Jean R. Hale retires as CEO; Mark A. Gooch to succeed effective Feb 7, 2022

COMMUNITY TRUST BANCORP INC /KY/

Jean R. Hale retires effective Feb 7, 2022; Mark A. Gooch becomes CEO.
Base salaries increased: Gooch $630K, Stumbo $340K, Draughn $330K, Jones $320K.
2021 cash incentive awards: Hale $700K, Gooch $392K, Stumbo $195K, Draughn $187.2K, Jones $185.4K.
Long-term incentive awards: Hale $390K, Gooch $207K, Stumbo $88.5K, Draughn $87K, Jones $87K.
Restricted stock grants: Hale 3,539, Gooch 2,168, Stumbo 1,232, Draughn 1,183, Jones 1,172 shares.

item 1.01 item 5.02 item 9.01

Executive movements

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Appointed

Mark A. Gooch

Chief Executive Officer

CTBI · COMMUNITY TRUST BANCORP INC /KY/

Effective: 2022-02-07
Filed: January 27, 2022, 6:59 PM ET

At that time, Mark A. Gooch will become the Chief Executive Officer of Community Trust Bancorp, Inc.

Departed

Jean R. Hale

Chairman and Chief Executive Officer

CTBI · COMMUNITY TRUST BANCORP INC /KY/

Effective: 2022-02-07
Successor: Mark A. Gooch
Filed: January 27, 2022, 6:59 PM ET

Jean R. Hale has announced her retirement effective February 7, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark A. Gooch was appointed as Chief Executive Officer at COMMUNITY TRUST BANCORP INC /KY/.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

At that time, Mark A. Gooch will become the Chief Executive Officer of Community Trust Bancorp, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jean R. Hale retired as Chairman and Chief Executive Officer at COMMUNITY TRUST BANCORP INC /KY/.

Action: retired
Role: Chairman and Chief Executive Officer

Exact text from the filing

Jean R. Hale has announced her retirement effective February 7, 2022.

View on SEC.gov

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Source: SEC EDGAR

accession 0000350852-22-000022

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