Robert R. Hill, Jr. has been a key figure in the banking world since joining SouthState Corporation in 1995. He quickly climbed the ranks, becoming President and Chief Executive Officer by 2004, and later took on the role of Executive...
Robert R. Hill, Jr. has been a key figure in the banking world since joining SouthState Corporation in 1995. He quickly climbed the ranks, becoming President and Chief Executive Officer by 2004, and later took on the role of Executive Chairman. Hill holds a degree from The Citadel and has diverse experience in banking. His leadership during major transitions, like mergers, has been notable. For instance, in 2020, he did not receive bonuses or stock grants as the company focused on integration efforts, a reflection of his commitment to the company’s stability. His compensation peaked at over $12.8 million in 2020, including a one-time cash payment associated with a merger. Hill also actively managed his investment, revealing insider trading values peaking around $13.9 million in January 2021, showcasing a significant financial stake in SouthState. After a long tenure, Hill's recent decision to step down as Executive Chairman signals a shift in the company’s governance structure, aiming for a more independent board. With decades of experience, he leaves a marked impact on SouthState and its future dealings.