leadership
confidence high
sentiment neutral
materiality 0.30
Cullen/Frost awards $2.84M in equity to four executives; Jimmy Stead salary raised to $625k
CULLEN/FROST BANKERS, INC.
- Jerry Salinas receives LTIP equity award of ~$790,000 grant date fair value.
- Paul H. Bracher receives LTIP equity award of ~$800,000 grant date fair value.
- Patrick B. Frost receives LTIP equity award of ~$500,000 grant date fair value.
- Jimmy Stead receives LTIP equity award of ~$750,000 and base salary increase to $625,000 effective Jan 1, 2023.