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First Financial Bancorp. CEO Archie Brown's 2021 pay jumps 25% to $3.1M

First Financial Bancorp. reports 2021 executive compensation

By ExecPay News

Published: April 14, 2022

First Financial Bancorp. reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, seven executives at First Financial Bancorp. received on average a compensation package of $1.5M, a 26% increase compared to previous year.
Average pay of disclosed executives at First Financial Bancorp.
Archie M. Brown, Chief Executive Officer, received $3.1M in total, which increased by 25% compared to 2020. 36% of Brown's compensation, or $1.1M, was in stock awards. Brown also received $300 in bonus, $92K of change in pension value and nonqualified deferred compensation earnings, $1M in non-equity incentive plan, $800K in salary, as well as $63K in other compensation.
For fiscal year 2021, the median employee pay was $61,961 at First Financial Bancorp.. Therefore, the ratio of Archie M. Brown's pay to the median employee pay was 49 to one.
Catherine Myers, Former Chief Consumer Banking Officer, received a compensation package of $1.7M. 72% of the compensation package, or $1.2M, was in other compensation.
Richard S. Dennen, Chief Corporate Banking Officer, earned $1.4M in 2021.
James M. Anderson, Chief Financial Officer, received $1.2M in 2021, which increases by 25% compared to 2020.
Andrew Hauck, Chief Commercial Banking Officer, earned $1.1M in 2021, a 23% increase compared to previous year.
Karen B. Woods, General Counsel, received $1.1M in 2021, which increases by 23% compared to 2020.
John M. Gavigan, Chief Operating Officer, earned $1M in 2021, a 22% increase compared to previous year.

Related executives

Archie Brown

First Financial Bancorp.

Chief Executive Officer

4

James Anderson

First Financial Bancorp.

Chief Financial Officer

4

Richard Dennen

First Financial Bancorp.

Chief Corporate Banking Officer

1

Karen Woods

First Financial Bancorp.

General Counsel

4

John Gavigan

First Financial Bancorp.

Chief Operating Officer

6

Andrew Hauck

First Financial Bancorp.

Chief Commercial Banking Officer

2

Catherine Myers

First Financial Bancorp.

Former Chief Consumer Banking Officer

1

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Source: SEC filing on April 14, 2022.