GrandSouth Bancorporation

OTCPK:GRRB Stock Report

Market Cap: US$207.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

GrandSouth Bancorporation Management

Management criteria checks 4/4

Key information

Mason Garrett

Chief executive officer

US$219.5k

Total compensation

CEO salary percentage91.1%
CEO tenure22.2yrs
CEO ownership17.1%
Management average tenure22.2yrs
Board average tenure16.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mason Garrett's remuneration changed compared to GrandSouth Bancorporation's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2022n/an/a

US$16m

Jun 30 2022n/an/a

US$15m

Mar 31 2022n/an/a

US$16m

Dec 31 2021US$219kUS$200k

US$15m

Sep 30 2021n/an/a

US$14m

Jun 30 2021n/an/a

US$12m

Mar 31 2021n/an/a

US$10m

Dec 31 2020US$215kUS$200k

US$8m

Sep 30 2020n/an/a

US$7m

Jun 30 2020n/an/a

US$7m

Mar 31 2020n/an/a

US$7m

Dec 31 2019US$198kUS$184k

US$8m

Compensation vs Market: Mason's total compensation ($USD219.49K) is below average for companies of similar size in the US market ($USD1.75M).

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


CEO

Mason Garrett (79 yo)

22.2yrs

Tenure

US$219,491

Compensation

Mr. Mason Young Garrett has been the Chairman and Chief Executive Officer of Grandsouth Bancorporation since October 2000. Mr. Garrett Co-Founded GrandSouth Bank and Grandsouth Bancorporation in 1998. Mr....


Leadership Team

NamePositionTenureCompensationOwnership
Mason Garrett
Chairman & CEO22.2yrsUS$219.49k17.13%
$ 35.5m
James Schwiers
President6.9yrsUS$1.17m1.72%
$ 3.6m
John Garrett
Executive VP22.9yrsUS$289.01k3.44%
$ 7.1m

22.2yrs

Average Tenure

64yo

Average Age

Experienced Management: GRRB's management team is seasoned and experienced (22.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mason Garrett
Chairman & CEO34.9yrsUS$219.49k17.13%
$ 35.5m
James Schwiers
President7.9yrsUS$1.17m1.72%
$ 3.6m
John Garrett
Executive VPno dataUS$289.01k3.44%
$ 7.1m
J. Potter
Independent Non-Executive Director3.9yrsUS$22.70k0.055%
$ 114.0k
Baety Gross
Independent Non-Executive Director22.9yrsUS$23.10k0.59%
$ 1.2m
Michael Gault
Independent Non-Executive Director22.9yrsUS$21.90k1.43%
$ 3.0m
Harold Garrett
Non-Executive Director22.9yrsUS$19.90k3.36%
$ 7.0m
S. Howard
Independent Non-Executive Director22.9yrsUS$23.50k0.73%
$ 1.5m
James Pruitt
Independent Non-Executive Director16.4yrsUS$22.70k0.20%
$ 421.8k
Anthony Morgan
Independent Non-Executive Director4.9yrsUS$20.30k1.01%
$ 2.1m
John Shealy
Independent Non-Executive Director5.9yrsUS$21.90k0.067%
$ 138.4k
Edward Rast
Independent Non-Executive Director4.9yrsUS$21.10k0.019%
$ 39.6k

16.4yrs

Average Tenure

67.5yo

Average Age

Experienced Board: GRRB's board of directors are seasoned and experienced ( 16.4 years average tenure).


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