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For two of the top five officers at Great Southern Bancorp Inc. (Nasdaq: GSBC), 2021 brought an increase in compensation, according to the company’s latest proxy filing with the U.S. Securities and Exchange Commission.
The company's highest paid officer, President and CEO Joe Turner, had a 4% increase in total compensation to nearly $1.6 million, according to the SEC filing. His base salary was roughly flat at $254,130, with option awards largely contributing to the compensation increase.
Great Southern's top executives, by total compensation, are:
• Turner, $1.6 million, up 4%;
• board Chair William Turner, $554,325, down 4.7%;
• Chief Financial Officer Rex Copeland, $543,183, down 15%;
• Chief Credit Officer Kevin Baker, $492,551, down 10.4%; and
• Chief Lending Officer John Bugh, $483,730, up 10.8%.
Great Southern Bank in 2021 reported net income of $74.6 million, a 26% increase.
GSBC shares were trading at $58.48 as of 11:02 a.m., compared with a 52-week range of $49.53 to $62.70 per share.
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