OLD NATIONAL BANCORP /IN/
For the period ended May 14, 2025. Filed Apr 4, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 14, 2025 · Filed Apr 4, 2025
Contents
2024 Compensation Program
In providing its advice to our Compensation Committee regarding executive officer compensation for 2024, WTW reviewed the compensation practices and performance of the companies in our peer group, as well as market data, and discussed our performance and strategic objectives with the Compensation Committee, our CEO, our Chief Financial Officer and our Chief People Officer. In the first quarter of 2024, the Compensation Committee reviewed our executive compensation structure, its competitiveness relative to our peer group and market data and the alignment of our executive pay with the Company’s expected performance.
The Compensation Committee considered the following factors, among others, when setting 2024 compensation for our CEO and the other Named Executive Officers:
| ● | The compensation levels of comparable executive officers in our peer group as well as other market data for comparable positions; |
| ● | Providing a mix of base salary, annual incentives and long-term equity to align our executive officers’ compensation with our peer group and the market generally; |
| ● | Our targeted financial and strategic performance objectives for 2024; |
| ● | Advice from WTW, the Compensation Committee’s compensation consultant; and |
| ● | Input from our CEO, Chief Financial Officer and Chief People Officer. |
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