Sundar PichaiSundar Pichai earned $164M in 2023
P

David L. Trautman

CEO of Park National

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1956 - 69 years ago

Economy Sector

Financial Services

Current Tenure

11 years 2 months (Jan 2014 - Present)

Previous Experience

Executive roles at Park National Corporation

David L. Trautman has been the CEO of Park National Corporation since January 2014 and has been part of the company since 2005. He holds a degree in Business Administration and has extensive experience in finance, holding executive positions at...

Year

2023

Total Compensation

$1.77M

Salary

$750.00K

Board Justification

Park's compensation program aims to attract, retain, and motivate executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$364.00K

Board Justification

Annual incentive compensation based on performance against preset financial goals for the 2023 fiscal year, to be paid in 2024.

Other

$103.40K

Board Justification

Includes life insurance premiums and matching contributions to the Park KSOP.

Restricted Stock

$552.75K(0 PBRSUs)

Board Justification

No stock grants were vested in 2023; only the performance-based restricted stock units (PBRSUs) are considered for future vesting periods.

Performance Metrics

Annual incentive compensation based on financial metrics including diluted EPS, pre-tax, pre-provision for credit losses return on average tangible equity (PTPP ROATE), pre-tax pre-provision for credit losses return on average tangible assets (PTPP ROATA), and efficiency ratio.