In 2022, Dennis G. Shaffer earned $883.97K in total compensation at Civista Bancshares, including $513.46K salary, $231.06K bonus and $94.44K in stock. Most recently acquired 4,262 shares in Mar 2024. Currently holds stock worth $925.98K. 7+ years at the helm of Civista Bancshares.
Compensation History
Annual executive compensation data for Dennis G. Shaffer, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$883.97K
Salary
$513.46K
Bonus
$231.06K
Other
$45.01K
Salary
$513.46KBoard 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
$231.06KBoard 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 Compensation
$45.01KBoard 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
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.
Dennis G. Shaffer
CEO of Civista Bancshares
Education
MBA from University of Toledo
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
October 10, 1962 - 63 years ago
CEO of Civista Bancshares for
7 years 11 months (Jan 2018 - Present)
Previous Experience
Executive Vice President at Civista Bank
Other Civista Bancshares CEOs
Holdings
Track Dennis G. Shaffer's stock holdings and portfolio value over time.
Insider Trading
Dennis G. Shaffer's recent stock transactions, purchases, and sales filed with the SEC.
4,262 shares
CIVB
Mar 12, 2024
Received
8,225 shares
CIVB
Mar 14, 2023
Received
3,853 shares
CIVB
Mar 2, 2022
Received
5,968 shares
CIVB
Mar 3, 2021
Received
3,276 shares
CIVB
Mar 13, 2020
Received
2,403 shares
CIVB
Mar 14, 2019
Received
1,572 shares
CIVB
Apr 10, 2018
Received
1,570 shares
CIVB
Mar 20, 2017
Received
2,468 shares
CIVB
Apr 25, 2016
Received
Rivals
Compare Dennis G. Shaffer with competitor CEOs and industry peers.
Richard M. Adams, Jr.
CEO of United Bankshares
2023 Compensation
Stock
$609.36K
Salary
$1.00M
Bonus
$1.09M
Other
$59.30K
Total Holdings
$378.14K
Keith A. Wilton
CEO of Heritage Commerce
2021 Compensation
Stock
$268.63K
Salary
$154.31K
Bonus
$0.00
Other
$1.48M
Total Holdings
$1.12M
George M. Pereira
CEO of Pacific Premier Bancorp
2022 Compensation
Stock
$2.05M
Salary
$950.00K
Bonus
$522.50K
Other
$0.00
Total Holdings
$189.00K
Len D. Devaisher
CEO of MidWestOne Financial Group
2022 Compensation
Stock
$0.00
Salary
$426.92K
Bonus
$100.00K
Other
$17.05K
Total Holdings
$57.06K