---
schema_version: "secwatch.filing_event.v1"
accession: "0000350852-22-000022"
form_type: "8-K"
ticker: "CTBI"
cik: "0000350852"
company_name: "COMMUNITY TRUST BANCORP INC /KY/"
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T15:07:13.516028+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000350852-22-000022
- form_type: 8-K
- ticker: CTBI
- cik: 0000350852
- company_name: COMMUNITY TRUST BANCORP INC /KY/
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350852/000035085222000022/0000350852-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350852/000035085222000022/ctbi8k2022execcomp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350852-22-000022
- JSON: https://secwatch.observer/filing/0000350852-22-000022.json
- Plain text: https://secwatch.observer/filing/0000350852-22-000022.txt

## Key facts
- Executive change
  Mark A. Gooch was appointed as Chief Executive Officer at COMMUNITY TRUST BANCORP INC /KY/.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: At that time, Mark A. Gooch will become the Chief Executive Officer of Community Trust Bancorp, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/350852/000035085222000022/0000350852-22-000022-index.htm
- Executive change
  Jean R. Hale retired as Chairman and Chief Executive Officer at COMMUNITY TRUST BANCORP INC /KY/.
  - Action: retired
  - Role: Chairman and Chief Executive Officer
  source text: Jean R. Hale has announced her retirement effective February 7, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/350852/000035085222000022/0000350852-22-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.