Origin Bancorp (OBK) has released an update to notify the public and investors about its officers.
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Origin Bancorp, Inc. has adjusted the compensation for its CEO, Mr. Drake Mills, aligning it with the market median. His target annual incentive award has been raised from 50% to 80% of his base salary, and his long-term incentive from 50% to 120%, signaling the company’s commitment to competitive executive remuneration.
For further insights into OBK corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.