Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Dennis E. Nixon

Ex-CEO of International Bancshares

Education

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

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

October 15, 1950 - 74 years ago

CEO of International Bancshares for

12 years 4 months (Dec 2008 - May 2021)

Previous Experience

Various positions at International Bancshares Corporation since 1982

Holdings

See how much did Dennis E. Nixon make over time.

Dennis E. Nixon's holdings reflect his long-term commitment to International Bancshares Corp (IBOC). As CEO, he has maintained a significant share in the company since 1999. There have been fluctuations over the years, notably when his wealth peaked in 2021,...

Mar 18, 2025

Charitable Transactions

IBOC

1,822,355 shares

IBOC

Recent Charitable Transactions

IBOC

5,792 shares

IBOC

Feb 7, 2023

Charity

IBOC

3,355 shares

IBOC

Nov 3, 2022

Charity

IBOC

807 shares

IBOC

Aug 30, 2022

Charity

IBOC

799 shares

IBOC

Feb 25, 2022

Charity

IBOC

400,000 shares

IBOC

Sep 16, 2021

Charity

IBOC

1,000,797 shares

IBOC

Aug 30, 2021

Charity

Insider Trading

See recent insider trades of Dennis E. Nixon.

IBOC

5,792 shares

IBOC

Feb 7, 2023

Charity

IBOC

3,355 shares

IBOC

Nov 3, 2022

Charity

IBOC

807 shares

IBOC

Aug 30, 2022

Charity

IBOC

807 shares

IBOC

Aug 30, 2022

Charity

IBOC

799 shares

IBOC

Feb 25, 2022

Charity

IBOC

799 shares

IBOC

Feb 25, 2022

Charity

IBOC

400,000 shares

IBOC

Sep 16, 2021

Charity

IBOC

1,000,797 shares

IBOC

Aug 30, 2021

Charity

IBOC

6,498 shares

IBOC

Jul 7, 2021

Charity

IBOC

755 shares

IBOC

Mar 1, 2021

Charity

Compensation History

See how much did Dennis E. Nixon make over time.

In 2023, Dennis E. Nixon's total compensation reached approximately $2.4 million. His salary has remained a consistent $660,000 over the years, but it’s the bonuses that stand out. Awarded under the Management Incentive Plan, Nixon received a $1.5 million bonus in 2023, indicating that performance metrics surrounding return on assets and equity have been met. This pattern reveals a focus on achieving concrete goals rather than just a salary increase. For example, his compensation in 2021 peaked at nearly $2.9 million, driven by company performance, which reflects his ability to lead effectively during complex periods. Over the years, Nixon’s approach to compensation has been methodical. He has not overly relied on stock awards, with none vested in recent years. Instead, his focus lies on salary stability and generous performance-based bonuses, aligning his interests with those of shareholders. Such strategic compensation planning suggests he is confident in navigating IBOC through financial challenges, ensuring mutual growth between the company and its leaders.

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.

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