First Financial CEO Norman Lowery's 2019 pay jumps 54% to $3M
First Financial reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
First Financial reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, four executives at First Financial received on average a compensation package of $1.3M, a 55% increase compared to previous year.
Average pay of disclosed executives at First Financial
Norman L. Lowery, Chief Executive Officer, received $3M in total, which increased by 54% compared to 2018. 47% of Lowery's compensation, or $1.4M, was of change in pension value and nonqualified deferred compensation earnings. Lowery also received $317K in non-equity incentive plan, $687K in salary, $444K in stock awards, as well as $109K in other compensation.
Rodger A. McHargue, Chief Financial Officer, received a compensation package of $1.1M, which increased by 74% compared to previous year. 50% of the compensation package, or $543K, was of change in pension value and nonqualified deferred compensation earnings.
Karen L. Milienu, Chief Branch Banking Officer First Financial Bank, N.A, earned $763K in 2019, a 84% increase compared to previous year.
Steven H. Holliday, Chief Credit Officer First Financial Bank, N.A. and First Financial Corporation, received $479K in 2019, which increases by 4% compared to 2018.
Related executives
Norman Lowery
First Financial
Chief Executive Officer
Rodger McHargue
First Financial
Chief Financial Officer
Steven Holliday
First Financial
Chief Credit Officer First Financial Bank, N.A. and First Financial Corporation
Karen Milienu
First Financial
Former Chief Branch Banking Officer First Financial Bank, N.A
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Source: SEC filing on March 13, 2020.