Origin Bancorp (OBK) has released an update to notify the public and investors about its officers.
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.
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For a comprehensive understanding of the announcement, you can read the full document here.