Old National Bancorp Management

Management criteria checks 3/4

Old National Bancorp's CEO is Jim Ryan, appointed in May 2019, has a tenure of 5.5 years. total yearly compensation is $6.52M, comprised of 17.5% salary and 82.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €14.58M. The average tenure of the management team and the board of directors is 2.8 years and 5.2 years respectively.

Key information

Jim Ryan

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage	17.5%
CEO tenure	5.5yrs
CEO ownership	0.2%
Management average tenure	2.8yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Ryan's remuneration changed compared to Old National Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$502m
Jun 30 2024	n/a	n/a	US$506m
Mar 31 2024	n/a	n/a	US$540m
Dec 31 2023	US$7m	US$1m	US$566m
Sep 30 2023	n/a	n/a	US$634m
Jun 30 2023	n/a	n/a	US$626m
Mar 31 2023	n/a	n/a	US$586m
Dec 31 2022	US$12m	US$1m	US$414m
Sep 30 2022	n/a	n/a	US$274m
Jun 30 2022	n/a	n/a	US$209m
Mar 31 2022	n/a	n/a	US$161m
Dec 31 2021	US$4m	US$913k	US$278m
Sep 30 2021	n/a	n/a	US$295m
Jun 30 2021	n/a	n/a	US$302m
Mar 31 2021	n/a	n/a	US$291m
Dec 31 2020	US$4m	US$808k	US$226m
Sep 30 2020	n/a	n/a	US$201m
Jun 30 2020	n/a	n/a	US$193m
Mar 31 2020	n/a	n/a	US$205m
Dec 31 2019	US$3m	US$646k	US$238m
Sep 30 2019	n/a	n/a	US$237m
Jun 30 2019	n/a	n/a	US$218m
Mar 31 2019	n/a	n/a	US$199m
Dec 31 2018	US$1m	US$409k	US$191m
Sep 30 2018	n/a	n/a	US$125m
Jun 30 2018	n/a	n/a	US$113m
Mar 31 2018	n/a	n/a	US$108m
Dec 31 2017	US$994k	US$392k	US$96m

Compensation vs Market: Jim's total compensation ($USD6.52M) is above average for companies of similar size in the German market ($USD3.58M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.

CEO

Jim Ryan (52 yo)

5.5yrs

Tenure

US$6,523,511

Compensation

Mr. James C. Ryan III, also known as Jim, served as Chairman of Old National Bancorp since January 30, 2020 until February 15, 2022 and serves as its Chairman from January 31, 2024. Mr. Ryan has been Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Ryan	CEO & Chairman	5.5yrs	US$6.52m	0.22% € 14.6m
Mark Sander	President & COO	2.8yrs	US$4.68m	0.097% € 6.4m
Kendra Vanzo	Senior EVP & Chief Administrative Officer	4.8yrs	US$1.41m	0.039% € 2.6m
James Sandgren	Executive VP & CEO of Commercial Banking	2.8yrs	US$2.19m	0.092% € 6.1m
John Moran	Senior Executive VP	less than a year	no data	0.026% € 1.8m
Jeff Newcom	Chief Operations Officer	2.8yrs	no data	no data
Angela Putnam	Senior VP & Chief Accounting Officer	2.8yrs	no data	0.021% € 1.4m
Paul Kilroy	Chief Information Officer	4.8yrs	no data	no data
Lynell Walton	Senior VP & Director of Investor Relations	no data	no data	no data
Nicholas Chulos	Executive VP	2.8yrs	no data	0.041% € 2.7m
Kathy Schoettlin	Chief Communications	2.8yrs	no data	no data
James Stadler	Chief Marketing Officer	2.8yrs	no data	no data

2.8yrs

Average Tenure

53yo

Average Age

Experienced Management: ON1's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Ryan	CEO & Chairman	5.5yrs	US$6.52m	0.22% € 14.6m
Daniel Hermann	Independent Director	4.8yrs	US$199.50k	0.017% € 1.1m
Kathryn Hayley	Independent Director	2.8yrs	US$184.50k	0.011% € 698.3k
Katherine White	Independent Director	9.3yrs	US$186.00k	0.0064% € 423.8k
Thomas Salmon	Independent Director	6.8yrs	US$177.00k	0.011% € 759.3k
Stephen Van Arsdell	Independent Director	2.8yrs	US$224.51k	0.013% € 851.5k
Barbara Boigegrain	Independent Director	2.8yrs	US$176.00k	0.014% € 919.8k
Austin Ramirez	Independent Director	4.8yrs	US$175.00k	0.0082% € 545.8k
Thomas Brown	Independent Director	2.8yrs	US$200.91k	0.011% € 762.6k
Derrick Stewart	Independent Director	9.4yrs	US$196.00k	0% € 0
Rebecca Skillman	Independent Lead Director	11.4yrs	US$231.00k	0.015% € 961.6k
Ryan Kitchell	Independent Director	6.8yrs	US$185.00k	0.015% € 984.8k

5.2yrs

Average Tenure

63.5yo

Average Age

Experienced Board: ON1's board of directors are considered experienced (5.2 years average tenure).

Old National Bancorp Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold €459k worth of stock

Senior EVP & CFO (Leave of Absence) recently sold €750k worth of stock

Old National Bancorp, Annual General Meeting, May 15, 2024

Old National Bank Appoints John C. Thurston as Corporate Banking Executive and Senior Vice President of Corporate Banking

Old National Bancorp Announces Board Changes

Old National Bancorp Appoints Carrie Goldfeder as Chief Credit Officer

Recent updates

Old National Launches Financial Education Podcast, Videos

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released: EPS: US$0.44 (vs US$0.49 in 3Q 2023)

Old National Bancorp to Report Q3, 2024 Results on Oct 22, 2024

Second quarter dividend of US$0.14 announced

Old National Bancorp Announces Quarterly Dividend, Payable on September 16, 2024

Insider recently sold €459k worth of stock

Second quarter 2024 earnings released: EPS: US$0.37 (vs US$0.52 in 2Q 2023)

Old National Bancorp Announces Net Charge-Offs for the Second Quarter Ended June 30, 2024

Old National Bancorp to Report Q2, 2024 Results on Jul 23, 2024

First quarter dividend of US$0.14 announced

Old National Bancorp Declares Quarterly Cash Dividend on Common Stock, Payable on June 17, 2024

New minor risk - Shareholder dilution

Senior EVP & CFO (Leave of Absence) recently sold €750k worth of stock

First quarter 2024 earnings released: EPS: US$0.40 (vs US$0.49 in 1Q 2023)

Old National Bancorp, Annual General Meeting, May 15, 2024

Old National Bancorp to Report Q1, 2024 Results on Apr 23, 2024

Old National Bancorp (NasdaqGS:ONB) completed the acquisition of CapStar Financial Holdings, Inc. (NasdaqGS:CSTR).

Fourth quarter dividend of US$0.14 announced

Full year 2023 earnings released: EPS: US$1.95 (vs US$1.51 in FY 2022)

Old National Bancorp (NasdaqGS:ONB) announces an Equity Buyback for $200 million worth of its shares.

Old National Bank Appoints John C. Thurston as Corporate Banking Executive and Senior Vice President of Corporate Banking

Full year 2023 earnings released: EPS: US$1.95 (vs US$1.51 in FY 2022)

Old National Bancorp Announces Board Changes

Old National Bancorp to Report Q4, 2023 Results on Jan 23, 2024

Old National Bancorp Appoints Carrie Goldfeder as Chief Credit Officer

Upcoming dividend of US$0.14 per share at 3.8% yield

Old National Bancorp Announces Quarterly Dividends, Payable on December 15, 2023

Old National Bancorp (NasdaqGS:ONB) entered into a definitive merger agreement to acquire CapStar Financial Holdings, Inc. (NasdaqGS:CSTR).

Third quarter 2023 earnings released: EPS: US$0.49 (vs US$0.47 in 3Q 2022)

Old National Bancorp to Report Q3, 2023 Results on Oct 24, 2023

Old National Bancorp Declares a Quarterly Cash Dividend, Payable on September 15, 2023

Old National Bancorp Announces Net Charge-Offs for the Second Quarter of 2023

Old National Bancorp to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of US$0.14 per share at 4.3% yield

Old National Bancorp Declares Quarterly Cash Dividend, Payable on June 15, 2023

Insider recently bought €91k worth of stock

First quarter 2023 earnings released: EPS: US$0.49 (vs US$0.13 loss in 1Q 2022)

Executive Chairman recently sold €838k worth of stock

Full year 2022 earnings released: EPS: US$1.51 (vs US$1.68 in FY 2021)

Old National Bancorp to Report Q4, 2022 Results on Jan 24, 2023

Upcoming dividend of US$0.14 per share

Old National Bancorp Declares Quarterly Cash Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.47 (vs US$0.43 in 3Q 2021)

Old National Bancorp to Report Q3, 2022 Results on Oct 25, 2022

Independent Director recently bought €251k worth of stock

Upcoming dividend of US$0.14 per share

Old National Bancorp Declares Quarterly Cash Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$0.38 (vs US$0.38 in 2Q 2021)

Old National Bancorp to Report Q2, 2022 Results on Jul 26, 2022

Upcoming dividend of US$0.14 per share

Old National Bancorp Declares Quarterly Cash Dividend on Its Outstanding Shares of Common Stock, Payable on June 15, 2022

Executive Chairman recently bought €119k worth of stock

Old National Bank Announces Management Changes

First quarter 2022 earnings released: US$0.13 loss per share (vs US$0.53 profit in 1Q 2021)

Old National Bancorp Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

Old National Bancorp to Report Q1, 2022 Results on Apr 26, 2022

Old National Bancorp, Annual General Meeting, May 18, 2022

Upcoming dividend of US$0.14 per share

Old National Bancorp (NasdaqGS:ONB) announces an Equity Buyback for $200 million worth of its shares.

Old National Bancorp(NasdaqGS:ONB) dropped from S&P 600 Financials (Sector)

Old National Bancorp (NasdaqGS:ONB) completed the acquisition of First Midwest Bancorp, Inc. (NasdaqGS:FMBI) in a mergers of equal transaction.

Old National Bancorp Declares Quarterly Cash Dividend, Payable on March 15, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.14 per share

Independent Director recently bought €86k worth of stock

Third quarter 2021 earnings released: EPS US$0.43 (vs US$0.47 in 3Q 2020)

Upcoming dividend of US$0.14 per share

Second quarter 2021 earnings released: EPS US$0.38 (vs US$0.31 in 2Q 2020)