Simmons CEO made $1.23 million in ’13
J. Thomas May, who retired as chairman and chief executive officer of Simmons First National Corp. on Dec. 31, earned about $1.23 million last year, the Pine Bluff bank said Monday in a federal filing.
May had a salary of $520,000 last year. He also earned about $487,700 in performance-based bonuses, $181,500 in stock option awards and about $42,000 in other income.
Other executives and their incomes last year include George Makris, who replaced May as chairman and chief executive officer, $573,600; Robert Fehlman, chief financial officer, almost $648,000;
David Bartlett, president, $857,000; and Marty Casteel, executive vice president, almost $570,000.
Simmons will hold its annual meeting April 15 at the Pine Bluff Convention Center.
- David Smith
Deltic Timber chief rakes in $3.3 million
Ray Dillon, president of El Dorado-based Deltic Timber Corp., saw his compensation package reach nearly $3.3 million in 2013, as Deltic saw record earnings for the year, according to the company’s annual proxy statement filed Monday with the Securities and Exchange Commission.
Dillon earned about $2.5 million in 2012. On Feb. 26, Deltic reported net income of $26.2 million, or $2.06 per share, for 2013, compared with $9.2 million, or 73 cents per share, in 2012.
Compensation packages for other executives for 2013 included: Kenneth Mann, chief financial officer, about $1.23 million;
David Meghreblian, vice president, about $669,000;
Kent Streeter, vice president, about $850,000; Jim Andrews Jr., general counsel, about $733,000.
The proxy statement listed Wellington Management Co. of Boston as Deltic’s largest shareholder, with 1.19 million, or 9.4 percent, of the outstanding shares.
Deltic’s annual meeting will be 10 a.m. April 24 at the South Arkansas Arts Center in El Dorado.
- Glen Chase
Arkansas Index rises 1.16 to close 332.54
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, gained 1.16 to 332.54 Monday.
Twelve stocks advanced, three declined and two were unchanged.
None of the 17 stocks in the index moved as much as 1 percent.
Acxiom shares rose 1 percent in light trading.
Bank of the Ozarks shares rose 0.8 percent on average volume after setting a 52-week high.
Tyson Foods also reached a 52-week high.
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 03/18/2014