Southern States Bancshares, Inc.

DB:6U2 Stock Report

Market Cap: €347.7m

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 percentage49.8%
CEO tenure5.8yrs
CEO ownership0.3%
Management average tenure5.8yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Chambers's remuneration changed compared to Southern States Bancshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$33m

Jun 30 2024n/an/a

US$32m

Mar 31 2024n/an/a

US$32m

Dec 31 2023US$944kUS$470k

US$32m

Sep 30 2023n/an/a

US$34m

Jun 30 2023n/an/a

US$34m

Mar 31 2023n/an/a

US$30m

Dec 31 2022US$1mUS$415k

US$27m

Sep 30 2022n/an/a

US$21m

Jun 30 2022n/an/a

US$19m

Mar 31 2022n/an/a

US$17m

Dec 31 2021US$615kUS$345k

US$19m

Sep 30 2021n/an/a

US$18m

Jun 30 2021n/an/a

US$16m

Mar 31 2021n/an/a

US$15m

Dec 31 2020US$549kUS$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

NamePositionTenureCompensationOwnership
Mark Chambers
CEO, President & Director5.8yrsUS$944.43k0.32%
€ 1.1m
Lynn Joyce
Senior EVP & CFO11.8yrsUS$690.94k0.23%
€ 816.4k
Gregory Smith
Senior EVP & Chief Risk Officer5.8yrsUS$685.21k0.46%
€ 1.6m
Garnet Reynolds
President of Coweta & Fayette Counties1.8yrsno datano data
Jason Alderman
President of Calhoun Countyno datano datano data
Warren Giardina
President of Jefferson and Shelby Countiesless than a yearno datano data
Kelly Parkinson
Corporate Secretaryno datano datano 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

NamePositionTenureCompensationOwnership
Mark Chambers
CEO, President & Director2.7yrsUS$944.43k0.32%
€ 1.1m
Richard Drews
Directorless than a yearno data0.25%
€ 886.1k
Christine Hunsaker
Independent Director1.8yrsUS$20.80k0.018%
€ 61.8k
Brent Hitson
Independent Director17.8yrsUS$57.40k0.22%
€ 765.1k
Brian Holmes
Director17.8yrsUS$58.80k1.91%
€ 6.6m
Jay Pumroy
Director17.8yrsUS$64.50k1.02%
€ 3.6m
J. Smith
Independent Chairman of the Board15.8yrsUS$76.25k0.53%
€ 1.8m
Alfred Hayes
Independent Director9.8yrsUS$67.65k0.060%
€ 207.2k
Lewis Beavers
Independent Director5.1yrsUS$53.00k0.027%
€ 93.5k
Cynthia McCarty
Independent Director4.4yrsUS$51.50k0.069%
€ 239.3k
Jonathan Hinton
Independent Director1.8yrsUS$28.80k0.013%
€ 44.2k
Daniel Cummings
Independent Director1.8yrsUS$32.80k0.059%
€ 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).