Gerard R. Host is the former President and CEO of Trustmark Corporation. He has been with the company since 1984, starting in various roles including President of General Banking. During his leadership, Trustmark saw significant growth and stability in the...

Current Market Cap

$2.32B

Number of Employees

2.76K

Total Compensation

2017 - 2021

Trending down by -3.35% last year
Showing total compensation for the last 2017 - 2021

Stock

Up by 79.96% last year

Salary

Up by 27.27% last year

Bonus

Down by -49.92% last year

Other

Down by -15.93% last year

Year

2021

Total Compensation

$2.36M

Salary

$700.00K

Board Justification

Trustmark's compensation philosophy emphasizes competitive pay to attract and retain top executives, aligning compensation with company performance and market benchmarks.

Bonus

$615.79K

Board Justification

The bonus is based on the annual management incentive plan, with a target payout level established in the employment agreement, and is linked to performance metrics such as EPS and operational drivers.

Other

$128.99K

Board Justification

Other compensation includes the use of a company airplane, automobile allowance, dividends on unvested time-based restricted stock, club dues, and 401(k) match.

Restricted Stock

$914.94K(914.94K RSU)

Board Justification

The stock awarded in 2021 was granted solely in the form of time-based RSUs, which vest 100% at February 17, 2024, if the executive remains employed through such date.

Performance Metrics

The performance metrics for 2021 included EPS as the corporate goal and various operational drivers, with performance results exceeding target levels.

SEC Filing

From March 14, 2022