Claude E. Davis, born in 1961, is the steady force behind First Financial Bancorp, holding the position of CEO since 2004. His background in finance is extensive, having previously worked as the Senior Vice President at Irwin Financial Corporation. Claude’s...
Claude E. Davis, born in 1961, is the steady force behind First Financial Bancorp, holding the position of CEO since 2004. His background in finance is extensive, having previously worked as the Senior Vice President at Irwin Financial Corporation. Claude’s leadership has marked significant growth periods for the company, where he has focused on aligning executive compensation with the company's performance. In terms of earnings, in 2016, he received a total compensation of about $2.4 million, which included a sizeable salary and stock awards. Interestingly, Davis also played a crucial role in the company's operations, becoming the President and CEO of First Financial Bank when the management was restructured in 2005. His expertise goes beyond just numbers; he has a track record of ensuring shareholder returns, with the company outperforming many peers over the years. Retirement plans, including executive savings agreements, show how he advocates for future security for not just himself, but those in the firm. As of late 2019, Davis transitioned to Executive Chair, indicating a thoughtful step back after years at the forefront, but he continues to advise on critical areas guiding the future of the bank.