Community Trust Bancorp (CTBI) executive compensation, 2026 proxy

Mark A. Gooch, Chairman, President, and Chief Executive Officer, was paid $1.6M in 2025, up 25% from $1.3M the year before. The CEO-to-median-employee pay ratio was 35:1, on median employee pay of $46,297.

Filed
March 18, 2026
Annual meeting
April 28, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.6M+25% vs prior year
CEO to median employee
35:1median $46,297
CEO pay in equity
8%$137,090 in awards
Prior say-on-pay support
97%of votes cast
CEO 2025 Total Pay
$1,639,760Increase from prior year
CEO Salary
$721,962Annual base salary
Median Employee Pay
$46,297Annual total compensation
CEO to Median Pay Ratio
35.4:1Pay ratio disclosure

How Gooch was paid

$1.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary44%Stock awards8%Non-equity incentive45%All other compensation2%

Named executive officers

ExecutiveTotal
Mark A. GoochChairman, President, and Chief Executive Officer$1,639,760
Kevin J. StumboExecutive Vice President, Chief Financial Officer, and Treasurer$719,942
Richard W. NewsomExecutive Vice President$716,732
Ricky D. SparkmanExecutive Vice President$636,085
C. Wayne Hancock IIExecutive Vice President$623,940

What changed and why

  • $1.6MCEO total compensation increased to $1,639,760 in 2025 compared to $1,314,119 in 2024.
  • 3.8%Base salary increases for NEOs ranged from 3.8% to 6.9% in January 2026.
  • Performance measures under the Incentive Plan were achieved at the second tier level.
  • 97%Shareholders approved the 2025 say-on-pay advisory resolution with approximately 97% support.
  • 75%Long-term incentive plan payouts were achieved at 75% of the base tier for 2023-2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.