Sundar PichaiSundar Pichai earned $164M in 2023
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Charles M. Shaffer

Ex-CEO of Seacoast Banking Corporation of Florida

Education

Bachelor of Science degree in Finance, Bachelor of Arts degree in Accounting, MBA with a finance specialization

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1973 - 52 years ago

Economy Sector

Financial Services

Tenure

2 years 11 months (Jan 2021 - Dec 2023)

Previous Experience

President and Chief Operating Officer of Seacoast since June 2020. Previously served as Chief Financial Officer and Executive Vice President.

Charles M. Shaffer is the CEO of Seacoast Banking Corporation of Florida, having stepped into the role on January 1, 2021. He holds a Bachelor’s degree in Finance and a Bachelor’s in Accounting, along with an MBA in Finance. Before...

Year

2022

Total Compensation

$2.82M

Salary

$720.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder interests and company performance metrics.

Bonus

$1.15M

Board Justification

Annual cash bonuses based on Company performance for the year and the achievement of pre-established individual goals.

Other

$207.50K

Board Justification

Includes contributions to retirement plans, supplemental insurance, and other benefits.

Restricted Stock

$736.46K(22.55K RSU)

Board Justification

Restricted Stock Awards that vested in 2022, reflecting performance in 2021.

Performance Metrics

Average annual EPS growth and average annual return on average tangible common equity (ROATE) were key performance metrics used to determine compensation.