Origin Bancorp Management
Management criteria checks 4/4
Origin Bancorp's CEO is Drake Mills, appointed in Jan 1998, has a tenure of 26.33 years. total yearly compensation is $1.72M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth $6.40M. The average tenure of the management team and the board of directors is 5 years and 8.3 years respectively.
Key information
Drake Mills
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 48.5% |
| CEO tenure | 26.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 5yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
Origin Bancorp (NYSE:OBK) Is Paying Out A Dividend Of $0.15
Oct 29
Origin Bancorp's (NASDAQ:OBNK) Dividend Will Be $0.15
Apr 30If EPS Growth Is Important To You, Origin Bancorp (NASDAQ:OBNK) Presents An Opportunity
Oct 18Origin Bancorp appoints Wally Wallace as CFO
Jul 27Shareholders approve proposed merger between Origin Bancorp, BT Holdings
Jun 30Origin Bancorp (NASDAQ:OBNK) Is Increasing Its Dividend To US$0.15
May 02Origin Bancorp: Underappreciated LA Bank With TX Exposure
Feb 16Here's Why I Think Origin Bancorp (NASDAQ:OBNK) Might Deserve Your Attention Today
Nov 04Origin Bancorp's (NASDAQ:OBNK) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 01Should You Be Adding Origin Bancorp (NASDAQ:OBNK) To Your Watchlist Today?
Jun 21Origin Bancorp increases dividend by 30% to $0.13
Apr 28How Much Are Origin Bancorp, Inc. (NASDAQ:OBNK) Insiders Spending On Buying Shares?
Mar 04Origin Bancorp (NASDAQ:OBNK) Could Be A Buy For Its Upcoming Dividend
Feb 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$82m |
| Dec 31 2023 | US$2m | US$836k | US$84m |
| Sep 30 2023 | n/a | n/a | US$100m |
| Jun 30 2023 | n/a | n/a | US$92m |
| Mar 31 2023 | n/a | n/a | US$91m |
| Dec 31 2022 | US$10m | US$836k | US$88m |
| Sep 30 2022 | n/a | n/a | US$87m |
| Jun 30 2022 | n/a | n/a | US$97m |
| Mar 31 2022 | n/a | n/a | US$104m |
| Dec 31 2021 | US$2m | US$836k | US$109m |
| Sep 30 2021 | n/a | n/a | US$98m |
| Jun 30 2021 | n/a | n/a | US$84m |
| Mar 31 2021 | n/a | n/a | US$61m |
| Dec 31 2020 | US$2m | US$836k | US$36m |
| Sep 30 2020 | n/a | n/a | US$32m |
| Jun 30 2020 | n/a | n/a | US$33m |
| Mar 31 2020 | n/a | n/a | US$40m |
| Dec 31 2019 | US$2m | US$836k | US$54m |
| Sep 30 2019 | n/a | n/a | US$54m |
| Jun 30 2019 | n/a | n/a | US$52m |
| Mar 31 2019 | n/a | n/a | US$51m |
| Dec 31 2018 | US$3m | US$836k | US$49m |
| Sep 30 2018 | n/a | n/a | US$40m |
| Jun 30 2018 | n/a | n/a | US$25m |
| Mar 31 2018 | n/a | n/a | US$16m |
| Dec 31 2017 | US$1m | US$836k | US$10m |
Compensation vs Market: Drake's total compensation ($USD1.72M) is below average for companies of similar size in the US market ($USD3.36M).
Compensation vs Earnings: Drake's compensation has been consistent with company performance over the past year.
CEO
Drake Mills (62 yo)
26.3yrs
Tenure
US$1,722,491
Compensation
Mr. Drake D. Mills has been Director of Origin Bank and has been its Chairman of the Board. Mr. Mills had been the Chief Executive Officer of Origin Bank since January 2003. Mr. Mills has been the Chairman...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 26.3yrs | US$1.72m | 0.63% $ 6.4m | |
| CFO & Senior Executive Officer | 1.8yrs | US$850.21k | 0.014% $ 144.5k | |
| Senior Executive Officer & Chief Legal Counsel | no data | US$969.27k | 0.033% $ 329.2k | |
| Chief Credit & Banking Officer and Senior Executive Officer | 4.6yrs | US$879.09k | 0.19% $ 1.9m | |
| President & CEO of Origin Bank | 5.8yrs | US$1.21m | 0.19% $ 1.9m | |
| Chief Operations Officer | no data | no data | no data | |
| Senior Executive Officer & Chief Accounting Officer | 1.8yrs | US$1.10m | 0.066% $ 665.8k | |
| Investor Relations | no data | no data | no data | |
| Director of Finance & Corporate Development | less than a year | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | no data | |
| Chief Community Banking Officer of Origin Bank | 5.3yrs | no data | no data | |
| Chief Dream Manager & Talent Development Officer of Origin Bank | 5.3yrs | no data | no data |
5.0yrs
Average Tenure
60yo
Average Age
Experienced Management: OBK's management team is considered experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.3yrs | US$1.72m | 0.63% $ 6.4m | |
| Independent Director | 4.3yrs | US$86.03k | 0.019% $ 187.8k | |
| Lead Independent Director | 11.3yrs | US$112.03k | 0.14% $ 1.4m | |
| Independent Director | 25.3yrs | US$90.03k | 2.16% $ 21.8m | |
| Independent Director | 5.1yrs | US$86.03k | 0.020% $ 206.7k | |
| Independent Director | 8.3yrs | US$94.03k | 0.055% $ 559.1k | |
| Independent Director | 8.3yrs | US$88.03k | 0.18% $ 1.8m | |
| Independent Director | 7.3yrs | US$88.03k | 0.51% $ 5.1m | |
| Independent Director | 33.3yrs | US$96.03k | 0.68% $ 6.9m | |
| Independent Director | 11.3yrs | US$104.03k | 0.032% $ 321.1k | |
| Independent Director | 3.1yrs | US$84.03k | 0.011% $ 108.5k | |
| Independent Director | 3.1yrs | US$88.03k | 0.011% $ 108.5k |
8.3yrs
Average Tenure
64.5yo
Average Age
Experienced Board: OBK's board of directors are considered experienced (8.3 years average tenure).