The estimated Net Worth of John A Derito is at least $5.45 Million dollars as of 17 May 2024. Mr. Derito owns over 2,887 units of City Co stock worth over $3,577,007 and over the last 20 years he sold CHCO stock worth over $1,271,124. In addition, he makes $600,262 as Executive Vice President - Commercial Banking of the Company and City National Bank at City Co.
John has made over 31 trades of the City Co stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 2,887 units of CHCO stock worth $302,615 on 17 May 2024.
The largest trade he's ever made was exercising 10,000 units of City Co stock on 6 February 2015 worth over $337,800. On average, John trades about 1,250 units every 79 days since 2004. As of 17 May 2024 he still owns at least 31,369 units of City Co stock.
You can see the complete history of Mr. Derito stock trades at the bottom of the page.
John A. DeRito serves as Executive Vice President - Commercial Banking of the Company and City National Bank a subsidiary of the Company. He was Executive Vice President of Marketing & Human Resources, City Holding Company and City National Bank from May 2001 – February 2005.
As the Executive Vice President - Commercial Banking of the Company and City National Bank of City Co, the total compensation of John DeRito at City Co is $600,262. There are 2 executives at City Co getting paid more, with Charles Hageboeck having the highest compensation of $1,552,600.
John DeRito is 70, he's been the Executive Vice President - Commercial Banking of the Company and City National Bank of City Co since 2004. There are 6 older and 13 younger executives at City Co. The oldest executive at City Holding Co. is Jay Goldman, 76, who is the Independent Director.
John's mailing address filed with the SEC is 25, Gatewater Road, Cross Lanes, Kanawha County, West Virginia, 25313, United States.
Over the last 21 years, insiders at City Co have traded over $18,715,283 worth of City Co stock and bought 120,869 units worth $4,572,840 . The most active insiders traders include Charles R Hageboeck, James M. Parsons, and Craig G Stilwell. On average, City Co executives and independent directors trade stock every 16 days with the average trade being worth of $233,762. The most recent stock trade was executed by Michael T Jr Quinlan on 19 August 2024, trading 600 units of CHCO stock currently worth $69,372.
one of the most profitable publicly traded banks in the u.s., city holding company was named #8 best performing banks in the country by bank director magazine in 2012. headquartered in charleston, w.va., city has 85 locations throughout west virginia, virginia, kentucky and ohio. the bank most recently acquired virginia savings bank in 2012 (headquartered in front royal, va.) and community bank (headquarted in staunton, va.) in 2013. city was named a 2016 five diamond employer by the west virginia chamber of commerce for its outstanding employee policies, opportunities for continuing education and community service participation. founded in 1957, city holding today employs approximately 875 professionals.
City Co executives and other stock owners filed with the SEC include: