D. Neil Dauby is the President and CEO of German American Bancorp, a position he has held since January 2022. With a strong background in finance and over 20 years of banking experience, he initially joined the company in 2001...

D. Neil Dauby is the President and CEO of German American Bancorp, a position he has held since January 2022. With a strong background in finance and over 20 years of banking experience, he initially joined the company in 2001 after a 15-year stint in public accounting. Dauby previously served as the company’s Chief Operating Officer and Chief Commercial Banking Officer before moving into his current role. He leads by focusing on operational efficiencies and financial growth. Under his leadership, the company emphasizes strong performance metrics to drive growth in core loans and deposits. Notably, in 2023, Dauby earned a total compensation of over $1.4 million, which reflects his significant contributions to the company's success. Additionally, he was appointed as the Chairman of the Board in May 2023, further highlighting his integral role in the company.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other German American Bancorp CEOs

G

D. Neil Dauby

CEO of German American Bancorp

Education

Bachelor's degree in Finance

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1973 - 52 years ago

CEO of German American Bancorp for

4 years 3 months (Jan 2021 - Present)

Previous Experience

Executive Vice President and Chief Commercial Banking Officer at German American Bancorp, Inc.

Rivals

Competitors/colleagues of D. Neil Dauby

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

F

Van A. Dukeman

CEO of First Busey Corporation

2023 Compensation

Stock

$0.00

Salary

$725.00K

Bonus

$561.88K

Other

$51.10K

Total Holdings

$9.87M

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

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

Holdings

See how much did D. Neil Dauby make over time.

As of December 2023, D. Neil Dauby had significant holdings in German American Bancorp, comprising over 29,000 restricted shares worth approximately $947,150. This represents a strong commitment to the company's growth and a personal investment in future success. His holdings...

As of December 2023, D. Neil Dauby had significant holdings in German American Bancorp, comprising over 29,000 restricted shares worth approximately $947,150. This represents a strong commitment to the company's growth and a personal investment in future success. His holdings increased notably in 2023 as he vested in over 3,000 shares, reflecting a robust performance period. Dauby's wealth is closely tied to the company's performance, showcasing his role in driving its success. In the past, he has seen fluctuations in his net worth tied to the company's stock performance, which adds an interesting layer to his leadership narrative, as he directly benefits from effective management and strategic growth.

Insider Trading

See recent insider trades of D. Neil Dauby.

GABC

13,288 shares

GABC

Mar 15, 2024

Received

GABC

11,867 shares

GABC

Mar 15, 2023

Received

GABC

6,104 shares

GABC

Mar 15, 2022

Received

GABC

3,005 shares

GABC

Mar 15, 2021

Received

GABC

1,158 shares

GABC

Mar 15, 2020

Received

GABC

720 shares

GABC

Mar 15, 2019

Received

GABC

1,470 shares

GABC

Mar 15, 2018

Received

GABC

990 shares

GABC

Mar 15, 2017

Purchase

Compensation History

See how much did D. Neil Dauby make over time.

In 2023, D. Neil Dauby received total compensation of $1,418,115. This amount includes a base salary of $625,000, which was a notable increase from the previous year. Unlike many executives, he did not receive a bonus. Most of his compensation came from vested stock awards, amounting to approximately $423,754, which aligns with the company's long-term performance incentives. Dauby's pay is designed to motivate and reward performance that drives shareholder value and supports the company's strategic goals. The compensation philosophy at German American Bancorp emphasizes performance metrics, which include growth in earnings and efficiency ratios, aligning Dauby's interests with those of the shareholders.

Year

2023

Total Compensation

$1.30M

Salary

$625.00K

Board Justification

The compensation philosophy seeks to reward upside via short- and long-term incentive plans when strong performance warrants such payouts, targeting base salaries in the 50th to 60th percentile of the competitive market for Executive Officers.

Bonus

$0.00

Board Justification

No discretionary bonus payments were made to the Named Executive Officers in any of the years presented.

Other

$254.69K

Board Justification

Includes perquisites and other personal benefits, company contributions to defined contribution plans, and cash dividends on restricted stock.

Restricted Stock

$423.75K(423.75K restricted stock)

Board Justification

The value of the long-term incentive awards granted under the Executive Management Incentive Plan in effect for the three-year performance periods ending December 31, 2023, payable in shares of restricted stock determined on the related grant date.

Performance Metrics

Performance metrics include earnings per common share growth, efficiency ratio, growth in core organic taxable loans, growth in core organic deposits and repurchase agreements, and non-performing assets to total assets ratio.

Other German American Bancorp CEOs

Here are other CEOs of German American Bancorp

Mark A. Schroeder

Ex-CEO of German American Bancorp

May 2009 - May 2022