H. Palmer Proctor, Jr. is the CEO of Ameris Bancorp, where he has been leading since the acquisition of Fidelity in July 2019. With a strong background in banking, Proctor has demonstrated a commitment to enhancing company performance, evident from...
H. Palmer Proctor, Jr. is the CEO of Ameris Bancorp, where he has been leading since the acquisition of Fidelity in July 2019. With a strong background in banking, Proctor has demonstrated a commitment to enhancing company performance, evident from the impressive financial metrics that shape his annual incentives. His total compensation for 2023 reached over $5 million, driven by his salary, bonuses, and stock vesting. In 2023, he realized substantial gains from stock vesting, totaling around $1.9 million from 38,063 shares, illustrating his vested interest in the company’s performance. Notably, he has a clear employment agreement that safeguards his position with benefits and severance packages that reflect the company's commitment to its leadership. His efforts in aligning executive pay with performance metrics are crucial as Ameris Bancorp aims for sustainable growth in a competitive market. Proctor's journey reflects a blend of strategic management skills with a pragmatic approach to balancing risk and reward in the banking sector.