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First Financial CEO Lowery base salary set at $698,987 under new employment agreement
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First Financial CEO Lowery base salary set at $698,987 under new employment agreement
  • First Financial entered a new employment agreement with President and CEO Norman D. Lowery, effective July 1, 2026.
  • Initial term set at 24 months; extension requires affirmative action by the Compensation Committee for an additional one-year period.
  • Annual base salary set at USD 698,987; eligible for bonus and fringe benefit plans available to other executives.
  • Termination without just cause or for good reason triggers payout of base salary and bonuses through the current term, with cash benefit-cost reimbursements.
  • Change-in-control termination within 12 months triggers the greater of the standard severance or 2.99x salary, prior-year bonus, and three years of benefit-cost reimbursements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000714562-26-000044), on June 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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