HomeTrust promotes Westbrook to President/CEO of Bank; salary to $450K

HomeTrust Bancshares, Inc.

C. Hunter Westbrook promoted to President of Company and CEO of HomeTrust Bank, effective Sept 1, 2021.
Westbrook also appointed to Boards of Company and Bank; Dana Stonestreet remains Chairman/CEO of Company.
Base salary increases from $400K to $450K; short-term incentive opportunity rises from 40% to 45% of salary.
Westbrook joined HomeTrust in 2012; assets grew from $1.5B to $3.6B under his leadership.
Promotion follows June 2021 profitability plan targeting ~$10M pretax income increase via branch closures, etc.

item 5.02 item 9.01

Executive movements

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Role change

C. Hunter Westbrook

President of the Company and Chief Executive Officer of the Bank

HTB · HomeTrust Bancshares, Inc.

Effective: 2021-09-01
Filed: July 28, 2021, 7:59 PM ET

On July 26, 2021, C. Hunter Westbrook, who currently serves as Senior Executive Vice President and Chief Operating Officer of HomeTrust Bancshares, Inc. (the “Company”) and as President and Chief Operating Officer of HomeTrust Bank, a wholly owned subsidiary of the Company (the “Bank”), was promoted to President of the Company and Chief Executive Officer of the Bank, effective September 1, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

C. Hunter Westbrook changed role as President of the Company and Chief Executive Officer of the Bank at HomeTrust Bancshares, Inc..

Action: promoted
Role: President of the Company and Chief Executive Officer of the Bank

Exact text from the filing

On July 26, 2021, C. Hunter Westbrook, who currently serves as Senior Executive Vice President and Chief Operating Officer of HomeTrust Bancshares, Inc. (the “Company”) and as President and Chief Operating Officer of HomeTrust Bank, a wholly owned subsidiary of the Company (the “Bank”), was promoted to President of the Company and Chief Executive Officer of the Bank, effective September 1, 2021.

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HomeTrust Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001538263-21-000053

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