Bank OZK Management

Management criteria checks 2/4

Bank OZK's CEO is George Gleason, appointed in Jan 2022, has a tenure of 1.92 years. total yearly compensation is $6.09M, comprised of 20.4% salary and 79.6% bonuses, including company stock and options. directly owns 5.04% of the company’s shares, worth MX$4.47B. The average tenure of the management team and the board of directors is 1.9 years and 8.1 years respectively.

Key information

George Gleason

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage	20.4%
CEO tenure	1.9yrs
CEO ownership	5.0%
Management average tenure	1.9yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has George Gleason's remuneration changed compared to Bank OZK's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	US$662m
Jun 30 2023	n/a	n/a	US$621m
Mar 31 2023	n/a	n/a	US$585m
Dec 31 2022	US$6m	US$1m	US$548m
Sep 30 2022	n/a	n/a	US$538m
Jun 30 2022	n/a	n/a	US$540m
Mar 31 2022	n/a	n/a	US$559m
Dec 31 2021	US$5m	US$1m	US$579m
Sep 30 2021	n/a	n/a	US$550m
Jun 30 2021	n/a	n/a	US$529m
Mar 31 2021	n/a	n/a	US$428m
Dec 31 2020	US$5m	US$1m	US$292m
Sep 30 2020	n/a	n/a	US$272m
Jun 30 2020	n/a	n/a	US$267m
Mar 31 2020	n/a	n/a	US$327m
Dec 31 2019	US$5m	US$1m	US$426m
Sep 30 2019	n/a	n/a	US$440m
Jun 30 2019	n/a	n/a	US$410m
Mar 31 2019	n/a	n/a	US$415m
Dec 31 2018	US$6m	US$1m	US$417m
Sep 30 2018	n/a	n/a	US$448m
Jun 30 2018	n/a	n/a	US$470m
Mar 31 2018	n/a	n/a	US$446m
Dec 31 2017	US$7m	US$1m	US$422m
Sep 30 2017	n/a	n/a	US$364m
Jun 30 2017	n/a	n/a	US$344m
Mar 31 2017	n/a	n/a	US$307m
Dec 31 2016	US$6m	US$1m	US$270m

Compensation vs Market: George's total compensation ($USD6.09M) is above average for companies of similar size in the MX market ($USD2.75M).

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

CEO

George Gleason (69 yo)

1.9yrs

Tenure

US$6,090,559

Compensation

Mr. George G. Gleason, II has been Chairman of the Board and Chief Executive Officer of Bank OZK (formerly known as Bank of the Ozarks) since 1979. Mr. Gleason’s qualifications to serve on the Board includ...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
George Gleason	Chairman & CEO	1.9yrs	US$6.09m	5.04% $ 4.5b
Paschall Hamblen	President	2.4yrs	US$2.72m	0.068% $ 60.1m
Tim Hicks	Chief Financial Officer	1.5yrs	US$2.17m	0.085% $ 75.5m
Cynthia Wolfe	Chief Operating Officer	1.5yrs	US$1.20m	0.035% $ 31.5m
Scott Trapani	Chief Risk Officer	4.8yrs	US$972.17k	0.0067% $ 6.0m
Stan Thomas	Chief Accounting Officer	3.9yrs	no data	0.0062% $ 5.5m
Patrick Carr	Managing Director of Corporate Finance Data & Technology	1.9yrs	no data	no data
Jason Cathey	Chief Information Officer	1.6yrs	no data	0.0043% $ 3.8m
Tamara Gotham	Chief Administrative Officer	1.5yrs	no data	0.0030% $ 2.7m
Helen Brown	General Counsel & Corporate Secretary	5.4yrs	no data	0.015% $ 13.2m
Candace Graham	Executive VP & Director of Corporate Communication	no data	no data	no data
John Carter	Chief Credit Officer	less than a year	US$883.10k	no data

1.9yrs

Average Tenure

50yo

Average Age

Experienced Management: OZK *'s management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
George Gleason	Chairman & CEO	44.9yrs	US$6.09m	5.04% $ 4.5b
Robert East	Independent Director	26.4yrs	US$184.73k	0.14% $ 121.2m
Paula H. Cholmondeley	Independent Director	7.6yrs	US$182.23k	0.020% $ 17.3m
Christopher Orndorff	Independent Director	5.6yrs	US$155.98k	0.030% $ 26.5m
Steven Sadoff	Independent Director	5.3yrs	US$164.73k	0.010% $ 9.2m
Jeffrey Gearhart	Independent Director	5.6yrs	US$242.23k	0.019% $ 16.6m
William Koefoed	Independent Director	8.6yrs	US$184.73k	0.015% $ 12.9m
Ross Whipple	Independent Director	9.6yrs	US$169.73k	0.87% $ 770.9m
Nicholas Brown	Independent Lead Director	11.7yrs	US$214.73k	0.027% $ 23.8m
Peter Kenny	Independent Director	10.7yrs	US$239.73k	0.0089% $ 7.9m
Kathleen Franklin	Independent Director	6.6yrs	US$170.98k	0.012% $ 10.9m
Beverly Cole	Independent Director	5.3yrs	US$180.98k	0.011% $ 9.7m

8.1yrs

Average Tenure

66yo

Average Age

Experienced Board: OZK *'s board of directors are considered experienced (8.1 years average tenure).

Bank OZK Management

Management criteria checks 2/4

Key information

Recent management updates

Bank OZK, Annual General Meeting, May 06, 2024

Bank OZK Appoints Randall Bond as Regional Director for Trust and Wealth Group in Arkansas and Texas

Insufficient new directors

Chief Risk Officer recently sold Mex$3.0m worth of stock

Insufficient new directors

Bank OZK Appoints Jordan Waldrep as Chief Investment Officer, Trust and Wealth

Recent updates

Bank OZK Declares Quarterly Cash Dividend on Common Stock, Payable on April 19, 2024

Bank OZK to Report Q1, 2024 Results on Apr 17, 2024

Bank OZK, Annual General Meeting, May 06, 2024

Bank OZK Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Bank OZK Declares Quarterly Cash Dividend, Payable on January 23, 2024

Bank OZK to Report Q4, 2023 Results on Jan 18, 2024

Bank OZK Appoints Randall Bond as Regional Director for Trust and Wealth Group in Arkansas and Texas

Bank OZK Announces Net Charge-Offs for the Third Quarter Ended September 30, 2023

Bank OZK Announces Net Charge-Offs for the Third Quarter Ended September 30, 2023

Bank Ozk Declares Quarterly Cash Dividend, Payable on October 20, 2023

Bank OZK to Report Q3, 2023 Results on Oct 19, 2023

New minor risk - Insider selling

Bank OZK to Report Q2, 2023 Results on Jul 20, 2023

Insufficient new directors

Chief Risk Officer recently sold Mex$3.0m worth of stock

Insufficient new directors

Bank OZK Announces Quarterly Common Stock Dividend, Payable on January 24, 2023

Bank OZK to Report Q4, 2022 Results on Jan 19, 2023

Bank OZK Appoints Jordan Waldrep as Chief Investment Officer, Trust and Wealth

Bank OZK (NasdaqGS:OZK) announces an Equity Buyback for $300 million worth of its shares.

Bank OZK Declares A Quarterly Cash Dividend on the Common Stock, Payable on October 21, 2022

Bank OZK to Report Q3, 2022 Results on Oct 20, 2022

Bank OZK Declares Quarterly Dividend, Payable on July 22, 2022

Bank OZK to Report Q2, 2022 Results on Jul 21, 2022

Insufficient new directors

Insufficient new directors

Bank OZK Appoints Chris Henry as Managing Director, Trust and Wealth Group

Bank OZK Announces Quarterly Common Stock Dividend, Payable on April 22, 2022

Bank OZK to Report Q1, 2022 Results on Apr 21, 2022

Independent Director recently sold Mex$8.9m worth of stock

Insider recently sold Mex$6.4m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Independent Director recently bought Mex$571k worth of stock

Independent Director recently sold Mex$6.0m worth of stock

Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.84 in 3Q 2020)

Upcoming dividend of US$0.29 per share

Second quarter 2021 earnings released: EPS US$1.16 (vs US$0.39 in 2Q 2020)

Bank OZK (NasdaqGS:OZK) announces an Equity Buyback for $300 million worth of its shares.

Chief Financial Officer recently sold Mex$7.2m worth of stock

First quarter 2021 earnings released

Independent Director has left the company

Independent Director has left the company

First quarter 2021 earnings released: EPS US$1.15 (vs US$0.092 in 1Q 2020)

Chairman & CEO recently sold Mex$23m worth of stock

Investor sentiment improved over the past week

Bank OZK Names Alan Randolph as Regional Director for Community Banking in Four States

Bank Ozk Names Jake Shapiro as Managing Director, Digital Banking

Insider recently sold Mex$2.4m worth of stock

Insider recently sold Mex$300k worth of stock

Insider recently sold Mex$277k worth of stock

Bank OZK Names Terri Bunten Guthrie as Division President for Metro Atlanta

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

Bank OZK to Report Q3, 2020 Results on Oct 22, 2020

Independent Director recently bought Mex$758k worth of stock

Independent Director recently bought Mex$758k worth of stock

First half earnings released

Sharonview Federal Credit Union entered into a Purchase and Assumption Agreement to acquire Two South Carolina branches of Bank OZK (NasdaqGS:OZK).

Bank OZK to Report Q2, 2020 Results on Jul 23, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members