Pinnacle Financial Partners Management

Management criteria checks 3/4

Pinnacle Financial Partners' CEO is Michael Turner, appointed in Feb 2000, has a tenure of 24.58 years. total yearly compensation is $5.68M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth €21.70M. The average tenure of the management team and the board of directors is 16.8 years and 9.1 years respectively.

Key information

Michael Turner

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage	21.4%
CEO tenure	24.6yrs
CEO ownership	0.3%
Management average tenure	16.8yrs
Board average tenure	9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Turner's remuneration changed compared to Pinnacle Financial Partners's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$389m
Mar 31 2024	n/a	n/a	US$534m
Dec 31 2023	US$6m	US$1m	US$547m
Sep 30 2023	n/a	n/a	US$590m
Jun 30 2023	n/a	n/a	US$606m
Mar 31 2023	n/a	n/a	US$554m
Dec 31 2022	US$11m	US$1m	US$546m
Sep 30 2022	n/a	n/a	US$541m
Jun 30 2022	n/a	n/a	US$529m
Mar 31 2022	n/a	n/a	US$516m
Dec 31 2021	US$7m	US$1m	US$512m
Sep 30 2021	n/a	n/a	US$489m
Jun 30 2021	n/a	n/a	US$464m
Mar 31 2021	n/a	n/a	US$398m
Dec 31 2020	US$4m	US$1m	US$305m
Sep 30 2020	n/a	n/a	US$294m
Jun 30 2020	n/a	n/a	US$297m
Mar 31 2020	n/a	n/a	US$335m
Dec 31 2019	US$5m	US$1m	US$401m
Sep 30 2019	n/a	n/a	US$400m
Jun 30 2019	n/a	n/a	US$383m
Mar 31 2019	n/a	n/a	US$370m
Dec 31 2018	US$4m	US$1m	US$359m
Sep 30 2018	n/a	n/a	US$291m
Jun 30 2018	n/a	n/a	US$262m
Mar 31 2018	n/a	n/a	US$218m
Dec 31 2017	US$4m	US$908k	US$174m

Compensation vs Market: Michael's total compensation ($USD5.68M) is above average for companies of similar size in the German market ($USD3.40M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.

CEO

Michael Turner (69 yo)

24.6yrs

Tenure

US$5,677,565

Compensation

Mr. Michael Terry Turner has been the Chief Executive Officer, President and Director of Pinnacle Financial Partners, Inc. & Pinnacle Bank since February 28, 2000. Mr. Turner worked for Arthur Andersen & C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert McCabe	Co-Founder & Chairman	24.6yrs	US$5.41m	0.44% $ 29.1m
Michael Turner	President	24.6yrs	US$5.68m	0.33% $ 21.7m
Harold Carpenter	Executive VP	24.6yrs	US$1.87m	0.092% $ 6.0m
Richard Callicutt	Chairman for the Carolinas & Virginia and Director	7.3yrs	US$2.78m	0.10% $ 6.7m
Mac Johnston	Senior Economic & Market Analyst	no data	no data	no data
Randall Withrow	Chief Information Officer	24.2yrs	no data	no data
Mary Schneider	Chief Compliance Officer	5.7yrs	no data	no data
Catherine Stallings	Chief Legal Counsel	no data	no data	no data
Nikki Minges	Director of Communications	2.7yrs	no data	no data
Joanne Jackson	Executive Vice President	no data	US$140.40k	no data
James White	Executive VP	no data	US$206.34k	no data
Amy Charles	Head of Hermitage Office & Office Leader of Donelson	16.8yrs	no data	no data

16.8yrs

Average Tenure

67.5yo

Average Age

Experienced Management: PFZ's management team is seasoned and experienced (16.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert McCabe	Co-Founder & Chairman	24.6yrs	US$5.41m	0.44% $ 29.1m
Michael Turner	President	24.6yrs	US$5.68m	0.33% $ 21.7m
Richard Callicutt	Chairman for the Carolinas & Virginia and Director	7.3yrs	US$2.78m	0.10% $ 6.7m
Paul Myers	CEO & Chairman of the Board of Directors - Advocate Capital	2.7yrs	no data	no data
Gregory Burns	Independent Director	23.3yrs	US$204.50k	0.026% $ 1.7m
Thomas Farnsworth	Independent Director	9yrs	US$182.00k	0.035% $ 2.3m
Abney Boxley	Lead Independent Director	7.3yrs	US$182.00k	0.059% $ 3.9m
Glenda Glover	Independent Director	10.8yrs	US$229.50k	0.016% $ 1.0m
Joseph Galante	Independent Director	8.2yrs	US$188.25k	0.032% $ 2.1m
Decosta Jenkins	Independent Director	3.5yrs	US$182.00k	0.0041% $ 270.1k
Charles Brock	Independent Director	9.2yrs	US$190.75k	0.046% $ 3.0m
Renda Burkhart	Independent Director	9.3yrs	US$201.50k	0.016% $ 1.0m

9.1yrs

Average Tenure

69yo

Average Age

Experienced Board: PFZ's board of directors are considered experienced (9.1 years average tenure).

Pinnacle Financial Partners Management

Management criteria checks 3/4

Key information

Recent management updates

Co-Founder & Chairman recently sold €8.7m worth of stock

President recently sold €1.8m worth of stock

Pinnacle Financial Partners, Inc., Annual General Meeting, Apr 23, 2024

Board Member recently sold €1.4m worth of stock

Co-Founder & Chairman recently sold €511k worth of stock

Pinnacle Financial Partners Recruits High-Performing Team for Expansion into North Florida

Recent updates

Second quarter dividend of US$0.22 announced

Second quarter 2024 earnings released: EPS: US$0.65 (vs US$2.55 in 2Q 2023)

Pinnacle Financial Partners, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2024

Pinnacle Financial Partners, Inc. to Report Q2, 2024 Results on Jul 16, 2024

Co-Founder & Chairman recently sold €8.7m worth of stock

First quarter dividend of US$0.22 announced

Pinnacle Financial Partners, Inc. Approves Cash Dividend for the First Quarter of 2024, Payable on May 31, 2024

Pinnacle Financial Partners, Inc. Announces Net Loan Charge-Offs for the Quarter Ended March 31, 2024

First quarter 2024 earnings released: EPS: US$1.58 (vs US$1.76 in 1Q 2023)

Pinnacle Financial Partners, Inc. to Report Q1, 2024 Results on Apr 22, 2024

President recently sold €1.8m worth of stock

Pinnacle Financial Partners, Inc., Annual General Meeting, Apr 23, 2024

Board Member recently sold €1.4m worth of stock

Full year 2023 earnings released: EPS: US$7.20 (vs US$7.20 in FY 2022)

Upcoming dividend of US$0.22 per share at 1.0% yield

Co-Founder & Chairman recently sold €511k worth of stock

Pinnacle Financial Partners Recruits High-Performing Team for Expansion into North Florida

Full year 2023 earnings released: EPS: US$7.20 (vs US$7.20 in FY 2022)

Pinnacle Financial Partners, Inc. Approves Quarterly Dividend, Payable on February 23, 2024

Co-Founder & Chairman recently sold €7.7m worth of stock

Upcoming dividend of US$0.22 per share at 1.4% yield

Third quarter 2023 earnings released: EPS: US$1.69 (vs US$1.91 in 3Q 2022)

Pinnacle Financial Partners, Inc. Approves Quarterly Dividend, Payable on November 24, 2023

Pinnacle Financial Partners, Inc. to Report Q3, 2023 Results on Oct 17, 2023

Upcoming dividend of US$0.22 per share at 1.2% yield

Investor sentiment improves as stock rises 16%

Pinnacle Financial Partners, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$2.55 (vs US$1.87 in 2Q 2022)

Pinnacle Financial Partners, Inc. to Report Q2, 2023 Results on Jul 18, 2023

Investor sentiment improves as stock rises 15%

Upcoming dividend of US$0.22 per share at 1.7% yield

First quarter 2023 earnings released: EPS: US$1.76 (vs US$1.66 in 1Q 2022)

Investor sentiment deteriorates as stock falls 18%

Co-Founder & Chairman recently sold €1.7m worth of stock

Full year 2022 earnings released: EPS: US$7.20 (vs US$6.79 in FY 2021)

Independent Director recently sold €227k worth of stock

Upcoming dividend of US$0.22 per share at 1.2% yield

Insider recently bought €67k worth of stock

Full year 2022 earnings released: EPS: US$7.20 (vs US$6.79 in FY 2021)

Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) announces an Equity Buyback for $125 million worth of its shares.

Pinnacle Financial Partners, Inc. to Report Q4, 2022 Results on Jan 17, 2023

Independent Director recently sold €168k worth of stock

Upcoming dividend of US$0.22 per share

Third quarter 2022 earnings released: EPS: US$1.91 (vs US$1.76 in 3Q 2021)

Pinnacle Financial Partners, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2022

Pinnacle Financial Partners, Inc. to Report Q3, 2022 Results on Oct 18, 2022

Upcoming dividend of US$0.22 per share

Independent Director recently sold €114k worth of stock

Second quarter 2022 earnings released: EPS: US$1.87 (vs US$1.70 in 2Q 2021)

Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend, Payable on August 26, 2022

Pinnacle Financial Partners, Inc. to Report Q2, 2022 Results on Jul 19, 2022

Pinnacle Financial Partners, Inc. and Pinnacle Bank Announces Retirement of Hugh M. Queener as Executive Vice President and Chief Administrative Officer

First quarter 2022 earnings released: EPS: US$1.66 (vs US$1.61 in 1Q 2021)

Upcoming dividend of US$0.22 per share

Pinnacle Financial Partners, Inc. Announces First Quarter of 2022 Cash Dividend, Payable on May 27, 2022

First quarter 2022 earnings released: EPS: US$1.66 (vs US$1.61 in 1Q 2021)

Pinnacle Financial Partners, Inc. to Report Q1, 2022 Results on Apr 18, 2022

Executive VP recently sold €699k worth of stock

Co-Founder & Chairman recently sold €2.0m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently sold €269k worth of stock

Co-Founder & Chairman recently sold €510k worth of stock

Upcoming dividend of US$0.22 per share

Co-Founder & Chairman recently sold €225k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Pinnacle Financial Partners, Inc. Reports Net Charge-Offs for the Quarter Ended December 31, 2021

Co-Founder & Chairman recently sold €844k worth of stock

Upcoming dividend of US$0.18 per share