Sundar PichaiSundar Pichai earned $164M in 2023

Andrea G. Short is the CEO of 1st Source Corporation, having taken the reins on December 1, 2022. With over 38 years in the banking and finance sectors, she brings extensive experience to the company. Before becoming CEO, she held...

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Andrea G. Short

CEO of 1st Source Corporation

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of 1st Source Corporation for

2 years 5 months (Dec 2022 - Present)

Previous Experience

Executive Vice President of the Company and President of 1st Source Bank

Holdings

See how much did Andrea G. Short make over time.

Andrea G. Short holds a significant stake in 1st Source Corporation, with her holdings fluctuating consistently over the years. In recent months, her stock value has surged, reaching nearly $4.79 million in September 2024. Previously, her holdings peaked at around...

Total Stock Sold

$185.75K

SRCE

$185.75K

4,700 SRCE shares

What if they kept their stock?

If Andrea G. Short didn't sell their stock, today they would have:
Extra SRCE4,700 shares worth $154.49K.
This is -16.83% and $31.26K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Andrea G. Short.

SRCE

2,873 shares

SRCE

Feb 20, 2024

Received

SRCE

8,650 shares

SRCE

Feb 6, 2023

Received

SRCE

3,594 shares

SRCE

Feb 8, 2022

Received

SRCE

$109.93K

SRCE at $49.97/share

Jun 9, 2021

Sale

SRCE

2,047 shares

SRCE

Feb 10, 2021

Received

SRCE

11,000 shares

SRCE

Jun 17, 2020

Received

SRCE

5,029 shares

SRCE

Feb 12, 2020

Received

SRCE

2,191 shares

SRCE

Feb 12, 2019

Received

SRCE

$403.40

SRCE at $40.34/share

Jan 8, 2019

Received

SRCE

2,511 shares

SRCE

Feb 13, 2018

Received

Compensation History

See how much did Andrea G. Short make over time.

In 2022, Andrea G. Short received a total compensation of $1,032,000 as CEO of 1st Source Corporation. Her base salary was $417,348, paired with a performance-driven bonus of $393,800, which reflects her impact on corporate goals like net income and return on assets. Additionally, she received $119,868 in other benefits, including retirement contributions and stock dividends. This pay structure demonstrates a focus on aligning her interests with those of shareholders by rewarding performance. Her compensation strategy illustrates the company's commitment to a pay-for-performance philosophy, aiming to motivate executives to achieve tangible results that benefit both the corporation and its stakeholders.

Year

2022

Total Compensation

$931.02K

Salary

$417.35K

Board Justification

The compensation philosophy is focused on pay-for-performance principles, aligning executive compensation with the Company's annual and long-term performance and shareholder interests.

Bonus

$393.80K

Board Justification

Annual cash awards based on performance metrics including net income, return on assets, and other corporate goals for 2022.

Other

$119.87K

Board Justification

Includes company contributions to retirement plans, dividends on stock awards, and other perquisites.

Restricted Stock

$0.00(0 Book Value Shares)

Board Justification

No stock vested in 2022 as the stock awards are reported in the following year's proxy statement.

Performance Metrics

Key performance metrics include net income, return on assets, and expense to revenue ratio.

Other 1st Source Corporation CEOs

Here are other CEOs of 1st Source Corporation