Christopher J. Murphy III is the CEO and Chairman of 1st Source Corporation, a role he's held since 1972. With almost 50 years in banking and business, Murphy brings experience that few can match. He has deep knowledge of the...

Christopher J. Murphy III is the CEO and Chairman of 1st Source Corporation, a role he's held since 1972. With almost 50 years in banking and business, Murphy brings experience that few can match. He has deep knowledge of the finance and banking industries, having worked at companies like Citibank before leading 1st Source. His leadership is reflected in the company's strong performance metrics, focusing on net income and return on assets. In 2022, Murphy earned nearly $1.86 million in total compensation, which included a salary of $810,000 and significant bonuses tied to corporate performance. His personal holdings are substantial; he owns over 4.36 million shares of 1st Source, making him a key player in the company's success. Recently, he promoted Andrea G. Short to President of 1st Source Bank, showing his commitment to building a robust team. Murphy is also involved in multiple boards, like the Federal Reserve Bank of Chicago and the Medical Education Foundation, proving his influence extends beyond just his company. With his tenure and deep ties to the community, Murphy is a cornerstone of the banking landscape in Indiana.