First Savings Financial Group Executive Compensation (FY24)
FSFG · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ Larry Myers | Latest say-on-pay support = February 11, 2025 |
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Data as of October 19, 2026Latest filing (8-K): February 12, 2025
12 filings cited on this page
Method: intel.velarion.ai/methodology
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190 figures on this page: 180 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Larry Myers: $642,300 → $777,964 (21.1% higher)
Say-on-pay support: 83.5% → 73.3% (10.2 points lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is First Savings Financial Group's chief executive and what were they paid?
Total compensation for Larry Myers, President and Chief Executive Officer, came to $777,964 in fiscal 2024. Compared with the $642,300 reported for fiscal 2023, Myers' total was 21.1% higher.
What was First Savings Financial Group's say-on-pay result?
The say-on-pay proposal drew 73.3% of votes cast for or against in favor at the meeting held February 11, 2025 for fiscal 2024.
Which companies are in First Savings Financial Group's peer group?
The disclosed peer group includes Benefit, Equity and Supplemental.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Larry Myers President & Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Tony Schoen Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Jackie Journell Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Larry Myers President and Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Tony Schoen Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Jackie Journell Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Larry Myers President and Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Tony Schoen Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Jackie Journell Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
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.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Larry Myers | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Tony Schoen | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Jackie Journell | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — |
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 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Martin A. Padgett | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ |
L. Chris Fordyce Board chair · Lead independent director | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ |
John E. Colin | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ |
Frank N. Czeschin | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
John P. Lawson Jr | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ |
Douglas A. York | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Pamela Bennett-Martin | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Troy D. Hanke | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Steven R. Stemler | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ |
Samuel E. Eckart | — | — | — | — | ◇ | — | ◇ |
Larry W. Myers served on the board in fiscal 2024 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 | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- Benefit BNFT
- Equity ELS
- Supplemental symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | February 11, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | February 6, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | February 7, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | February 8, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | February 16, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | February 18, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | February 19, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | February 20, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | February 14, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | February 23, 2016 | = | ◇ | ◇ | ◇ |
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- Larry Myers (President and Chief Executive Officer), FY2024 total compensation $777,964 (base salary $458,597) [exec_comp, SEC accession 0001104659-25-001979, filed 2025-01-08]What this page does not include
Everything above is a fact First Savings Financial Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where First Savings Financial Group 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
190 figures on this page: 180 cited to the filing that reported them, 10 calculated from figures it prints.
180 cited to the filing
10 calculated from the filing
Documents cited
- 0001104659-25-012071
- 0001104659-25-001979
- 0001104659-24-011280
- 0001104659-24-002606
- 0001104659-23-012502Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-22-019518Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-21-024437Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-20-022626Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001144204-19-009237Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001144204-18-009825Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001144204-17-009386Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001144204-16-083808Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “First Savings Financial Group executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/FSFG (accessed 2026).
Short form: data: Velarion
The First Savings Financial Group brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers First Savings Financial Group discloses
The companies named in FSFG's own disclosed peer group.
Terms on this page
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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}
}