Charles R. Hageboeck is the President and CEO of City Holding Company, a position he has held since November 2015. He has been with the company since 2001, playing a critical role as part of the team that turned around...

Charles R. Hageboeck is the President and CEO of City Holding Company, a position he has held since November 2015. He has been with the company since 2001, playing a critical role as part of the team that turned around the company during a challenging time. Mr. Hageboeck's leadership is evident through the company's strong performance, particularly based on its Return on Average Tangible Common Equity, which is a key metric for executive compensation. In 2023, his total compensation reached over $1.8 million, with a significant portion tied to the company’s performance. His financial decisions have directly impacted the company's growth and stability. He was one of the crucial figures recognized for successfully navigating City Holding through tough times, earning credibility in the industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other City Holding Company CEOs

C

Charles R. Hageboeck

CEO of City Holding Company

Education

Ph.D. in Economics from Indiana University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

November 12, 1961 - 63 years ago

CEO of City Holding Company for

20 years 4 months (Feb 2005 - Present)

Previous Experience

Chief Financial Officer at City Holding Company.

Rivals

Competitors/colleagues of Charles R. Hageboeck

U

Richard M. Adams, Jr.

CEO of United Bankshares

2023 Compensation

Stock

$609.36K

Salary

$1.00M

Bonus

$1.09M

Other

$59.30K

Total Holdings

$6.01M

S

Christopher J. McComish

CEO of S&T Bancorp

2023 Compensation

Stock

$150.00K

Salary

$350.00K

Bonus

$70.00K

Other

$20.00K

Total Holdings

$715.40K

I

Diana G. Zuniga

Founder and CEO of International Bancshares

2023 Compensation

Stock

$0.00

Salary

$660.00K

Bonus

$1.50M

Other

$243.03K

Total Holdings

$891.20K

Holdings

See how much did Charles R. Hageboeck make over time.

As of late 2023, Charles Hageboeck holds around 38,478 restricted shares. He has seen his wealth fluctuate significantly throughout the years, particularly in 2019 when he held vested stock valued at approximately $368,690. His holdings have been a mix of...

As of late 2023, Charles Hageboeck holds around 38,478 restricted shares. He has seen his wealth fluctuate significantly throughout the years, particularly in 2019 when he held vested stock valued at approximately $368,690. His holdings have been a mix of cash bonuses and stock awards, carefully structured to align his interests with those of the shareholders. In recent years, the value of his holdings has grown, showcasing his commitment to the company’s growth along with that of the shareholders. His compensation structure focuses heavily on performance metrics, particularly the Return on Average Tangible Common Equity, ensuring that when the company succeeds, he succeeds as well.

Mar 18, 2025

C

shares

CHCO @ $118.34

Total Stock Sold

$14.89M

CHCO

$14.89M

226,606 CHCO shares

What if they kept their stock?

If Charles R. Hageboeck didn't sell their stock, today they would have:
Extra CHCO226,606 shares worth $14.60M.
This is -1.94% and $288.90K less than what they got when they sold the stock.

Charitable Transactions

CHCO

6,615 shares

CHCO

Recent Charitable Transactions

CHCO

2,500 shares

CHCO

Nov 10, 2021

Charity

CHCO

400 shares

CHCO

Dec 19, 2018

Charity

CHCO

1,000 shares

CHCO

Nov 30, 2018

Charity

CHCO

1,215 shares

CHCO

Jan 26, 2017

Charity

CHCO

500 shares

CHCO

Nov 29, 2012

Charity

CHCO

600 shares

CHCO

May 30, 2012

Charity

Insider Trading

See recent insider trades of Charles R. Hageboeck.

CHCO

7,485 shares

CHCO

Feb 27, 2025

Received

CHCO

$788.62K

CHCO at $130.03/share

Nov 15, 2024

Sale

CHCO

$895.52K

CHCO at $123.62/share

Jul 25, 2024

Sale

CHCO

$898.81K

CHCO at $101.00/share

Feb 29, 2024

Sale

CHCO

7,548 shares

CHCO

Feb 24, 2024

Received

CHCO

$754.66K

CHCO at $98.52/share

Feb 28, 2023

Sale

CHCO

7,660 shares

CHCO

Feb 26, 2023

Received

CHCO

$195.48K

CHCO at $99.89/share

Nov 29, 2022

Sale

CHCO

$655.96K

CHCO at $102.00/share

Oct 24, 2022

Sale

CHCO

$404.41K

CHCO at $80.08/share

May 24, 2022

Sale

Compensation History

See how much did Charles R. Hageboeck make over time.

In 2023, Hageboeck's total compensation was approximately $1,894,563. This includes a base salary of $674,740, a performance-based cash bonus of $809,688, and the value of $389,813 from vested stock awards. His cash bonuses are tied to the company’s performance metrics, particularly the Return on Average Tangible Common Equity (ROATCE). This means that the better the company does, the better he does financially. Over the years, his compensation has consistently reflected his leadership's effectiveness in steering City Holding toward sustained profitability and growth.

Year

2023

Total Compensation

$1.89M

Salary

$674.74K

Board Justification

The compensation philosophy aims to attract and retain qualified management while aligning executive compensation with company performance and shareholder interests.

Bonus

$809.69K

Board Justification

The cash incentive plan is based on the company's performance metrics, specifically Return on Average Tangible Common Equity (ROATCE), with a maximum payout of 120% of base salary if performance is at the 100th percentile.

Other

$20.32K

Board Justification

Includes health and welfare benefits and dividends on restricted stock.

Restricted Stock

$389.81K(389.81K RSU)

Board Justification

The value of vested stock awards based on the grant date fair value of restricted stock awards that vested in 2023.

Performance Metrics

The primary performance metric for the CEO's cash incentive plan is Return on Average Tangible Common Equity (ROATCE).

Other City Holding Company CEOs

Here are other CEOs of City Holding Company

Gerald R. Francis

Ex-CEO of City Holding Company

June 2001 - February 2005