JOHN H. KOCHENSPARGER III - Corporate Board Profile

LCNB CORP

Filing Date	Source Excerpt
2013-03-11	John H. Kochensparger III previously served as a member of the board of directors of First Capital Bancshares Inc. and Citizens National Bank of Chillicothe, Ohio for 22 years, and served as Chairman of the board for the past 10 years. Mr. Kochensparger was self-employed as an independent manufacturer’s representative for companies relating to the golf industry. He also serves as Vice President of the National Golf Salesmen Association. He brings 25 years of banking and management experience to the Board. Mr. Kochensparger serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2012. John H. Kochensparger III: Fees Earned or Paid in Cash $0, Non-Equity Incentive Plan Compensation $0, Total $0.
2014-03-17	John H. Kochensparger III previously served as a member of the board of directors of First Capital Bancshares Inc. and Citizens National Bank of Chillicothe, Ohio for 22 years, and served as Chairman of the board for the past 10 years. Mr. Kochensparger was self-employed as an independent manufacturer’s representative for companies relating to the golf industry. He also serves as Vice President of the National Golf Salesmen Association. He brings 26 years of banking and management experience to the Board. Mr. Kochensparger serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets twice per month, for which each is compensated at a rate of $14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2013, the directors each received compensation under this plan equal to 11.5% of their annual base compensation and committee meeting fees earned during 2013. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2013. John H. Kochensparger III: $14,900 fees earned or paid in cash, $1,713 non-equity incentive plan compensation, total $16,613.
2015-03-13	Mr. Kochensparger serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets twice per month, for which each is compensated at a rate of $14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2014, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2014. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2014. John H. Kochensparger III $18,050 $1,715 $19,765
2016-03-24	John H. Kochensparger III previously served as a member of the board of directors of First Capital Bancshares Inc. and Citizens National Bank of Chillicothe, Ohio for 22 years, and served as Chairman of the board for 10 years. Mr. Kochensparger was self-employed as an independent manufacturer’s representative for companies relating to the golf industry. He also serves as Vice President of the National Golf Salesmen Association. He brings 27 years of banking and management experience to the Board. Mr. Kochensparger serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets twice per month, for which each is compensated at a rate of $14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2015, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2015. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2015. John H. Kochensparger III $17,150 $1,629 $18,779.
2017-03-10	John H. Kochensparger III serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets twice per month, for which each is compensated at a rate of $14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2016, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2016. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2016. John H. Kochensparger III $17,300 fees earned or paid in cash, $1,643 Non-Equity Incentive Plan Compensation, total $18,943.
2018-03-09	Mr. Kochensparger serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets once per month, for which each is compensated at a rate of $14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2017, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2017. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2017. John H. Kochensparger III $16,550 fees earned or paid in cash, $1,572 non-equity incentive plan compensation, total $18,122.
2019-03-08	Mr. Kochensparger serves on the Compensation Committee, the Nominating Committee, the Trust Committee and the Building Committee.
2021-03-11	John H. Kochensparger III is a former Banker and will retire from the Board at this year’s annual meeting. He serves on the Building Committee, Trust Committee, Loan Committee, Nominating and Governance Committee, and Compensation Committee. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2020. John H. Kochensparger III: $40,480.