C. Hunter Westbrook, a seasoned executive born in 1963, has been making waves at HomeTrust Bancshares since his promotion to CEO in September 2022. With a background in banking and a Bachelor's in Business Administration, he's been with the company...

C. Hunter Westbrook, a seasoned executive born in 1963, has been making waves at HomeTrust Bancshares since his promotion to CEO in September 2022. With a background in banking and a Bachelor's in Business Administration, he's been with the company since 2012, playing a crucial role in its transformation into a full-service commercial bank. Under his leadership, HomeTrust is focused on balancing traditional banking with modern solutions. Around 50% of his earnings are tied to performance, showcasing his belief in aligning his success with the company's growth. Notably, he saw a compensation of $478,725 in 2023, which included cash bonuses based on performance. His stock holdings tell a story too; he once registered over $4 million in insider trading activity in 2021, suggesting strong confidence in the company's future. His steady rise through the ranks hints at a leader with both vision and capability, ready to steer HomeTrust into new markets and maintain financial stability amidst changing industry dynamics.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other HomeTrust Bancshares, Inc. CEOs

H

C. Hunter Westbrook

CEO of HomeTrust Bancshares, Inc.

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

Born

January 1, 1963 - 62 years ago

CEO of HomeTrust Bancshares, Inc. for

2 years 7 months (Sep 2022 - Present)

Previous Experience

Various leadership roles at HomeTrust Bank since 2012

Rivals

Competitors/colleagues of C. Hunter Westbrook

Holdings

See how much did C. Hunter Westbrook make over time.

C. Hunter Westbrook's stock holdings in HomeTrust Bancshares reflect significant confidence in his company's future. From 2019 to early 2023, he saw his insider trading values fluctuate between $1.9 million and $4 million. Noteworthy peaks include reaching $4.07 million in...

C. Hunter Westbrook's stock holdings in HomeTrust Bancshares reflect significant confidence in his company's future. From 2019 to early 2023, he saw his insider trading values fluctuate between $1.9 million and $4 million. Noteworthy peaks include reaching $4.07 million in November 2021, indicating his strong belief in company performance. As of 2023, his stock engagements remained steady around the $2 million mark, showcasing resilience and a commitment to his role. This trend illustrates the evolving nature of his investments as he manages a balance between personal wealth and corporate health, emphasizing the correlation between insider actions and stock market confidence.

Total Stock Sold

$2.77M

HTBI

$2.77M

101,139 HTBI shares

What if they kept their stock?

If C. Hunter Westbrook didn't sell their stock, today they would have:
Extra HTBI101,139 shares worth $1.53M.
This is -44.76% and $1.24M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of C. Hunter Westbrook.

HTBI

11,162 shares

HTBI

Feb 11, 2024

Received

HTBI

10,526 shares

HTBI

Feb 10, 2023

Received

HTBI

$203.94K

HTBI at $27.26/share

Feb 1, 2023

Sale

HTBI

$298.29K

HTBI at $26.78/share

Jan 30, 2023

Sale

HTBI

$245.13K

HTBI at $26.78/share

Jan 30, 2023

Sale

HTBI

$817.02K

HTBI at $25.14/share

Jan 24, 2023

Sale

HTBI

3,581 shares

HTBI

Feb 11, 2022

Received

HTBI

$104.59K

HTBI at $31.00/share

Dec 27, 2021

Sale

HTBI

$50.41K

HTBI at $31.00/share

Dec 23, 2021

Sale

HTBI

$157.61K

HTBI at $30.45/share

Dec 10, 2021

Sale

Compensation History

See how much did C. Hunter Westbrook make over time.

C. Hunter Westbrook's compensation plan at HomeTrust Bancshares is designed with performance in mind. In 2023, he received a total of $478,725, which included a base salary of $600,000, but notably, no bonus that year due to performance metrics not being met. His earlier total compensation in 2022 was $877,056, heavily influenced by performance-based metric achievements. The CEO has a stake in the company's success; his earnings include vested stock units that depend on meeting financial goals, aligning his incentives with shareholders. This approach is part of HomeTrust's philosophy to attract and retain top executives while prioritizing financial performance and shareholder value.

Year

2023

Total Compensation

$865.77K

Salary

$600.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate high-performing leaders while aligning executive compensation with stockholder interests and company performance.

Bonus

$174.80K

Board Justification

Cash awards under the Company’s short-term incentive program based on financial performance and pre-established individual goals for the six-month transition period ended December 31, 2023.

Other

$17.39K

Board Justification

Includes life insurance premiums, long-term disability insurance reimbursement, employer contributions under the 401(k) plan, ESOP allocation value, and dividends on unvested shares of restricted stock.

Restricted Stock

$73.58K(3.18K RSU)

Board Justification

Restricted stock units that vested during the six-month transition period ended December 31, 2023, based on performance metrics achieved.

Performance Metrics

Based on the company's financial performance metrics including pre-tax, pre-provision income and efficiency ratio.

Other HomeTrust Bancshares, Inc. CEOs

Here are other CEOs of HomeTrust Bancshares, Inc.

Dana L. Stonestreet

Ex-CEO of HomeTrust Bancshares, Inc.

November 2013 - September 2022