In 2023, Anthony Labozzetta earned $1.31M in total compensation at Provident Financial Services, including $818.27K salary, $309.38K bonus and $61.82K in stock. Most recently acquired 868 shares in May 2024. Currently holds stock worth $11.03M. 3+ years at the helm of Provident Financial Services.
Compensation History
Annual executive compensation data for Anthony Labozzetta, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.31M
Salary
$818.27K
Bonus
$309.38K
Other
$121.55K
Salary
$818.27KBoard Justification
The compensation program is designed to align pay with performance, linking executive compensation to business strategies and stockholder returns, while maintaining competitive compensation relative to peer institutions.
Bonus
$309.38KBoard Justification
Annual cash incentive based on corporate performance goals, paid at 50% of target due to performance results being below threshold.
Other Compensation
$121.55KBoard Justification
Includes perquisites such as club membership, company car use, and contributions to health and retirement plans.
Restricted Stock
Board Justification
2,644 shares of restricted stock vested in 2023, with a value of $61,817 at the time of vesting.
Performance Metrics
Key performance metrics include Earnings Per Share, Net Income, and Efficiency Ratio.
Anthony Labozzetta
CEO of Provident Financial Services
Education
Not available
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1963 - 62 years ago
CEO of Provident Financial Services for
3 years 11 months (Jan 2022 - Present)
Previous Experience
President and Chief Executive Officer of SB One Bancorp and SB One Bank
Other Provident Financial Services CEOs
Holdings
Track Anthony Labozzetta's stock holdings and portfolio value over time.
Insider Trading
Anthony Labozzetta's recent stock transactions, purchases, and sales filed with the SEC.
$13.84K
PFS at $15.95/share
May 20, 2024
Purchase
52,811 shares
PFS
Mar 3, 2024
Received
$49.92K
PFS at $15.60/share
May 5, 2023
Purchase
$943.16
PFS at $15.72/share
May 3, 2023
Purchase
8,822 shares
PFS
Mar 3, 2023
Received
7,930 shares
PFS
Mar 3, 2021
Received
$12.38K
PFS at $14.15/share
Aug 14, 2020
Purchase
$9.71K
PFS at $14.94/share
Aug 12, 2020
Purchase
Rivals
Compare Anthony Labozzetta with competitor CEOs and industry peers.
Richard M. Adams, Jr.
CEO of United Bankshares
2023 Compensation
Stock
$609.36K
Salary
$1.00M
Bonus
$1.09M
Other
$59.30K
Total Holdings
$378.14K
Chang M. Liu
CEO of Cathay General Bancorp
2023 Compensation
Stock
$5.13M
Salary
$920.00K
Bonus
$784.60K
Other
$16.50K
Total Holdings
$17.71M
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
Patrick S. Barrett
CEO of OceanFirst Financial
2023 Compensation
Stock
$0.00
Salary
$450.00K
Bonus
$285.12K
Other
$65.33K
Total Holdings
$29.82K