George Pereira's holdings are a topic of interest post-appointment as CEO of Pacific Premier Bancorp. Since joining, his financial stakes in the company have grown significantly. In 2022, his total compensation was approximately $2.5 million, a notable increase reflecting the...
George Pereira's holdings are a topic of interest post-appointment as CEO of Pacific Premier Bancorp. Since joining, his financial stakes in the company have grown significantly. In 2022, his total compensation was approximately $2.5 million, a notable increase reflecting the bank's performance and his contributions as a leader. Most of his wealth is tied to the restricted stock units (RSUs) which will vest over the next few years. At his appointment, he began with minimal holdings, but he has taken active steps toward increasing his involvement in company shares. As of now, he holds around 70,301 RSUs, part of a performance-based structure that aims to align his interests with those of the company and its shareholders. This indicates a significant commitment to the company's success, as his financial viability is linked directly to the bank's performance metrics. His stock will vest progressively, showing a long-term outlook towards his alignment with the firm’s growth and prosperity over the coming years.