Dennis E. Nixon has been at the helm of International Bancshares Corp (IBOC) since May 2021. Before this, he held leadership positions in the same company in various roles since 1999. Starting his career with a solid base, he earned...

Number of Employees

2.29K

Year

2023

Total Compensation

$2.40M

Salary

$660.00K

Board Justification

To maximize long-term return to shareholders while providing competitive salaries and appropriate incentives to achieve long-term shareholder return.

Bonus

$1.50M

Board Justification

Awarded under the Management Incentive Plan (MIP) for achieving performance targets in 2023.

Other

$243.03K

Board Justification

Includes perquisites such as club memberships, health premiums, profit sharing contributions, and personal administrative services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023.

Performance Metrics

Performance targets included a .90% return on average total assets or an 8% return on average total shareholders’ equity.

SEC Filing

From April 22, 2024

Dennis E. Nixon

Ex-CEO of International Bancshares

DE

Education

Bachelor's degree in Finance from the University of Texas at Austin

Field of Expertise

Finance & Banking - Finance

Born

October 15, 1950 - 74 years ago

Is Founder?

No

Tenure

12 years 4 months (Dec 2008 - May 2021)

Previous Experience

Various positions at International Bancshares Corporation since 1982