Alexander KarpAlexander Karp earned $1B in 2024

In 2017, Kenneth W. Stecher earned $1.95M in total compensation at Cincinnati Financial, including $995.35K salary and $741.92K in stock. Most recently acquired 947 shares in Nov 2019. Currently holds stock worth $29.76M. Has donated $8.17M in stock to charitable causes. Led Cincinnati Financial as CEO for 8 years.

Compensation History

Annual executive compensation data for Kenneth W. Stecher, including salary, bonuses, and stock awards.

Year

2017

Total Compensation

$1.95M

Salary

$995.35K

Bonus

$0.00

Other

$216.68K

Salary

$995.35K

Board Justification

The compensation philosophy aims to attract, motivate, reward, develop, and retain executive talent required for long-term success, linking a significant portion of compensation to performance-based awards.

Bonus

$0.00

Board Justification

No discretionary cash bonuses were awarded as a regular component of compensation for the named executive officers in 2017.

Other Compensation

$216.68K

Board Justification

Includes perquisites and other personal benefits, such as employer-paid health insurance premiums and other benefits.

Restricted Stock

$741.92K741.92K RSUs

Board Justification

Represents the value of performance-based restricted stock units (PSUs) and restricted stock units (RSUs) that vested in 2017, calculated based on the fair market value on the date of grant.

Performance Metrics

The primary performance metrics for annual and long-term performance-based compensation are calibrated to the company’s performance compared with the companies in the peer group.

C

Kenneth W. Stecher

Ex-CEO of Cincinnati Financial

Education

Bachelor's degree in Accounting from the University of Cincinnati

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

September 12, 1953 - 72 years ago

CEO of Cincinnati Financial for

8 years 0 months (Jan 2009 - Jan 2017)

Previous Experience

Chief Financial Officer at Cincinnati Financial Corporation

Holdings

Track Kenneth W. Stecher's stock holdings and portfolio value over time.

Charitable Transactions

CINF

50,080 shares

CINF

Recent Charitable Transactions

CINF

2,800 shares

CINF

Nov 26, 2019

Charity

CINF

875 shares

CINF

Nov 2, 2018

Charity

CINF

2,325 shares

CINF

Nov 2, 2018

Charity

CINF

3,725 shares

CINF

Dec 4, 2017

Charity

CINF

2,700 shares

CINF

Dec 31, 2016

Charity

CINF

2,980 shares

CINF

Dec 15, 2015

Charity

Insider Trading

Kenneth W. Stecher's recent stock transactions, purchases, and sales filed with the SEC.

CINF

947 shares

CINF

Nov 26, 2019

Received

CINF

2,800 shares

CINF

Nov 26, 2019

Charity

CINF

1,242 shares

CINF

Nov 2, 2018

Received

CINF

2,325 shares

CINF

Nov 2, 2018

Charity

CINF

875 shares

CINF

Nov 2, 2018

Charity

CINF

1,154 shares

CINF

Dec 4, 2017

Received

CINF

3,725 shares

CINF

Dec 4, 2017

Charity

CINF

2,700 shares

CINF

Dec 31, 2016

Charity

CINF

10 shares

CINF

Nov 11, 2016

Received

CINF

2,980 shares

CINF

Dec 15, 2015

Charity

Rivals

Compare Kenneth W. Stecher with competitor CEOs and industry peers.