Charles W. Sulerzyski has been the CEO of Peoples Bancorp Inc. since April 4, 2011. With a Bachelor's degree in Business Administration, he has built an impressive career spanning over 30 years in banking and finance. Before joining Peoples, he...

Charles W. Sulerzyski has been the CEO of Peoples Bancorp Inc. since April 4, 2011. With a Bachelor's degree in Business Administration, he has built an impressive career spanning over 30 years in banking and finance. Before joining Peoples, he served as Regional President at KeyBank in the Great Lakes Region and had significant roles at Marsh & McLennan and The Provident Bank. Under his leadership, Peoples Bancorp has navigated various challenges, and he effectively led the company while focusing on improving performance metrics like return on assets and efficiency ratios. Charles is set to retire on March 31, 2024, and will transition into a consulting role for a year, ensuring a smooth handover to his successor. Notably, during his time, his compensation varied significantly, reflecting his performance and the company's goals in driving long-term shareholder value.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Peoples Bancorp CEOs

P

Charles W. Sulerzyski

Ex-CEO of Peoples Bancorp

Education

Bachelor's degree in Business Administration.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1958 - 67 years ago

CEO of Peoples Bancorp for

11 years 11 months (Apr 2011 - Mar 2023)

Previous Experience

Regional President, Great Lakes Region of KeyBank; various roles in banking and insurance.

Rivals

Competitors/colleagues of Charles W. Sulerzyski

F

Van A. Dukeman

CEO of First Busey Corporation

2023 Compensation

Stock

$0.00

Salary

$725.00K

Bonus

$561.88K

Other

$51.10K

Total Holdings

$9.87M

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

I

Gavin A. Mohr

CEO of Independent Bank Corporation

2023 Compensation

Stock

$65.89K

Salary

$302.00K

Bonus

$70.15K

Other

$45.98K

Total Holdings

$639.88K

U

Jeffrey M. Schweitzer

CEO of Univest Financial Corporation

2022 Compensation

Stock

$0.00

Salary

$806.00K

Bonus

$250.57K

Other

$26.25K

Total Holdings

$2.56M

Holdings

See how much did Charles W. Sulerzyski make over time.

Charles W. Sulerzyski has actively managed his holdings in Peoples Bancorp, with notable transactions over the years. In 2019, he reported trades worth over $2 million, showing significant activity. His holdings fluctuated greatly, reaching up to $2.93 million in December...

Charles W. Sulerzyski has actively managed his holdings in Peoples Bancorp, with notable transactions over the years. In 2019, he reported trades worth over $2 million, showing significant activity. His holdings fluctuated greatly, reaching up to $2.93 million in December 2023. His investments illustrate a consistent commitment to the company's future, with peaks often aligning with strong quarterly performances, indicating confidence in the bank’s direction. The variety in his transactions points to a strategic approach in managing wealth, showcasing his deep ties to the company and its potential.

Total Stock Sold

$1.49M

PEBO

$1.49M

55,547.996 PEBO shares

What if they kept their stock?

If Charles W. Sulerzyski didn't sell their stock, today they would have:
Extra PEBO55,547.996 shares worth $1.32M.
This is -11.53% and $171.81K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Charles W. Sulerzyski.

PEBO

$248.58K

PEBO at $29.08/share

Dec 31, 2024

Sale

PEBO

$580.99K

PEBO at $27.92/share

Feb 7, 2024

Received

PEBO

$101.24K

PEBO at $25.31/share

Sep 8, 2023

Purchase

PEBO

$45.00K

PEBO at $30.00/share

Feb 15, 2023

Sale

PEBO

$573.97K

PEBO at $30.30/share

Feb 8, 2023

Received

PEBO

$45.96K

PEBO at $30.64/share

Oct 17, 2022

Sale

PEBO

$45.96K

PEBO at $30.64/share

Oct 17, 2022

Sale

PEBO

$46.75K

PEBO at $31.17/share

Aug 15, 2022

Sale

PEBO

$469.49K

PEBO at $32.21/share

Feb 9, 2022

Received

PEBO

$226.03K

PEBO at $31.35/share

Feb 9, 2021

Received

Compensation History

See how much did Charles W. Sulerzyski make over time.

In 2023, Charles W. Sulerzyski's total compensation was reported at $1.94 million, mainly from his base salary of $735,000 and a performance-related bonus of $614,000. The compensation reflects a performance-based philosophy aimed at increasing shareholder value. Over the years, his pay has shown marked increases correlating with the company's performance metrics, such as return on assets and overall efficiency. Notably, in 2022, he saw total compensation of about $1.88 million, which included significant stock awards for previous accomplishments. His approach shows a focus on balancing market competitiveness with company performance metrics across the board.

Year

2023

Total Compensation

$1.35M

Salary

$735.00K

Board Justification

The compensation philosophy is designed to provide incentives and recognition for executing a strategy that increases shareholder value over the long term, with a focus on performance-based compensation.

Bonus

$614.00K

Board Justification

Cash incentive payment based on achievement of corporate and individual performance goals for 2023, totaling 83.5% of his base salary.

Other

$0.00

Board Justification

No additional compensation reported outside of salary, bonus, and stock.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the equity awards are granted based on performance and will vest in the future.

Performance Metrics

The performance metrics for 2023 included pre-tax/pre-provision return on average assets, efficiency ratio, pre-tax/pre-provision diluted earnings per common share, and net charge-offs as a percent of average total loans.

Other Peoples Bancorp CEOs

Here are other CEOs of Peoples Bancorp

David L. Mead

Ex-CEO of Peoples Bancorp

August 2010 - March 2011

Tyler J. Wilcox

CEO of Peoples Bancorp

April 2024 - Present