1st Source CEO Christopher Murphy receives $1.6M in 2006
1st Source reports 2006 executive compensation
By ExecPay News
Published: March 15, 2007
1st Source reported fiscal year 2006 executive compensation information on March 15, 2007.
In 2006, five 1st Source executives received on average a compensation package of $661K.
Average pay of disclosed executives at 1st Source
Christopher J. Murphy III, Chief Executive Officer, received $1.6M in total. 46% of Murphy's compensation, or $723K, was in non-equity incentive plan. Murphy also received $1 in option awards, $614K in salary, $111K in stock awards, as well as $108K in other compensation.
Wellington D. Jones III, Chief Operating Officer, received a compensation package of $549K. 62% of the compensation package, or $341K, was in salary.
Richard Q. Stifel, Executive Vice President, Business Banking Group, st Source Bank, earned $467K in 2006.
John B. Griffith, General Counsel, received $424K in 2006.
Larry E. Lentych, Chief Financial Officer, earned $312K in 2006.
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Source: SEC filing on March 15, 2007.