Kenneth W. Stecher is the former CEO of Cincinnati Financial Corporation, where he worked from 2009 until early 2017. With a solid background in finance, he holds a Bachelor's degree in Accounting from the University of Cincinnati. Stecher took the...

Number of Employees

5.43K

Year

2017

Total Compensation

$1.95M

Salary

$995.35K

Board Justification

The compensation philosophy aims to attract, motivate, reward, develop, and retain executive talent required for long-term success, linking a significant portion of compensation to performance-based awards.

Bonus

$0.00

Board Justification

No discretionary cash bonuses were awarded as a regular component of compensation for the named executive officers in 2017.

Other

$216.68K

Board Justification

Includes perquisites and other personal benefits, such as employer-paid health insurance premiums and other benefits.

Restricted Stock

$741.92K(741.92K RSUs)

Board Justification

Represents the value of performance-based restricted stock units (PSUs) and restricted stock units (RSUs) that vested in 2017, calculated based on the fair market value on the date of grant.

Performance Metrics

The primary performance metrics for annual and long-term performance-based compensation are calibrated to the company’s performance compared with the companies in the peer group.

SEC Filing

From March 21, 2018