Community Trust Bancorp Director Retires
Ticker: CTBI · Form: 8-K · Filed: Jan 16, 2025 · CIK: 350852
Sentiment: neutral
Topics: director-retirement, board-changes, officer-compensation
Related Tickers: CTBI
TL;DR
CTBI director John H. Hall retired Jan 3rd, board seats and comp plans updated.
AI Summary
Community Trust Bancorp, Inc. announced the retirement of director John H. Hall, effective January 3, 2025. Hall had served on the board since 2007. The company also reported on the election of new directors and changes in officer compensation arrangements.
Why It Matters
The retirement of a long-serving director can signal changes in board composition and potentially influence future strategic decisions.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and officer changes, not significant financial events.
Key Players & Entities
- Community Trust Bancorp, Inc. (company) — Registrant
- John H. Hall (person) — Retiring Director
- January 3, 2025 (date) — Effective date of retirement
- 2007 (date) — Year director joined the board
FAQ
Who is the retiring director and when was their retirement effective?
John H. Hall is the retiring director, and his retirement was effective January 3, 2025.
How long did John H. Hall serve on the board?
John H. Hall served on the board of Community Trust Bancorp, Inc. since 2007.
What other key events are reported in this 8-K filing?
The filing also reports on the election of directors and changes to compensatory arrangements of certain officers.
What is the principal executive office address for Community Trust Bancorp, Inc.?
The principal executive offices are located at P.O. Box 2947, 346 North Mayo Trail, Pikeville, Kentucky 41502.
What is the telephone number for Community Trust Bancorp, Inc.?
The registrant's telephone number is (606) 432-1414.
Filing Stats: 393 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2025-01-16 17:02:25
Filing Documents
- director_retirement.htm (8-K) — 24KB
- 0000350852-25-000012.txt ( ) — 156KB
- ctbi-20250103.xsd (EX-101.SCH) — 4KB
- ctbi-20250103_lab.xml (EX-101.LAB) — 21KB
- ctbi-20250103_pre.xml (EX-101.PRE) — 16KB
- director_retirement_htm.xml (XML) — 4KB
02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Pursuant to reaching the mandatory age of retirement, Charles J. Baird retired from Community Trust Bancorp, Inc. (CTBI)'s Board of Directors effective January 3, 2025. Mr. Baird served as director of CTBI since 1987.
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. COMMUNITY TRUST BANCORP, INC. By: Date: January 16, 2025 /s/ Mark A. Gooch Mark A. Gooch Chairman, President, and Chief Executive Officer