Cincinnati Financial Corp.’s struggles in some key metrics last year led to a steep pay cut for CEO Steve Johnston.
Fairfield-based property and casualty insurer Cincinnati Financial (Nasdaq: CINF) cut Johnston’s pay by 31 percent last year. He made $3.4 million in 2018, down from $5 million the prior year, according to Securities and Exchange Commission filings.
The entire reduction in Johnston’s pay came from the company’s cash incentive plan. Johnston was paid just $339,900 through…
