Southern BancShares (N.C.), Inc.

OTCPK:SBNC Stock Report

Market Cap: US$415.8m

Southern BancShares (N.C.) Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Drew Covert

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.9yrs
CEO ownershipn/a
Management average tenure3.9yrs
Board average tenure12.3yrs

Recent management updates

No updates

Recent updates

CEO

Drew Covert (55 yo)

3.9yrs

Tenure

Mr. Drew M. Covert is Chairman at Southern BancShares (N.C.), Inc. He has been Chief Executive Officer & Chairman of the Board of Southern Bank and Trust Company and President of Southern BancShares (NC) s...

Leadership Team

NamePositionTenureCompensationOwnership
Drew Covert
CEO & Chairman3.9yrsno datano data
L. Harrell
President3.9yrsno datano data
David Sauls
Executive VP & CFO2yrsno datano data
Edward Coltrain
Executive VP & COOno datano datano data
Michael Bryant
Executive VP & Regional Executive6.3yrsno datano data
Jerry Alexander
Executive VP & Regional Executive6.3yrsno datano data
Sondra McCorquodale
Executive VP & Chief Digital Officer5.3yrsno datano data
Robert Wood
Executive VP & Chief Credit Officer3.3yrsno datano data
W. Dudley
Executive Vice President of Regional Executiveno datano datano data
Valerie Roberson
Senior VP & Human Resources Managerno datano datano data
W. Waughtel
Executive VP & Regional Executiveno datano datano data
T. Scott
Senior VP & Regional Executiveless than a yearno datano data

3.9yrs

Average Tenure

55yo

Average Age

Experienced Management: SBNC's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Drew Covert
CEO & Chairman10.3yrsno datano data
Hope Bryant
Director32.3yrsUS$15.63kno data
John Pegram
Director27.3yrsUS$53.72kno data
M. McSorley
Director Emeritus5.3yrsUS$20.30kno data
William Bryan
Director32.3yrsUS$20.84kno data
Malcolm Sullivan
Director12.3yrsUS$14.90kno data
Joel Butler
Director10.3yrsUS$11.87kno data
J. Morgan
Director15.3yrsno datano data
Michael Chestnutt
Director12.3yrsUS$21.26kno data
G. Ivey
Director16.7yrsUS$21.38kno data
Julian Aycock
Director11.3yrsUS$15.63kno data
Thomas Sallenger
Director11.3yrsUS$12.90kno data

12.3yrs

Average Tenure

67yo

Average Age

Experienced Board: SBNC's board of directors are seasoned and experienced ( 12.3 years average tenure).

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