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Archie M. Brown, Jr. has been the CEO of First Financial Bancorp since 2018, shortly after the company completed a merger with MainSource Financial Group. With a solid background in finance, he stepped into this role after leading MainSource as...

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Archie M. Brown Jr.

CEO of First Financial Bancorp

Education

Bachelor's degree in Business Administration from University of Georgia

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1961 - 64 years ago

CEO of First Financial Bancorp for

7 years 0 months (Apr 2018 - Present)

Previous Experience

President and CEO of MainSource Financial Group

Holdings

See how much did Archie M. Brown Jr. make over time.

As of late 2022, Archie M. Brown held various unvested stock awards valued at approximately $1.4 million. His largest stake was performance-based shares that could yield significant returns if the company meets its growth targets over the coming years. Brown...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Archie M. Brown Jr. make over time.

In 2021, Archie's total compensation was $3,054,247, which included a base salary of $800,207. His compensation was structured around company performance, featuring a modest cash bonus and no stock awards vested in that year. The compensation package is designed to keep him aligned with the company’s goals. The previous year saw even more substantial stock awards provided, showing how his financial stakes grow with the company’s success. Brown is eligible for annual bonuses tied to specific performance metrics, incentivizing him to focus on the company's bottom line. This setup reflects a strong pay-for-performance philosophy ensuring that he is focused on creating tangible results for shareholders. His compensation packages have varied over time, demonstrating his and the board's commitment to aligning executive rewards with the company's performance and shareholder interests.

Year

2021

Total Compensation

$863.88K

Salary

$800.21K

Board Justification

The compensation philosophy aims to align executive compensation with the company's performance and shareholder interests, emphasizing a pay-for-performance culture.

Bonus

$300.00

Board Justification

The bonus is a cash incentive based on the performance metrics established for the year 2021, reflecting the company's performance against its targets.

Other

$63.37K

Board Justification

Other compensation includes life insurance benefits and accrued dividends paid on vested restricted stock.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2021 as the focus was on cash compensation and performance-based incentives.

Performance Metrics

The performance metrics for 2021 included Return on Assets, Classified Assets, and Earnings per Share compared to budget.

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