In 2023, Craig M. Dwight earned $1.54M in total compensation at Horizon Bancorp, including $342.12K salary and $392.43K bonus. Most recently sold 20,000 shares in Feb 2025. Currently holds stock worth $9.25M. Led Horizon Bancorp as CEO for 22 years.
Compensation History
Annual executive compensation data for Craig M. Dwight, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.54M
Salary
$342.12K
Bonus
$392.43K
Other
$806.21K
Salary
$342.12KBoard Justification
Horizon Bancorp's compensation philosophy is designed to align executive compensation with the company's performance and shareholder interests, ensuring that a significant portion of compensation is performance-based.
Bonus
$392.43KBoard Justification
Target bonus payout as per employment agreement upon retirement.
Other Compensation
$806.21KBoard Justification
Includes retirement payments, health benefits, and other accrued compensation as per the employment agreement.
Restricted Stock
Board Justification
No stock was vested in 2023 as Mr. Dwight's stock awards were not included in the total compensation calculations for the year.
Performance Metrics
Performance metrics include net income and efficiency ratios, which determine the bonus payouts for executives.
Craig M. Dwight
Ex-CEO of Horizon Bancorp
Education
Bachelor's degree in Business Administration
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1958 - 67 years ago
CEO of Horizon Bancorp for
22 years 5 months (Jan 2001 - Jun 2023)
Previous Experience
Various executive roles in banking and finance
Other Horizon Bancorp CEOs
Holdings
Track Craig M. Dwight's stock holdings and portfolio value over time.
Total Stock Sold
$4.61M
$4.61M
254,367 HBNC shares
What if they kept their stock?
If Craig M. Dwight didn't sell their stock, today they would have:
Extra HBNC254,367 shares worth $4.40M.
This is -4.52% and $208.41K less than what they got when they sold the stock.
Insider Trading
Craig M. Dwight's recent stock transactions, purchases, and sales filed with the SEC.
$342.80K
HBNC at $17.14/share
Feb 19, 2025
Sale
$39.82K
HBNC at $11.99/share
May 1, 2024
Received
11,274 shares
HBNC
Mar 18, 2024
Received
79,640 shares
HBNC
Mar 21, 2023
Received
$30.16K
HBNC at $15.08/share
Nov 2, 2022
Purchase
4,193 shares
HBNC
Mar 15, 2022
Received
2,967 shares
HBNC
Mar 16, 2021
Received
$190.38K
HBNC at $18.50/share
Feb 23, 2021
Sale
885 shares
HBNC
Oct 5, 2020
Inheritance
20,359 shares
HBNC
Mar 17, 2020
Received
Rivals
Compare Craig M. Dwight with competitor CEOs and industry peers.
Kevin S. Kim
CEO of Hope Bancorp
2023 Compensation
Stock
$700.98K
Salary
$1.05M
Bonus
$1.05K
Other
$60.71K
Total Holdings
$1.27M
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K
Frank S. Sorrentino III
Founder and CEO of Center Bancorp
2023 Compensation
Stock
$1.63M
Salary
$945.00K
Bonus
$878.90K
Other
$182.00K
Total Holdings
$57.14M