Sundar PichaiSundar Pichai earned $164M in 2023
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Michael L. Kubacki

Ex-CEO of Lakeland Financial

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Born

May 15, 1948 - 76 years ago

Economy Sector

Financial Services

Tenure

14 years 3 months (Jan 2000 - Apr 2014)

Previous Experience

Various executive roles in banking

Michael L. Kubacki is the former CEO of Lakeland Financial Corporation, a position he held from January 2009 until April 2014, when he transitioned to the role of Executive Chairman. He has a solid background in finance, holding a Bachelor's...

Year

2014

Total Compensation

$1.23M

Salary

$500.00K

Board Justification

The compensation philosophy aligns executive compensation with long-term strategic goals and performance metrics to ensure retention and motivation of key executives.

Bonus

$200.00K

Board Justification

Target annual bonus of 40% of annual base salary based on company performance metrics.

Other

$22.45K

Board Justification

Includes 401(k) match, country club memberships, and cell phone stipends.

Restricted Stock

$507.23K(13.44K RSU)

Board Justification

Performance-based restricted stock units that vested in 2014 under the LTI Plan for the 2014-2016 performance period.

Performance Metrics

Performance metrics include return on beginning equity, return on average assets, revenue growth, and diluted earnings per share growth.