David Zalman is the Senior Chairman and CEO of Prosperity Bancshares Inc. He has been leading the company since it took over the banks and has seen substantial growth in its assets and market share. Born on February 1, 1956,...
David Zalman is the Senior Chairman and CEO of Prosperity Bancshares Inc. He has been leading the company since it took over the banks and has seen substantial growth in its assets and market share. Born on February 1, 1956, David has built his career in finance without specified formal education, which shows how experience can sometimes outweigh traditional pathways. His earnings tell a story of rapid success; in 2023, he earned about $3.2 million, which is a significant bump from just over $200,000 in 2022. This reflects not only his responsibilities but also the company's performance under his leadership. Interestingly, he has also been involved in some insider trading, indicating a strong belief in his company's growth, peaking around $64 million in 2021 before seeing changes in the markets. David's strategic decisions have enabled the company to offer better bonuses to employees and rewards that aim to align everyone's interests. His recent employment agreement removed age limits for his tenure, meaning he plans to stay on longer. With these moves, he's made it clear: he does not intend to slow down anytime soon.