HomeTrust Bancshares names C. Hunter Westbrook CEO effective Sept 1, 2022; Stonestreet becomes Executive Chairman
HomeTrust Bancshares, Inc.
C. Hunter Westbrook succeeds Dana L. Stonestreet as CEO of HomeTrust Bancshares (HTBI) effective Sept 1, 2022.
Stonestreet becomes Executive Chairman and will retire as director at the 2023 annual meeting, then serve as director emeritus.
Westbrook's salary increases to $550,000; Stonestreet's salary reduced to $420,000 reflecting reduced responsibilities.
Westbrook previously led bank's transformation from $1.5B to $3.5B in assets and expanded into TN, VA, SC.
Separation payment for Stonestreet if he remains until separation date: Cash Compensation minus post-Aug 2022 salary/bonus, paid monthly through Aug 2024.
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