CenterState Bank lifts the curtain on how the CEO’s pay compares to workers'

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The pay package for John Corbett, president and CEO of CenterState Bank Corp., is 46 times that of the rank-and-file worker at the bank. Corbett received $2.088 million in total compensation in 2017, compared to the median pay of $44,911 for the bank’s 1,078 other employees. Beginning this year, public companies have to start including the CEO pay ratio in their annual proxies, or in their annual reports if they don’t file a proxy, under a provision in Dodd-Frank legislation from 2010. The...

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