City Holding CEO Charles Hageboeck's 2018 pay slips 2% to $1.3M
City Holding reports 2018 executive compensation
By ExecPay News
Published: March 19, 2019
City Holding reported fiscal year 2018 executive compensation information on March 19, 2019.
In 2018, five executives at City Holding received on average a compensation package of $701K, a 1% decrease compared to previous year.
Average pay of disclosed executives at City Holding
Charles R. Hageboeck, Chief Executive Officer, received $1.3M in total, which decreased by 2% compared to 2017. 47% of Hageboeck's compensation, or $619K, was in salary. Hageboeck also received $403K in non-equity incentive plan, $294K in stock awards, as well as $12K in other compensation.
For fiscal year 2018, the median employee pay was $33,674 at City Holding. Therefore, the ratio of Charles R. Hageboeck's pay to the median employee pay was 39 to one.
Craig G. Stilwell, Executive Vice President, Retail Banking, received a compensation package of $786K, which increased by 2% compared to previous year. 51% of the compensation package, or $400K, was in salary.
John A. DeRito, Executive Vice President, Commercial Banking, earned $581K in 2018, a 3% decrease compared to previous year.
David L. Bumgarner, Chief Financial Officer, received $415K in 2018, which is about the same as previous year.
Jeffrey D. Legge, Chief Investment Officer, earned $397K in 2018, a 2% decrease compared to previous year.
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Source: SEC filing on March 19, 2019.