First Financial CEO Norman Lowery's 2020 pay slips 16% to $2.5M
First Financial reports 2020 executive compensation
By ExecPay News
Published: March 5, 2021
First Financial reported fiscal year 2020 executive compensation information on March 5, 2021.
In 2020, four executives at First Financial received on average a compensation package of $1.2M, a 8% decrease compared to previous year.
Average pay of disclosed executives at First Financial
Norman L. Lowery, Chief Executive Officer, received $2.5M in total, which decreased by 16% compared to 2019. 37% of Lowery's compensation, or $923K, was of change in pension value and nonqualified deferred compensation earnings. Lowery also received $343K in non-equity incentive plan, $697K in salary, $425K in stock awards, as well as $107K in other compensation.
Rodger A. McHargue, Chief Financial Officer, received a compensation package of $1.2M, which increased by 8% compared to previous year. 52% of the compensation package, or $619K, was of change in pension value and nonqualified deferred compensation earnings.
Karen L. Milienu, Chief Branch Banking Officer First Financial Bank, N.A, earned $696K in 2020, a 9% decrease compared to previous year.
Steven H. Holliday, Chief Credit Officer First Financial Bank, N.A. and First Financial Corporation, received $491K in 2020, which increases by 2% compared to 2019.
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 5, 2021.