Sundar PichaiSundar Pichai earned $164M in 2023

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...

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David L. Trautman

CEO of Park National

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1956 - 69 years ago

CEO of Park National for

11 years 4 months (Jan 2014 - Present)

Previous Experience

Executive roles at Park National Corporation

Holdings

See how much did David L. Trautman make over time.

David L. Trautman has been a significant player at Park National Corporation, overseeing extensive growth in his tenure since 2005. His holdings in the company have followed a typical trajectory for a CEO. They saw notable peaks during good years,...

Mar 18, 2025

Insider Trading

See recent insider trades of David L. Trautman.

PRK

2,250 shares

PRK

Mar 31, 2024

Received

PRK

2,250 shares

PRK

Mar 31, 2024

Received

PRK

2,025 shares

PRK

Mar 31, 2023

Received

PRK

2,025 shares

PRK

Mar 31, 2023

Received

PRK

2,225 shares

PRK

Mar 31, 2022

Received

PRK

2,225 shares

PRK

Mar 31, 2022

Received

PRK

1,328.13 shares

PRK

Mar 31, 2021

Received

PRK

1,328.13 shares

PRK

Mar 31, 2021

Received

PRK

1,638.89 shares

PRK

Mar 27, 2020

Received

PRK

1,715.28 shares

PRK

Mar 29, 2019

Received

Compensation History

See how much did David L. Trautman make over time.

In 2023, David L. Trautman's total compensation reached $1,928,751, which includes a base salary of $750,000 and a bonus based on the bank's performance. This reflects a strategic incentive structure designed to reward achieving specific financial goals. Compensation in 2022 had peaked at $2,274,244, with a substantial bonus component driven by strong performance metrics like earnings per share and efficiency ratios. The fluctuating nature of his compensation signifies a direct link to the company's success, demonstrating that Trautman's strategy aligns with long-term value creation for stakeholders. His approach seems practical, focusing on measurable performance rather than fixed salaries, aligning well with contemporary executive compensation philosophies aimed at driving growth.

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.

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