Sundar PichaiSundar Pichai earned $164M in 2023
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Dennis G. Shaffer

CEO of Civista Bancshares

Education

MBA from University of Toledo

Field of Expertise

Finance & Banking - Finance

Born

October 10, 1962 - 62 years ago

Economy Sector

Financial Services

Current Tenure

7 years 1 month (Jan 2018 - Present)

Previous Experience

Executive Vice President at Civista Bank

Dennis G. Shaffer has been the CEO of Civista Bancshares since January 1, 2018. He has a solid background in finance, having joined the company in 2009 and climbing the ranks to become President and CEO. Under his leadership, Civista...

Year

2022

Total Compensation

$883.97K

Salary

$513.46K

Board Justification

The Corporation’s compensation program aims to attract, retain, and motivate key employees while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$231.06K

Board Justification

Discretionary bonus based on the Corporation’s performance measures including net income, efficiency ratio, total loans, and average deposits for the fiscal year 2022.

Other

$45.01K

Board Justification

Includes matching contributions and profit-sharing contributions allocated under the 401(k) plan, life insurance premiums, long-term disability insurance, and dividends received from restricted common shares prior to vesting.

Restricted Stock

$94.44K(3.85K Restricted Common Shares)

Board Justification

Restricted common shares granted under the 2014 Incentive Plan that vested in 2022.

Performance Metrics

Net income, efficiency ratio, total loans, and average deposits.