---
schema_version: "secwatch.filing_event.v1"
accession: "0000714562-23-000033"
form_type: "8-K"
ticker: "THFF"
cik: "0000714562"
company_name: "FIRST FINANCIAL CORP /IN/"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T19:19:15.070430+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Financial names Norman D. Lowery CEO effective Jan 1, 2024; father becomes Executive Chairman

## Summary
- Norman D. Lowery, current COO and son of Norman L. Lowery, succeeds as President and CEO on Jan 1, 2024.
- Norman L. Lowery becomes Executive Chairman through Dec 31, 2024, then non-executive Chairman.
- New employment agreements: Norman L. Lowery base salary $600k as Exec Chair; Norman D. Lowery base salary $650k as CEO.
- Norman D. Lowery will continue as COO until Jan 1, 2024; he is also a board member.
- The transition is a planned succession; no other officer changes announced.

## SEC filing metadata
- accession: 0000714562-23-000033
- form_type: 8-K
- ticker: THFF
- cik: 0000714562
- company_name: FIRST FINANCIAL CORP /IN/
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/0000714562-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/tmb-20231017x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714562-23-000033
- JSON: https://secwatch.observer/filing/0000714562-23-000033.json
- Plain text: https://secwatch.observer/filing/0000714562-23-000033.txt

## Key facts
- Executive change
  Norman L. Lowery changed role as Executive Chairman of the Board at FIRST FINANCIAL CORP /IN/.
  - Action: will cease to be President and CEO, becomes Executive Chairman
  - Role: Executive Chairman of the Board
  source text: Mr. Norman L. Lowery will cease to be President and Chief Executive Officer but remain as an employee and officer in the capacity of Executive Chairman of the Board of the Corporation and Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/0000714562-23-000033-index.htm
- Executive change
  Norman D. Lowery was appointed as President and Chief Executive Officer at FIRST FINANCIAL CORP /IN/.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Norman D. Lowery will succeed Norman L. Lowery, the current Chairman, President and Chief Executive Officer of the Corporation and First Financial Bank N.A. (the “Bank”), as President and Chief Executive Officer of both entities, effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/0000714562-23-000033-index.htm

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