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City Holding Executive Compensation (FY25)

CHCO · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): March 27, 2026
241 figures on this page: 231 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Charles Hageboeck, President, Chief Executive Officer and Director, received $1,922,194 in total compensation for fiscal 2025, and Hageboeck's total was 0.6% higher than the $1,910,759 reported for fiscal 2024. The say-on-pay proposal drew 94.8% of votes cast for or against in favor at the meeting held April 30, 2025 for fiscal 2024. The disclosed peer group names 1st Source Corporation, Carter Bankshares, Inc., Community Trust Bancorp Inc., Farmers National Banc Corp. and Financial Institutions, Inc., among others. For fiscal 2025, the company reported 5 named executive officers.
Chief executive, fiscal 2025
◇
Charles Hageboeck
Latest say-on-pay support
=
April 30, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Charles Hageboeck: $1,910,759 → $1,922,194 (0.6% higher)
Say-on-pay support: 95.7% → 94.8% (0.9 points lower)
CEO pay ratio: 44:1 → 42:1 (4.5% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is City Holding's chief executive and what were they paid?
Charles Hageboeck, President, Chief Executive Officer and Director, received $1,922,194 in total compensation for fiscal 2025. Hageboeck's total was 0.6% higher than the $1,910,759 reported for fiscal 2024.
What was City Holding's say-on-pay result?
The say-on-pay proposal drew 94.8% of votes cast for or against in favor at the meeting held April 30, 2025 for fiscal 2024.
Which companies are in City Holding's peer group?
The disclosed peer group names 1st Source Corporation, Carter Bankshares, Inc., Community Trust Bancorp Inc., Farmers National Banc Corp. and Financial Institutions, Inc., among others.
What is City Holding's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 42:1, against median employee compensation of $45,321.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Hageboeck
President, Chief Executive Officer and Director
◇—◇—◇—◇◇
Michael Quinlan
Executive Vice President, Retail Banking
◇—◇—◇—◇◇
David Bumgarner
Chief Financial Officer
◇—◇—◇—◇◇
John DeRito
Executive Vice President, Commercial Banking
◇—◇—◇—◇◇
Jeffrey Legge
Executive Vice President, Operations/CIO
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Hageboeck
President and Chief Executive Officer
◇—◇—◇—◇◇
Michael Quinlan
Executive Vice President, Retail Banking
◇—◇—◇—◇◇
David Bumgarner
Chief Financial Officer
◇—◇—◇—◇◇
John DeRito
Executive Vice President, Commercial Banking
◇—◇—◇—◇◇
Jeffrey Legge
Executive Vice President, Operations/CIO
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Hageboeck
President, Chief Executive Officer and Director
◇—◇—◇—◇◇
Michael Quinlan
Executive Vice President, Retail Banking
◇—◇—◇—◇◇
David Bumgarner
Chief Financial Officer
◇—◇—◇—◇◇
John DeRito
Executive Vice President, Commercial Banking
◇—◇—◇—◇◇
Jeffrey Legge
Executive Vice President, Operations/CIO
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Charles R. HageboeckRSU◇——◇——◇
David L. BumgarnerRSU◇——◇——◇
Jeffrey D. LeggeRSU◇——◇——◇
John A. DeRitoRSU◇——◇——◇
Michael T. Quinlan JrRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeffrey LeggeRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
John DeRitoRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael QuinlanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Charles HageboeckRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
David BumgarnerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
C. Dallas Kayser
Board chair
◇◇————◇
James L. Rossi
◇◇————◇
Robert D. Fisher
◇◇————◇
J. Thomas Jones
◇◇————◇
Diane W. Strong-Treister
◇◇————◇
Sharon H. Rowe
◇◇————◇
Gregory A. Burton
◇◇————◇
Javier A. Reyes
◇◇————◇
James M. Parsons
◇◇————◇
James A. Hoyer
◇◇————◇
Charles R. Hageboeck served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee member◇
Compensation committee member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 1st Source Corporation SRCE
  • Carter Bankshares, Inc. CARE
  • Community Trust Bancorp Inc. CTBI
  • Farmers National Banc Corp. FMNB
  • Financial Institutions, Inc. FISI
  • First Community Bank Shares, Inc. FCBC
  • First Financial Corporation THFF
  • First Mid-Illinois Bancshares, Inc. FMBH
  • German American Bancorp, Inc. GABC
  • Home Trust Bancshares Inc. HTB
  • Horizon Bancorp Inc. HBNC
  • Lakeland Financial Corporation LKFN
  • Midland States Bancorp Inc. MSBI
  • Peoples Bancorp, Inc. PEBO
  • Republic Bancorp, Inc. RBCAA
  • S&T Bancorp, Inc. STBA
  • Shore Bancshares, Inc. SHBI
  • Stock Yards Bancorp, Inc. SYBT
  • Tompkins Financial Corp. TMP
  • Univest Corp. of Pennsylvania UVSP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024April 30, 2025=◇◇◇
2023April 24, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 12, 2022=◇◇◇
2020April 28, 2021=◇◇◇
2019April 15, 2020=◇◇◇
2018April 17, 2019=◇◇◇
2017May 2, 2018=◇◇◇
2016April 19, 2017=◇◇◇
2015April 27, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact City Holding disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where City Holding sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
241 figures on this page: 231 cited to the filing that reported them, 10 calculated from figures it prints.
231 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000726854-26-000092
    2025 DIRECTOR COMPENSATION · 2025 SUMMARY COMPENSATION TABLE · CEO Pay Ratio · Compensation of Directors · and 2 more sections
  2. 0000726854-25-000122
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0000726854-25-000112
    2024 SUMMARY COMPENSATION TABLE
  4. 0000726854-24-000127
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000726854-24-000092
    2023 SUMMARY COMPENSATION TABLE
  6. 0000726854-23-000104
  7. 0000726854-22-000069
  8. 0000726854-21-000089
  9. 0000726854-20-000068
  10. 0000726854-19-000062
  11. 0000726854-18-000021
  12. 0000726854-17-000022
  13. 0000726854-16-000076
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Velarion, “City Holding executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/CHCO (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers City Holding discloses

The companies named in CHCO's own disclosed peer group.

1st Source CorporationCarter Bankshares, Inc.Community Trust Bancorp Inc.Farmers National Banc Corp.Financial Institutions, Inc.First Community Bank Shares, Inc.First Financial CorporationFirst Mid-Illinois Bancshares, Inc.German American Bancorp, Inc.Home Trust Bancshares Inc.Horizon Bancorp Inc.Lakeland Financial CorporationMidland States Bancorp Inc.Peoples Bancorp, Inc.Republic Bancorp, Inc.S&T Bancorp, Inc.Shore Bancshares, Inc.Stock Yards Bancorp, Inc.Tompkins Financial Corp.Univest Corp. of Pennsylvania

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy