |
Management average tenure | 5.8yrs |
Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$33m |
Jun 30 2024 | n/a | n/a | US$32m |
Mar 31 2024 | n/a | n/a | US$32m |
Dec 31 2023 | US$944k | US$470k | US$32m |
Sep 30 2023 | n/a | n/a | US$34m |
Jun 30 2023 | n/a | n/a | US$34m |
Mar 31 2023 | n/a | n/a | US$30m |
Dec 31 2022 | US$1m | US$415k | US$27m |
Sep 30 2022 | n/a | n/a | US$21m |
Jun 30 2022 | n/a | n/a | US$19m |
Mar 31 2022 | n/a | n/a | US$17m |
Dec 31 2021 | US$615k | US$345k | US$19m |
Sep 30 2021 | n/a | n/a | US$18m |
Jun 30 2021 | n/a | n/a | US$16m |
Mar 31 2021 | n/a | n/a | US$15m |
Dec 31 2020 | US$549k | US$327k | US$12m |
Compensation vs Market: Mark's total compensation ($USD944.43K) is about average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Chambers (59 yo)
5.8yrs
Tenure
US$944,425
Compensation
Mr. Mark A. Chambers serves as President of Southern States Bank since 2019 and has been its Chief Executive Officer since 2022 and serves as Director since March 2022 and served as Senior Executive Vice P...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 5.8yrs | US$944.43k | 0.32% € 1.1m | |
Senior EVP & CFO | 11.8yrs | US$690.94k | 0.23% € 816.4k | |
Senior EVP & Chief Risk Officer | 5.8yrs | US$685.21k | 0.46% € 1.6m | |
President of Coweta & Fayette Counties | 1.8yrs | no data | no data | |
President of Calhoun County | no data | no data | no data | |
President of Jefferson and Shelby Counties | less than a year | no data | no data | |
Corporate Secretary | no data | no data | no data |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Management: 6U2's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 2.7yrs | US$944.43k | 0.32% € 1.1m | |
Director | less than a year | no data | 0.25% € 886.1k | |
Independent Director | 1.8yrs | US$20.80k | 0.018% € 61.8k | |
Independent Director | 17.8yrs | US$57.40k | 0.22% € 765.1k | |
Director | 17.8yrs | US$58.80k | 1.91% € 6.6m | |
Director | 17.8yrs | US$64.50k | 1.02% € 3.6m | |
Independent Chairman of the Board | 15.8yrs | US$76.25k | 0.53% € 1.8m | |
Independent Director | 9.8yrs | US$67.65k | 0.060% € 207.2k | |
Independent Director | 5.1yrs | US$53.00k | 0.027% € 93.5k | |
Independent Director | 4.4yrs | US$51.50k | 0.069% € 239.3k | |
Independent Director | 1.8yrs | US$28.80k | 0.013% € 44.2k | |
Independent Director | 1.8yrs | US$32.80k | 0.059% € 205.5k |
4.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: 6U2's board of directors are considered experienced (4.8 years average tenure).