Mark A. Gooch is the Chief Executive Officer of Community Trust Bancorp (CTBI), having stepped into the role on February 7, 2022, after a long career with the company. He joined CTBI in 1981, meaning he’s got over 40 years...

Current Market Cap

$1.06B

Number of Employees

967

Total Compensation

2022 - 2023

Trending down by -46.04% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 27.42% last year

Salary

Up by 5.86% last year

Bonus

Down by -90.35% last year

Other

Up by 19.83% last year

Year

2023

Total Compensation

$829.59K

Salary

$655.50K

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives while aligning their pay with company performance and market standards.

Bonus

$81.40K

Board Justification

Discretionary cash incentive payment due to performance not meeting minimum levels under the Senior Management Incentive Compensation Plan for 2023, paid in January 2024.

Other

$36.12K

Board Justification

Includes contributions to ESOP, 401(k), life insurance premiums, and dividends received on restricted stock.

Restricted Stock

$56.57K(1.35K Restricted Stock)

Board Justification

Restricted stock that vested in 2023, with restrictions lapsing ratably over four years.

Performance Metrics

Net Income, Earnings Per Share (EPS), Return on Average Assets (ROAA)

SEC Filing

From March 18, 2024

Mark A. Gooch

CEO of Community Trust Bancorp

C

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1960 - 64 years ago

Is Founder?

No

Current Tenure

2 years 9 months (Feb 2022 - Present)

Previous Experience

Served as Executive Vice President/Operations and has held various positions since joining Community Trust Bancorp, Inc.