NORMAN L. LOWERY - Corporate Board Profile

FIRST FINANCIAL CORP /IN/

Filing Date	Source Excerpt
2001-03-28	Norman L. Lowery, 54, Vice Chairman of the Board; President of Terre Haute First; Member of Compensation Committee; 2000 compensation: $325,000 salary, $100,000 bonus, $4,895 other compensation
2002-03-28	Norman L. Lowery, 55, Vice Chairman of the Board; Vice President of the Corporation; President of Terre Haute First. The Corporation's Compensation Committee, which consists of Messrs. A. George, O'Leary, Lowery, Niemeyer, D. Smith, and V. Smith. Directors received pursuant to the 2001 Long-Term Incentive Plan an award of $44,500 from the Corporation.
2003-03-31	Norman L. Lowery, 56, Vice Chairman of the Board and CEO; Vice President of the Corporation; President of Terre Haute First. The Corporation's Compensation Committee, which consists of Messrs. A. George, O'Leary, Lowery, Niemeyer, D. Smith, and V. Smith. For 2002, each director received pursuant to the 2001 Long-Term Incentive Plan an award of $33,100 from the Corporation.
2004-03-15	The Corporation's Compensation Committee, which consists of Messrs. A. George, O'Leary, Lowery, Niemeyer, D. Smith, and V. Smith... For 2003, each director received pursuant to the 2001 Long-Term Incentive Plan an award of $33,400 from the Corporation, which represented 100 percent of the director's "award amount" under the plan for 2003. During 2003 a director of the Corporation and FFB received a fee of $750 for each board meeting attended. Non-employee directors also receive a fee for meetings attended of the Audit Committee of $1,000, the Compensation Committee of $1,000 and the Loan Discount Committee of $300. Each director also received from FFB a semi-annual director's fee of $2,500 on July 15th and December 16th.
2005-03-31	Norman L. Lowery, 58, Vice Chairman of the Board and CEO; Vice President of the Corporation; President of First Financial Bank N.A.
2006-03-16	Norman L. Lowery, 59, Vice Chairman of the Board and CEO; Vice President of the Corporation; President of First Financial Bank N.A.... NORMAN L. LOWERY 2005 SALARY $457,434 BONUS $150,000 ALL OTHER COMPENSATION $334,695
2007-03-29	Norman L. Lowery, Age 60 Director since 1989 Vice Chairman of the Board, Chief Executive Officer of the Corporation, and President and Chief Executive Officer of First Financial Bank, N.A. ...Norman L. Lowery $477,050 salary, $150,000 bonus, $357,300 non-equity incentive plan compensation, $54,774 all other compensation, total $1,066,504.
2008-04-02	Norman L. Lowery, Age 61 Director since 1989 Vice Chairman of the Board, Chief Executive Officer of the Corporation, and President and Chief Executive Officer of First Financial Bank, N.A. Summary Compensation Table Norman L. Lowery Total annual compensation $1,307,900
2009-03-27	Norman L. Lowery, Age 62 Director since 1989 Vice Chairman of the Board, Chief Executive Officer of the Corporation, and President and Chief Executive Officer of First Financial Bank, N.A. Norman L. Lowery, the Vice Chairman of the Board and Chief Executive Officer of the Corporation, is not included in this table because he is an employee of the Corporation. His total annual compensation for 2008 was $1,261,190 as shown in the Summary Compensation Table.
2010-03-25	Norman L. Lowery, Age 63, Director since 1989, Vice Chairman of the Board, Chief Executive Officer of the Corporation, and President and Chief Executive Officer of First Financial Bank, N.A. Member of Acquisition, Affirmative Action, Asset Liability, Community Reinvestment Act, Disaster Recovery, Disclosure, Discount, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review and Strategic Planning Committees. Compensation: $1,526,314.
2011-03-22	Norman L. Lowery joined the First Financial Corporation Board in 1989. He serves on the Acquisition, Affirmative Action, Asset Liability, Community Reinvestment Act, Disaster Recovery, Disclosure, Loan, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review and the Strategic Planning Committees. Mr. Lowery is the Vice Chairman and Chief Executive Officer of First Financial Corporation.
2012-03-20	Norman L. Lowery, Age 65 Director since 1989 Vice Chairman of the Board, Chief Executive Officer of the Corporation, and President and Chief Executive Officer of First Financial Bank, N.A. Norman L. Lowery is the Vice Chairman and Chief Executive Officer of First Financial Corporation, serving since 1996 and 2004 respectively. He is also the President and Chief Executive Officer of First Financial Bank, serving since 1996. Neither Donald E. Smith nor Norman L. Lowery receives compensation for services on the Board of Directors of the Corporation or First Financial Bank. The compensation received by Mr. Smith and Mr. Lowery as employees of the Corporation is shown in the Summary Compensation Table on page 30.
2013-03-22	Mr. Lowery joined the Board in 1989. He serves on the Corporation’s Acquisition, Affirmative Action, Disaster Recovery, Disclosure, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review and Strategic Planning Committees. Mr. Lowery also serves on the Bank’s Asset Liability and Community Reinvestment Act Committees. Mr. Lowery is the Vice Chairman and Chief Executive Officer of First Financial Corporation, serving since 1996 and 2004 respectively.
2014-03-19	Mr. Lowery joined the Board in 1989. He serves on the Corporation’s Acquisition, Affirmative Action, Disaster Recovery, Disclosure, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review and Strategic Planning Committees. Mr. Lowery also serves on the Bank’s Asset Liability and Community Reinvestment Act Committees. Mr. Lowery is the Vice Chairman, Chief Executive Officer, and President of First Financial Corporation, serving since 1996, 2004, and 2013 respectively He is also the Vice Chairman, President and Chief Executive Officer of First Financial Bank, serving since 1996. ... Employee directors receive no compensation for meetings attended.
2015-03-13	Norman L. Lowery, Age 68 Mr. Lowery joined the Board in 1989 and has served as its Vice Chairman since 1996. He serves on the Corporation’s Acquisition, Affirmative Action, Disaster Recovery, Disclosure, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review and Strategic Planning Committees. Mr. Lowery also serves on the Bank’s Asset Liability, Community Reinvestment Act and Loan Committees. Mr. Lowery is the Chief Executive Officer and President of the Corporation, serving in those positions since 2004, and 2013 respectively, and the Vice Chairman, President and Chief Executive Officer of the Bank, serving since 1996.
2016-03-18	Mr. Lowery is the Chief Executive Officer and President of the Corporation, serving in those positions since 2004, and 2013 respectively, and the Vice Chairman, President and Chief Executive Officer of the Bank, serving since 1996. ... Employee directors receive no compensation for their service on the boards or board committees of the Corporation and the Bank.
2017-03-15	Mr. Lowery joined the Board in 1989 and has served as its Vice Chairman since 1996. He serves on the Corporation’s Acquisition, Affirmative Action, Disaster Recovery, Disclosure, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review, Strategic Planning and Cyber Security Committees. Mr. Lowery also serves on the Bank’s Asset Liability, Community Reinvestment Act and Loan Committees. Mr. Lowery is the Chief Executive Officer and President of the Corporation, serving in those positions since 2004, and 2013 respectively.
2018-03-14	Mr. Lowery joined the Board in 1989 and has served as its Vice Chairman since 1996. He serves on the Corporation’s Acquisition, Affirmative Action, Disaster Recovery, Disclosure, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review, Strategic Planning and Cyber Security Committees. Mr. Lowery also serves on the Bank’s Asset Liability, Community Reinvestment Act and Loan Committees. Mr. Lowery is the Chief Executive Officer and President of the Corporation, serving in those positions since 2004 and 2013, respectively, and the Vice Chairman, President and Chief Executive Officer of the Bank, serving since 1996. Employee directors receive no compensation for their service on the boards or board committees of the Corporation and the Bank.
2019-03-14	Mr. Lowery is the Chief Executive Officer and President of the Corporation and the Bank. Employee directors receive no compensation for their service on the boards or board committees of the Corporation and the Bank.
2020-03-13	Mr. Lowery joined the Board in 1989 and was appointed Chairman of the Board following the death of B. Guille Cox, Jr. in November 2019. Prior to that, Mr. Lowery served as Vice Chairman of the Board since 1996. He serves on the Corporation’s Acquisition, Affirmative Action, Disaster Recovery, Disclosure, Executive, Enterprise Risk Management, Loan Policy and Procedures, Loan Review, Strategic Planning and Cyber Security Committees. Mr. Lowery also serves on the Bank’s Asset Liability, Community Reinvestment Act and Loan Committees. Mr. Lowery is the Chief Executive Officer and President of the Corporation, serving in those positions since 2004 and 2013, respectively, and the Chairman, President and Chief Executive Officer of the Bank, serving since 1996.
2021-03-08	Mr. Lowery joined the Board in 1989 and was appointed Chairman of the Board in November 2020. Prior to that, Mr. Lowery served as Vice Chairman of the Board since 1996. He serves as the Chairman for the Corporation’s Acquisition, Disclosure, Executive and Strategic Planning Committees and serves on the Affirmative Action, Asset/Liability, Disaster Recovery, Enterprise Risk Management, Loan Policy and Procedures, Loan Review, Reserve Analysis, Social Media and Cybersecurity Committees and Employee Benefits Sub-Committee. Mr. Lowery also serves as the Chairman on the Bank’s Executive, Executive Loan and Strategic Planning Committees and serves on the Affirmative Action, Asset/Liability, Community Reinvestment Act, Cybersecurity, Disaster Recovery, Disclosure, Enterprise Risk Management, Loan Administration and Loan Review, Loan Policy and Procedures, Reserve Analysis, Social Media, Technology and Loan Committees. Mr. Lowery is the Chief Executive Officer and President of the Corporation, serving in those positions since 2004 and 2013, respectively, and the Chairman, President and Chief Executive Officer of the Bank, serving since 1996.
2023-03-17	Mr. Lowery joined the Board in 1989 and was appointed Chairman of the Board in November 2020. He is the Chief Executive Officer and President of the Corporation and the Bank. Mr. Lowery received total compensation of $1,716,737 in 2022.
2024-03-15	Mr. Norman L. Lowery joined the Board in 1989, and as of January 1, 2024, serves as Executive Chairman of the Board. Prior to that, Mr. Lowery had served as Chairman of the Board since November 2020 and as Vice Chairman of the Board from 1996 through 2020, and served as our Chief Executive Officer and President from 2004 and 2013, respectively, until January 1, 2024. He serves as the Chairman for the Corporation’s Acquisition, Disclosure, Executive and Strategic Planning Committees and serves on the Enterprise Risk Management, Reserve Analysis Committees. Mr. Lowery also serves as the Chairman on the Bank’s Executive, Executive Loan and Strategic Planning Committees and serves on the Disclosure, Enterprise Risk Management, Loan Administration and Loan Review, Reserve Analysis, and Loan Committees. Until January 1, 2024, Mr. Lowery also was the Chairman, President and Chief Executive Officer of the Bank, serving since 1996. Prior to joining the Corporation, Mr. Lowery was a partner in the law firm of Wright, Shagley & Lowery, P.C., where he practiced for 19 years. He also served on Indiana State University’s Board of Trustees and Foundation Board. Mr. Lowery serves on the board of the Terre Haute Area Economic Development Corporation. He is the father of Norman D. Lowery, the President and Chief Executive Officer of the Corporation and the Bank. He received a B.S. degree from Indiana State University and a Doctor of Jurisprudence degree from Indiana University.