Summary of 2012 Base Salaries for Executive Officers of Park National Corporation

Summary

Park National Corporation's Compensation Committee approved the base salaries for its executive officers for the 2012 fiscal year. The officers and their respective salaries are: C. Daniel DeLawder, Chairman and CEO, at $773,525; David L. Trautman, President and Secretary, at $563,250; and John W. Kozak, Chief Financial Officer, at $414,455. This summary outlines the annual compensation for these key executives as determined by the Board's committee.

EX-10.1 4 v243873_ex10-1.htm EX-10.1

Exhibit 10.1

 

Summary of Base Salaries

for

Executive Officers of Park National Corporation

 

On December 16, 2011, the Compensation Committee of the Board of Directors of Park National Corporation (“Park”) approved the base salaries for the fiscal year ending December 31, 2012, for each of the executive officers of Park: (a) C. Daniel DeLawder, Chairman of the Board and Chief Executive Officer of Park and The Park National Bank, a subsidiary of Park; (b) David L. Trautman, President and Secretary of Park and President of The Park National Bank; and (c) John W. Kozak, Chief Financial Officer of Park and Senior Vice President and Chief Financial Officer of The Park National Bank. Those base salaries are:

  * C. Daniel DeLawder -- $773,525
  * David L. Trautman -- $563,250
  * John W. Kozak -- $414,455