Donald P. Hileman has a solid background in finance, holding a Bachelor's degree and an MBA from Heidelberg College. He began his journey in the financial services industry over 30 years ago and has held various key positions. Known for...

Donald P. Hileman has a solid background in finance, holding a Bachelor's degree and an MBA from Heidelberg College. He began his journey in the financial services industry over 30 years ago and has held various key positions. Known for his strategic insights, he served as the CEO of Premier Financial Corp. from 2014 until 2021, when he transitioned to Chairman of the Board. Before that, he was the CFO at the same company and also held roles at First Defiance Financial Corp., where he was integral in leadership changes and company direction. In 2020, Hileman was active in insider trading, with significant transactions peaking around $2.70 million in the stocks traded in various months during 2021. His compensation also reflects the company’s performance, with notable ups and downs—his total compensation dropped from over $900,000 in 2020 to around $482,000 in 2021 during his transition. Hileman's decisions and performance metrics during his tenure have been closely linked to metrics like Earnings Per Share and Efficiency Ratio, showing his focus on driving results.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Premier Financial Corp. CEOs

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Donald P. Hileman

Ex-CEO of Premier Financial Corp.

Education

Bachelor's degree and an MBA from Heidelberg College

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1952 - 73 years ago

CEO of Premier Financial Corp. for

7 years 3 months (Jan 2014 - Apr 2021)

Previous Experience

Chief Financial Officer of Premier Financial Corp.

Rivals

Competitors/colleagues of Donald P. Hileman

Holdings

See how much did Donald P. Hileman make over time.

Donald Hileman's holdings in Premier Financial Corp. showed significant fluctuations, particularly in 2021. His trading activity peaked with transactions amounting to around $2.70 million, reflecting his strong belief in the company. In 2020, just before his transition to Executive Chairman,...

Donald Hileman's holdings in Premier Financial Corp. showed significant fluctuations, particularly in 2021. His trading activity peaked with transactions amounting to around $2.70 million, reflecting his strong belief in the company. In 2020, just before his transition to Executive Chairman, he engaged in major insider trades, indicating confidence in the growth of Premier Financial. His trading patterns show consistent presence in the market, with monthly trades ranging from around $1.30 million to $2.70 million during 2021, reflecting a deep connection to the performance of his company's stock. Despite a dip in his total compensation in 2021, Hileman maintained a significant investment in Premier, illustrating his strong commitment to the firm.

Total Stock Sold

$378.82K

PFC

$378.82K

16,000 PFC shares

What if they kept their stock?

If Donald P. Hileman didn't sell their stock, today they would have:
Extra PFC16,000 shares worth $301.28K.
This is -20.47% and $77.54K less than what they got when they sold the stock.

Charitable Transactions

PFC

1,760 shares

PFC

Recent Charitable Transactions

PFC

620 shares

PFC

Feb 13, 2023

Charity

PFC

270 shares

PFC

Nov 14, 2022

Charity

PFC

270 shares

PFC

May 16, 2022

Charity

PFC

270 shares

PFC

Mar 21, 2022

Charity

PFC

270 shares

PFC

Nov 22, 2021

Charity

PFC

60 shares

PFC

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of Donald P. Hileman.

PFC

$35.46K

PFC at $23.64/share

Aug 15, 2024

Sale

PFC

2,067 shares

PFC

Aug 1, 2024

Received

PFC

$31.79K

PFC at $21.19/share

May 15, 2024

Sale

PFC

$30.11K

PFC at $20.07/share

Feb 14, 2024

Sale

PFC

826 shares

PFC

Feb 14, 2024

Received

PFC

$30.89K

PFC at $20.59/share

Nov 20, 2023

Sale

PFC

$31.96K

PFC at $21.31/share

Aug 14, 2023

Sale

PFC

$20.90K

PFC at $13.93/share

May 15, 2023

Sale

PFC

8,539 shares

PFC

Feb 13, 2023

Received

PFC

$37.45K

PFC at $24.97/share

Feb 13, 2023

Sale

Compensation History

See how much did Donald P. Hileman make over time.

Donald P. Hileman's compensation has seen notable shifts over the years, peaking at over $1 million in 2020 due to performance bonuses aligned with the company's strong financial metrics. In 2021, however, as he transitioned from CEO to Executive Chairman, his total compensation dropped to $482,043, highlighting a focus on cash over stock during this change. The breakdown of his salary includes a base of $264,973 with no bonuses since he was stepping down. Prior years showed performance-based bonuses that significantly boosted his pay, reflecting his tight grip on the company’s performance targets. Most of his compensation was linked to strategic performance goals, keeping him aligned with shareholder interests.

Year

2021

Total Compensation

$312.66K

Salary

$264.97K

Board Justification

The compensation philosophy focuses on aligning executive compensation with performance and market standards to attract and retain talent.

Bonus

$0.00

Board Justification

No bonus was awarded for 2021 as Mr. Hileman transitioned to Executive Chairman.

Other

$47.69K

Board Justification

Other compensation includes life insurance premiums, 401(k) match, and other personal benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2021 as the focus was on cash compensation and the transition to Executive Chairman.

Performance Metrics

Performance metrics for 2021 included corporate performance goals related to net income and efficiency ratios.

Other Premier Financial Corp. CEOs

Here are other CEOs of Premier Financial Corp.

Gary M. Small

CEO of Premier Financial Corp.

April 2021 - Present