Tuesday, October 8, 2019

Cincinnati, Ohio-Based First Financial Bancorp's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Very Robust 12.7% Per Year During the Past Ten Years

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows First Financial Bancorp's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
First Financial Bancorp 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Davis Executive Chairman           2,586           2,675           2,675           2,403           2,403           2,182           2,182           2,240           2,240           1,718
Gavigan COO               769               622               622               427               427               397               397               254    
Stollings EVP Commercial Banking           1,042               916               916               828               828               748               748               666               666               551
Dennen Pres Commercial Finance               904               819  N/A   N/A     
Lefferson FormerChief Credit Officer  N/A   N/A                952               843               843               970               970               704
Langford community Banking Pres               775               934               934               547
Barbercheck Chief Credit Officer               710               515
 Totals        4,397       4,213       5,117       4,477       4,610       4,170       4,945       5,064       5,520       4,035
Annual % Change vs Prior Year 4.4% 14.3% 10.6% -2.3% 36.8%
5 Year Average Per Year % Change 12.7%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
First Financial Bancorp 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Davis Executive Chairman           1,718           1,995           1,995           2,429           2,429           2,522           2,515           1,071           1,071           1,417
Gavigan COO
Stollings EVP Commercial Banking  N/A   N/A     
Dennen Pres Commercial Finance
Lefferson FormerChief Credit Officer               704               867               867           1,045           1,045               927               927               551               551               559
Langford community Banking Pres               547               584    
Barbercheck Chief Credit Officer  N/A   N/A     
Hall Former CFO  N/A   N/A                729               918               918               836               836               465               465               471
Gehlmann General Counsel                       678               797               797               747               747               457               457               467
Munafo Chief Commercial Lending Offcr           1,842               901               901               622               622               653
 Totals        2,969       3,446       4,269       5,189       7,031       5,933       5,926       3,166       3,166       3,567
Annual % Change vs Prior Year -13.8% -17.7% 18.5% 87.2% -11.2%
5 Year Average Per Year % Change 12.6%
10 Year Average Per Year % Change 12.7%