Premier Financial Executive Compensation (FY23)
PFC · Executive and director compensation, fiscal 2022 to 2023
Chief executive, fiscal 2023 ◇ Gary Small | Latest say-on-pay support = April 30, 2024 |
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Data as of October 12, 2026Latest filing (8-K): May 3, 2024
10 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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170 figures on this page: 162 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
More on Premier Financial
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Gary Small: $1,164,109 → $1,107,726 (4.8% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Premier Financial's chief executive and what were they paid?
Gary Small was paid $1,107,726 in total compensation as President and CEO of Premier and Premier Bank for fiscal 2023. Small's total was 4.8% lower than the $1,164,109 reported for fiscal 2022.
What was Premier Financial's say-on-pay result?
The say-on-pay proposal drew 93.7% of votes cast for or against in favor at the meeting held April 30, 2024 for fiscal 2023.
Which companies are in Premier Financial's peer group?
Companies named in the disclosed peer group include 1st Source Corporation, City Holding Company, Enterprise Financial Services Corp, First Busey Corporation and First Commonwealth Financial Corp, among others.
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 |
|---|---|---|---|---|---|---|---|---|
Gary Small President and CEO of Premier and Premier Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Donald Hileman Executive Chair | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Paul Nungester Executive Vice President and Chief Financial Officer of Premier and Premier Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Tina Shaver Executive Vice President and Chief Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Varun Chandhok Executive Vice President and Chief Information and Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Matthew Garrity Former Executive Vice President and Chief Lending Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gary Small President and CEO of Premier and Premier Bank | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul Nungester Executive Vice President and Chief Financial Officer of Premier and Premier Bank | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Shannon Kuhl Executive Vice President and Chief Legal Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Varun Chandhok Executive Vice President and Chief Information and Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rick Hull Executive Vice President and Head of Commercial Banking | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 2023 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Varun Chandhok | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Shannon Kuhl | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Rick Hull | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Gary Small | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Paul Nungester | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Paul Nungester
Executive Vice President and Chief Financial Officer of Premier and Premier Bank · Terms as described in the company’s compensation discussion · citing a 2024 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Rick Hull
Executive Vice President and Head of Commercial Banking · Terms as described in the company’s compensation discussion · citing a 2024 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2023
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Donald P. Hileman Board chair | — | — | — | — | — | ◇ | ◇ |
Richard J. Schiraldi Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
John L. Bookmyer | ◇ | ◇ | — | — | — | — | ◇ |
Charles D. Niehaus | ◇ | ◇ | — | — | — | — | ◇ |
Samuel S. Strausbaugh | ◇ | ◇ | — | — | — | — | ◇ |
Marty E. Adams | ◇ | ◇ | — | — | — | — | ◇ |
Terri A. Bettinger | ◇ | ◇ | — | — | — | — | ◇ |
Jean A. Hubbard | ◇ | ◇ | — | — | — | — | ◇ |
Zahid Afzal | ◇ | ◇ | — | — | — | — | ◇ |
Louis M. Altman | ◇ | ◇ | — | — | — | — | ◇ |
Mark A. Robison | ◇ | ◇ | — | — | — | — | ◇ |
Lee Burdman | ◇ | ◇ | — | — | — | — | ◇ |
Nikki R. Lanier | ◇ | ◇ | — | — | — | — | ◇ |
Gary M. Small served on the board in fiscal 2023 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 chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
- 1st Source Corporation SRCE
- City Holding Company CHCO
- Enterprise Financial Services Corp EFSC
- First Busey Corporation BUSE
- First Commonwealth Financial Corp FCF
- German American Bancorp GABC
- Great Southern Bancorp GSBC
- Horizon Bancorp HBNC
- Lakeland Financial Corporation LKFN
- Midland States Bancorp MSBI
- MidWestOne Financial Group MOFG
- Northwest Bancshares NWBI
- Park National Corporation PRK
- Peoples Bancorp Inc PEBO
- QCR Holdings QCRH
- Republic Bancorp RBCAA
- S & T Bancorp STBA
- Univest Financial Corporation UVSP
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2023 | April 30, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 25, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 29, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 28, 2020 | = | ◇ | ◇ | ◇ |
| 2017 | April 24, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 9, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 19, 2016 | = | ◇ | ◇ | ◇ |
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Sample answer — “What is the CEO’s total compensation?”
- Gary Small (President and CEO of Premier and Premier Bank), FY2023 total compensation $1,107,726 (base salary $617,077) [exec_comp, SEC accession 0001140361-24-013910, filed 2024-03-18]What this page does not include
Everything above is a fact Premier Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Premier Financial 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.
170 figures on this page: 162 cited to the filing that reported them, 8 calculated from figures it prints.
162 cited to the filing
8 calculated from the filing
Documents cited
- 0000950170-24-052506Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-24-013910Compensation Discussion and Analysis · DIRECTOR COMPENSATION · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END 2023 · SUMMARY COMPENSATION TABLE
- 0000950170-23-015591Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-23-011405SUMMARY COMPENSATION TABLE
- 0000950170-22-006480
- 0001193125-21-147519
- 0001193125-20-131845
- 0001144204-18-023036
- 0001144204-17-026831
- 0001144204-16-095667
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This page is free to cite. Attribution we ask for:
Velarion, “Premier Financial executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/PFC (accessed 2026).
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The paid brief for Premier Financial
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
10 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 Premier Financial discloses
The companies named in PFC's own disclosed peer group.
1st Source CorporationCity Holding CompanyEnterprise Financial Services CorpFirst Busey CorporationFirst Commonwealth Financial CorpGerman American BancorpGreat Southern BancorpHorizon BancorpLakeland Financial CorporationMidland States BancorpMidWestOne Financial GroupNorthwest BancsharesPark National CorporationPeoples Bancorp IncQCR HoldingsRepublic BancorpS & T BancorpUnivest Financial Corporation
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
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}
}