First Defiance Financial reports 2018 executive compensation

CEO Donald P. Hileman receives $1M

First Defiance Financial reported fiscal year 2018 executive compensation information on March 8, 2019.

In 2018, six executives at First Defiance Financial received on average a compensation package of $502,940, a 8% increase compared to previous year.

Average pay of disclosed executives at First Defiance Financial

Donald P. Hileman, Chief Executive Officer, received $1,034,640 in total, which increased by 5% compared to 2017. 45.67% of Hileman's compensation, or $472,500, was in salary. Hileman also received $241,755 in non-equity incentive plan, $288,362 in stock awards, as well as $34,023 in other compensation.

For fiscal year 2018, the median employee pay was $40,647 at First Defiance Financial. Therefore, the ratio of Donald P. Hileman's pay to the median employee pay was 25 to one.

Gregory R. Allen, Executive Vice President Ft Wayne Market Area Executive, received a compensation package of $544,756, which increased by 35% compared to previous year. 40.54% of the compensation package, or $220,818, was in salary.

Kevin T. Thompson, Chief Financial Officer, earned $464,701 in 2018, a 4% increase compared to previous year.

John R. Reisner, Executive Vice President Chief Risk Officer and Legal Counsel of First Defiance and First Federal, received $397,355 in 2018, which increases by 4% compared to 2017.

Dennis E. Rose, Chief Technology Officer, earned $298,032 in 2018, a 2% increase compared to previous year.

Timothy K. Harris, Executive Vice President Chief Credit Officer, received $278,155 in 2018, which increases by 1% compared to 2017.