Sundar PichaiSundar Pichai earned $164M in 2023

Duane A. Dewey is the CEO of Trustmark Corp, a role he has held since January 2021 after transitioning from President of Corporate Banking. He has a wealth of experience in banking, having started his career in 1985 at Republic...

Quick Links
T

Duane A. Dewey

CEO of Trustmark

Education

Bachelor's degree in Business Administration from the University of Mississippi

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

Born

January 1, 1958 - 67 years ago

CEO of Trustmark for

4 years 3 months (Jan 2021 - Present)

Previous Experience

President of Corporate Banking at Trustmark

Holdings

See how much did Duane A. Dewey make over time.

As the CEO of Trustmark Corp, Duane A. Dewey has seen fluctuations in his holdings, particularly during the changing market conditions of the past few years. Notable peaks occurred when his compensation reached approximately $2.84 million in 2023, alongside significant...

Mar 18, 2025

Total Stock Sold

$878.74K

TRMK

$878.74K

30,748 TRMK shares

What if they kept their stock?

If Duane A. Dewey didn't sell their stock, today they would have:
Extra TRMK30,748 shares worth $827.74K.
This is -5.8% and $51.01K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Duane A. Dewey.

TRMK

22,162 shares

TRMK

Feb 11, 2025

Received

TRMK

15,811 shares

TRMK

Feb 14, 2024

Received

TRMK

12,226 shares

TRMK

Feb 13, 2024

Received

TRMK

14,096 shares

TRMK

Feb 15, 2023

Received

TRMK

5,129 shares

TRMK

Feb 14, 2023

Received

TRMK

12,244 shares

TRMK

Feb 16, 2022

Received

TRMK

1,936 shares

TRMK

Feb 15, 2022

Received

TRMK

10,145 shares

TRMK

Feb 17, 2021

Received

TRMK

2,999 shares

TRMK

Feb 16, 2021

Received

TRMK

11,079 shares

TRMK

Jan 4, 2021

Received

Compensation History

See how much did Duane A. Dewey make over time.

In 2023, Duane A. Dewey earned total compensation of about $2.84 million as CEO of Trustmark Corp. His pay included a salary of $841,667 and a bonus amounting to $870,060, recognized under an incentive plan approved by the Board. Additionally, he received vested stock worth approximately $312,009, based on performance measures achieved during the year. Dewey's compensation strategy aligns with the company’s performance, as evidenced by the decrease in pay from the previous year, even as net income spiked significantly. This highlights the bank’s commitment to aligning leadership incentives with corporate performance metrics like earnings per share and overall efficiency. In an increasingly competitive banking environment, his pay reflects both challenges and successes within the financial landscape.

Year

2023

Total Compensation

$2.20M

Salary

$841.67K

Board Justification

Trustmark's compensation philosophy aims to align executive compensation with company performance, peer benchmarking, and retention strategies, ensuring that compensation reflects the company's financial health and strategic goals.

Bonus

$870.06K

Board Justification

Annual cash bonuses for 2023 performance under the management incentive plan, approved by the Committee on February 13, 2024, and by the Board on February 14, 2024.

Other

$172.49K

Board Justification

Includes use of company airplane, automobile allowance, dividends on unvested time-based restricted stock, club dues, 401(k) match, and contributions under the NQDC Plan.

Restricted Stock

$312.01K(10.54K common stock)

Board Justification

Restricted stock that vested during 2023, based on performance measures achieved.

Performance Metrics

Key performance metrics include EPS, efficiency ratio, non-performing assets/total loans + ORE, and non-interest expense (core).

Other Trustmark CEOs

Here are other CEOs of Trustmark