Independent Bank Group Management
Management criteria checks 4/4
Independent Bank Group's CEO is David Brooks, appointed in Jan 2002, has a tenure of 22.83 years. total yearly compensation is $3.22M, comprised of 29.8% salary and 70.2% bonuses, including company stock and options. directly owns 1.69% of the company’s shares, worth $45.56M. The average tenure of the management team and the board of directors is 3.1 years and 11.8 years respectively.
Key information
David Brooks
Chief executive officer
US$3.2m
Total compensation
CEO salary percentage | 29.8% |
CEO tenure | 22.8yrs |
CEO ownership | 1.7% |
Management average tenure | 3.1yrs |
Board average tenure | 11.8yrs |
Recent management updates
Recent updates
The Merger Between Independent Bank Group And SouthState Corporation Is Unexciting
Jun 29Independent Bank Group: Holding The Line For Now
Feb 24Earnings Miss: Independent Bank Group, Inc. Missed EPS By 20% And Analysts Are Revising Their Forecasts
Jan 25Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jul 30Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jan 27Independent Bank Group declares $0.38 dividend
Jul 25Does Independent Bank Group (NASDAQ:IBTX) Deserve A Spot On Your Watchlist?
Mar 28Analysts Are Updating Their Independent Bank Group, Inc. (NASDAQ:IBTX) Estimates After Its Full-Year Results
Jan 27With EPS Growth And More, Independent Bank Group (NASDAQ:IBTX) Is Interesting
Dec 09Independent Bank: Gearing Up For Continued Success
Aug 05CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -US$432m |
Jun 30 2024 | n/a | n/a | -US$420m |
Mar 31 2024 | n/a | n/a | US$105m |
Dec 31 2023 | US$3m | US$959k | US$43m |
Sep 30 2023 | n/a | n/a | US$69m |
Jun 30 2023 | n/a | n/a | US$88m |
Mar 31 2023 | n/a | n/a | US$107m |
Dec 31 2022 | US$3m | US$847k | US$195m |
Sep 30 2022 | n/a | n/a | US$208m |
Jun 30 2022 | n/a | n/a | US$208m |
Mar 31 2022 | n/a | n/a | US$214m |
Dec 31 2021 | US$3m | US$824k | US$223m |
Sep 30 2021 | n/a | n/a | US$227m |
Jun 30 2021 | n/a | n/a | US$234m |
Mar 31 2021 | n/a | n/a | US$215m |
Dec 31 2020 | US$4m | US$799k | US$200m |
Sep 30 2020 | n/a | n/a | US$192m |
Jun 30 2020 | n/a | n/a | US$188m |
Mar 31 2020 | n/a | n/a | US$199m |
Dec 31 2019 | US$2m | US$765k | US$191m |
Sep 30 2019 | n/a | n/a | US$176m |
Jun 30 2019 | n/a | n/a | US$156m |
Mar 31 2019 | n/a | n/a | US$136m |
Dec 31 2018 | US$2m | US$725k | US$127m |
Sep 30 2018 | n/a | n/a | US$113m |
Jun 30 2018 | n/a | n/a | US$101m |
Mar 31 2018 | n/a | n/a | US$90m |
Dec 31 2017 | US$2m | US$700k | US$77m |
Compensation vs Market: David's total compensation ($USD3.22M) is below average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Brooks (65 yo)
22.8yrs
Tenure
US$3,217,738
Compensation
Mr. David R. Brooks is Chairman of the Board, Chief Executive Officer and a Director of the Independent Bank and Independent Bank Group, Inc. since 2002. He founded Independent Bank Group, Inc. in 1988. Mr...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of the Board & CEO | 22.8yrs | US$3.22m | 1.69% $ 45.6m | |
President & COO | 3.1yrs | US$1.48m | 0.12% $ 3.2m | |
Executive VP & CFO | 2.3yrs | US$892.25k | 0.031% $ 846.8k | |
Executive VP & Chief Risk Officer | 3.3yrs | US$1.04m | 0.026% $ 702.4k | |
Chief Accounting Officer | no data | no data | 0.032% $ 860.3k | |
EVP & Chief Information Officer | 2.5yrs | no data | no data | |
Executive Vice President of Corporate Responsibility | 6.8yrs | US$1.01m | 0.054% $ 1.5m | |
Senior VP & Director of Financial Reporting | no data | no data | no data | |
Senior Vice President SBA Business Development Officer | 5.2yrs | no data | no data | |
EVP & Head of Operations | 2.5yrs | no data | no data | |
Executive VP & Chief Banking Officer | 2.2yrs | no data | no data | |
Executive VP & Chief Legal Officer | no data | no data | no data |
3.1yrs
Average Tenure
55yo
Average Age
Experienced Management: IBTX's management team is considered experienced (3.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of the Board & CEO | 22.8yrs | US$3.22m | 1.69% $ 45.6m | |
Independent Director | 11.8yrs | US$147.00k | 0.056% $ 1.5m | |
Independent Director | 3.6yrs | US$127.00k | 0.012% $ 327.8k | |
Independent Director | 10.6yrs | US$127.00k | 0.14% $ 3.7m | |
Independent Director | 1.5yrs | US$126.33k | 0.0079% $ 214.1k | |
Vice Chairman | 22.8yrs | US$1.27m | 0.32% $ 8.7m | |
Independent Director | 15.8yrs | US$142.00k | 0.56% $ 15.1m | |
Lead Independent Director | 11.8yrs | US$177.00k | 0.14% $ 3.7m | |
Independent Director | 11.8yrs | US$142.00k | 0.077% $ 2.1m | |
Independent Director | 10.6yrs | US$127.00k | 0.36% $ 9.6m | |
Independent Director | 5.5yrs | US$127.00k | 0.028% $ 753.4k |
11.8yrs
Average Tenure
64yo
Average Age
Experienced Board: IBTX's board of directors are seasoned and experienced ( 11.8 years average tenure).