FRANKLIN H. FARRIS, JR. - Corporate Board Profile

COMMUNITY TRUST BANCORP INC /KY/

Filing Date	Source Excerpt
2019-03-20	Franklin H. Farris, Jr., age 68, was appointed to the Board on February 26, 2019. ... Franklin H. Farris, Jr. is expected to be added to the Audit and Asset Quality Committee on April 23, 2019. ... Franklin H. Farris, Jr. is expected to be added to the Risk and Compliance Committee on April 23, 2019. ... Directors who are also officers of CTBI did not receive additional compensation for serving as a director. No option awards, stock awards, retirement benefits, or other benefits are provided to directors of CTBI.
2020-03-23	Franklin H. Farris, Jr., age 69, was appointed to the Board on February 26, 2019. Mr. Farris serves as Chairman of the Board’s Audit and Asset Quality Committee and as a member of the Board’s Risk and Compliance Committee. Directors of CTBI, excluding the Chairman of the Audit Committee, the Chairman of the Risk and Compliance Committee, and the Chairman of the Compensation Committee, who are not also officers of CTBI, were paid $8,750 per quarter for 2019, plus $600 for any committee meeting attended the day prior to regularly scheduled quarterly Board meetings. The Chairman of the Audit Committee was paid $13,125 per quarter. The Chairman of the Risk and Compliance Committee and the Chairman of the Compensation Committee were each paid $11,875 per quarter for 2019. Directors are paid $100 for special committee meetings by telephone and $300 for other committee meetings held on days other than the day prior to regularly scheduled quarterly Board meetings. Directors who are also officers of CTBI did not receive additional compensation for serving as a director. The following table shows the total fees paid in 2019 to each director serving as of December 31, 2019. Franklin H. Farris, Jr. $45,817.
2021-03-18	Franklin H. Farris, Jr., age 70, was appointed to the Board on February 26, 2019. Mr. Farris serves as Chairman of the Board’s Audit and Asset Quality Committee and as a member of the Board’s Risk and Compliance Committee and Nominating and Corporate Governance Committee. Directors of CTBI, excluding the Chairman of the Audit Committee, the Chairman of the Risk and Compliance Committee, and the Chairman of the Compensation Committee, who are not also officers of CTBI, were paid $10,625 per quarter for 2020, plus $600 for any committee meeting attended the day prior to regularly scheduled quarterly Board meetings. The Chairman of the Audit Committee was paid $13,125 per quarter. The Chairman of the Risk and Compliance Committee and the Chairman of the Compensation Committee were each paid $11,875 per quarter for 2020. Directors are paid $100 for special committee meetings by telephone and $300 for other committee meetings held on days other than the day prior to regularly scheduled quarterly Board meetings. Directors who are also officers of CTBI did not receive additional compensation for serving as a director. No option awards, stock awards, retirement benefits, or other benefits are provided to directors of CTBI. The following table shows the total fees paid in 2020 to each director serving as of December 31, 2020. Franklin H. Farris, Jr.: $55,900.
2022-03-22	Franklin H. Farris, Jr., age 71, was appointed to the Board on February 26, 2019. Mr. Farris serves as Chairman of the Board’s Audit and Asset Quality Committee and as a member of the Board’s Risk and Compliance Committee and Nominating and Corporate Governance Committee. He is also a director of CTIC and a member of the Loan Committee of CTBI’s banking subsidiary, Community Trust Bank, Inc. Directors of CTBI, excluding the Chairman of the Audit Committee, the Chairman of the Risk and Compliance Committee, and the Chairman of the Compensation Committee, who are not also officers of CTBI, were paid $12,500 per quarter for 2021, plus $600 for any committee meeting attended the day prior to regularly scheduled quarterly Board meetings. The Chairman of the Audit Committee was paid $15,000 per quarter. The Chairman of the Risk and Compliance Committee and the Chairman of the Compensation Committee were each paid $13,750 per quarter for 2021. Directors are paid $100 for special committee meetings by telephone and $300 for other committee meetings held on days other than the day prior to regularly scheduled quarterly Board meetings. Directors who are also officers of CTBI did not receive additional compensation for serving as a director. The following table shows the total fees paid in 2021 to each director serving as of December 31, 2021. Franklin H. Farris, Jr. $65,900.
2023-03-23	Franklin H. Farris, Jr., age 72, was appointed to the Board on February 26, 2019. Mr. Farris serves as Chairman of the Board’s Audit and Asset Quality Committee and as a member of the Board’s Risk and Compliance Committee and Nominating and Corporate Governance Committee. He is also a director of CTIC and a member of the Loan Committee of CTBI’s banking subsidiary, Community Trust Bank, Inc. (CTB).
2024-03-18	Franklin H. Farris, Jr., age 73, was appointed to the Board on February 26, 2019. Mr. Farris serves as Chairman of the Board’s Audit and Asset Quality Committee and as a member of the Board’s Risk and Compliance Committee and Nominating and Corporate Governance Committee. Directors of CTBI were paid $14,375 per quarter for 2023, plus $600 for any committee meeting attended the day prior to regularly scheduled quarterly Board meetings. The Chairman of the Board’s Audit Committee was paid an additional $3,125 per quarter. The following table shows the total fees paid in 2023 to each director serving as of December 31, 2023. Franklin H. Farris, Jr.: $78,967.
2025-03-21	Mr. Farris served as managing partner of the Louisville office of KPMG LLP, an international public accounting firm, from 2004 to 2009.