Last $58.85 USD
Change Today +0.02 / 0.03%
Volume 197.6K
PB On Other Exchanges
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As of 8:04 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

David Zalman

Chairman, Chief Executive Officer, President, Senior Chairman of the Board for Prosperity Bank, Chief Executive Officer of Prosperity Bank and President of Prosperity Bank, Prosperity Bancshares Inc.
AgeTotal Calculated CompensationThis person is connected to 18 board members in 2 different organizations across 3 different industries.

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57$2,543,869
As of Fiscal Year 2013

Background*

Mr. David Zalman has been the Chairman of Prosperity Bancshares Inc. since April 2006 and has been its President and Chief Executive Officer since November 26, 2012 and 2001 respectively. Mr. Zalman has been the Chief Executive Officer of Prosperity Bank, a subsidiary of Prosperity Bancshares Inc since 2001, its President since November 26, 2012 and also has been its Senior Chairman of the Board since 2005. He serves as a founding Principal of New ICM LP, a manufacturer ...

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Corporate Headquarters*

Prosperity Bank Plaza
Houston, Texas 77027

United States

Phone: 713-693-9300
Fax: --

Board Members Memberships*

Senior Chairman, Chief Executive Officer, Chairman of Prosperity Bancshares, Inc and Chief Executive Officer of Prosperity Bancshares, Inc
Former Chairman
1987-Present
Chairman, Chief Executive Officer, President, Senior Chairman of the Board for Prosperity Bank, Chief Executive Officer of Prosperity Bank and President of Prosperity Bank

Education*

BBA 1978
The University of Texas System

Other Affiliations*

Annual Compensation*

Salary$776,600
Bonus$800,000
Total Annual Compensation$1,576,600

Stock Options*

Restricted Stock Awards$196,509
All Other Compensation$55,390
Exercised Options70,000
Exercised Options Value$2,535,400
Total Value of Options$2,535,400
Total Number of Options70,000

Total Compensation*

Total Annual Cash Compensation$2,347,360
Total Short Term Compensation$1,576,600
Other Long Term Compensation$251,899
Total Calculated Compensation$2,543,869
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
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Compensation
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Synovus Financial Corporation
$1.2M
Raymond Preston Davis Chief Executive Officer, President, Director, Member of Executive Committee, Member of Finance & Capital Committee, Member of Enterprise Risk & Credit Committee, Chief Executive Officer of Umpqua Bank, President of Umpqua Bank and Director of Umpqua Bank
Umpqua Holdings Corporation
$815.0K
Matthew P. Wagner Chief Executive Officer, President, Director, Member of Executive Committee, Member of Asset Liability Management Committee, Member of Risk Committee, Chief Executive Officer of Pacific Western Bank and Director of Pacific Western Bank
PacWest Bancorp
$1.0M
Kevin D. Cummings Chief Executive Officer, President, Director, Chief Executive Officer of Investors Savings Bank, President of Investors Savings Bank and Director of Investors Savings Bank
Investors Bancorp Inc.
$1.4M
John Adam Kanas Chairman, Chief Executive Officer and President
BankUnited, Inc.
$3.4M
Compensation as of Fiscal Year 2013.

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