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First Financial Bancorp. CEO Archie Brown's 2020 pay slips 6% to $2.4M

First Financial Bancorp. reports 2020 executive compensation

By ExecPay News

Published: April 15, 2021

First Financial Bancorp. reported fiscal year 2020 executive compensation information on April 15, 2021.
In 2020, five executives at First Financial Bancorp. received on average a compensation package of $1.2M, a 41% decrease compared to previous year.
Average pay of disclosed executives at First Financial Bancorp.
Archie M. Brown, Chief Executive Officer, received $2.4M in total, which decreased by 6% compared to 2019. 36% of Brown's compensation, or $880K, was in stock awards. Brown also received $200 in bonus, $96K of change in pension value and nonqualified deferred compensation earnings, $640K in non-equity incentive plan, $800K in salary, as well as $24K in other compensation.
For fiscal year 2020, the median employee pay was $61,176 at First Financial Bancorp.. Therefore, the ratio of Archie M. Brown's pay to the median employee pay was 40 to one.
James M. Anderson, Chief Financial Officer, received a compensation package of $946K, which increased by 4% compared to previous year. 43% of the compensation package, or $408K, was in salary.
Andrew Hauck, Chief Commercial Banking Officer, earned $889K in 2020.
Karen B. Woods, General Counsel, received $858K in 2020, which increases by 1% compared to 2019.
John M. Gavigan, Chief Operating Officer, earned $842K in 2020, which is about the same as previous year.

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James Anderson

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Karen Woods

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John Gavigan

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Andrew Hauck

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Source: SEC filing on April 15, 2021.