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The charts on this page feature a breakdown of the total annual pay for the top executives at FIRST FINANCIAL CORP /IN/ as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FIRST FINANCIAL CORP /IN/ income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FIRST FINANCIAL CORP /IN/ annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Norman L. Lowery
Chief Executive Officer, First Financial Bank, N.A. and First Financial Corporation
Total Cash $1,146,914 Equity $456,265 Other $113,558 Total Compensation $1,716,737
Rodger A. McHargue
Chief Financial Officer, First Financial Bank, N.A. and First Financial Corporation
Total Cash $457,655 Equity $130,825 Other $31,020 Total Compensation $619,500
Norman D. Lowery
Chief Operating Officer, First Financial Bank, N.A. and First Financial Corporation
Total Cash $503,148 Equity $147,857 Other $33,092 Total Compensation $684,097
Steven H. Holliday
Chief Credit Officer, First Financial Bank, N.A. and First Financial Corporation
Total Cash $386,133 Equity $112,115 Other $41,184 Total Compensation $539,432
Mark A. Franklin
Chief Lending Officer, First Financial Bank, N.A.
Total Cash $379,094 Equity $0 Other $20,081 Total Compensation $399,175
For its 2022 fiscal year, FIRST FINANCIAL CORP /IN/, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Norman L. Lowery CEO Pay $1,716,737 Median Employee Pay $57,737 CEO Pay Ratio 30:1
For its 2022 fiscal year, FIRST FINANCIAL CORP /IN/, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Gregory L. Gibson Total Cash $79,500
James O. McDonald Total Cash $79,500
Mark J. Blade Total Cash $80,500
Michael A. Carty Total Cash $80,500
Paul J. Pierson Total Cash $79,500
Richard J. Shagley Total Cash $76,500
Ronald K. Rich Total Cash $84,500
Susan M. Jensen Total Cash $76,500
Thomas C. Martin Total Cash $81,500
Thomas T. Dinkel Total Cash $80,500
Tina J. Maher Total Cash $80,500
W. Curtis Brighton Total Cash $80,500
William J. Voges Total Cash $84,500
William R. Krieble Total Cash $81,500

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.