Simmons exec’s pay reaches $1.1 million
J. Thomas May, chairman and chief executive officer of Simmons First National Bank, earned $1.1 million last year, the Pine Bluff bank reported in its proxy statement filed Monday with the Securities and Exchange Commission.
May made almost $500,000 in salary, $165,000 in stock awards, about $390,000 in incentive plan compensation and $50,000 in other compensation.
The total income of other executives at the bank last year was:
David Bartlett, president, about $635,000.
Marty Casteel, executive vice president, $540,000.
Robert Fehlman, chief financial officer, almost $500,000.
Robert Dill, executive vice president, $300,000.
Simmons’ annual meeting will be April 16 at 7:30 p.m. at the Pine Bluff Convention Center.
Agricultural census still accepting filings
It’s not too late for Arkansas farmers and ranchers to participate in the 2012 Census of Agriculture.
Even though the deadline to submit forms has passed, producers can still respond, according to a release from the Arkansas Field Office of the National Agricultural Statistics Service, an agency of the U.S. Department of Agriculture.
The census is conducted every five years by the statistics service. It examines land use and ownership, production practices, expenditures, and other aspects of how farmers run their operations.
Farmers can return their forms by mail or fill them out on a secure website at www.agcensus.usda.gov. Those who did not receive a census form, lost their form, or who have questions can visit the website or call (888) 424-7828.
Arkansas Index dips 0.78 on light volume
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 0.78 to 271.75 Monday.
“U.S. stocks sold off Monday after consumer sentiment numbers were weaker than expected and investor concern grew that the Cyprus bailout plan will weaken the eurozone’s financial system,” said Bob Williams, senior vice president and managing director of Delta Trust Investments Inc. in Little Rock. “Arkansas equities were soft with advancing issues lagging behind declining stocks by 3 to 5.”
USA Truck and Arkansas Best were the strongest performers, each gaining just over 2 percent.
Acxiom and Home BancShares each established 52-week highs during the session.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 23 on 03/19/2013