secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHSIDE BANCSHARES INC (SBSI)
CIK:        0000705432
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0000705432-24-000079
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Southside Bancshares appoints Keith Donahoe as President; base salary $510K
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- Keith Donahoe, former Central Texas Regional President, appointed President of Southside Bancshares and Southside Bank.
- Donahoe, 53, joined Southside in 2021; over 30 years commercial banking experience, previously EVP at Frost Bank.
- Annual base salary of $510,000 approved; participates in same benefit programs as other executive officers.
- Lee R. Gibson remains CEO and director; no familial relationships or reportable transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/705432/000070543224000079/0000705432-24-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/705432/000070543224000079/sbsi-20240516.htm
  HTML page:      https://secwatch.observer/filing/0000705432-24-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer