other
confidence high
sentiment neutral
materiality 0.25
HomeTrust Bancshares sets incentive targets for 6-month transition period
HomeTrust Bancshares, Inc.
- Compensation Committee approved incentive opportunities for transition period ending Dec 31, 2023.
- CEO Westbrook target 25% of base salary; CFO VunCannon and EVP Houghton 15% each.
- EVPs Powell and Sprink target 20% of base salary; division profitability added as measure.
- Performance measures: pretax pre-provision income (75% or 50%) and efficiency ratio (25% or 25%).
- Transition due to fiscal year change from June 30 to December 31, 2023.