Sundar PichaiSundar Pichai earned $164M in 2023

Edward G. Sloane, Jr. has had a long and interesting career in finance. He took on the role of Chief Financial Officer at First Business Financial Services, Inc. in January 2016, after gaining experience at Peoples Bancorp, Inc. and WesBanco,...

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Edward G. Sloane, Jr.

Ex-CEO of First Business Financial Services

Education

Master of Science, Education – Workforce, Education and Development from Southern Illinois University, Carbondale

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1961 - 64 years ago

CEO of First Business Financial Services for

7 years 2 months (Jan 2016 - Apr 2023)

Previous Experience

Executive Vice President, Chief Financial Officer and Treasurer with Peoples Bancorp, Inc.; Senior Vice President of Strategic Planning & Analysis for WesBanco, Inc.

Holdings

See how much did Edward G. Sloane, Jr. make over time.

Edward G. Sloane's holdings have seen many shifts. In late 2019, he began with a portfolio value of around $745K and quickly escalated to $797K by January 2020, indicating a strong upward trend. Through the first half of 2020, his...

Mar 17, 2025

Insider Trading

See recent insider trades of Edward G. Sloane, Jr..

PEBO

$92.16K

PEBO at $23.63/share

Jan 29, 2015

Received

PEBO

$62.00K

PEBO at $21.68/share

Feb 4, 2014

Received

PEBO

$76.37K

PEBO at $21.82/share

Jan 29, 2013

Received

PEBO

$20.58K

PEBO at $15.27/share

Dec 31, 2012

Received

PEBO

$27.93K

PEBO at $16.98/share

Feb 7, 2012

Received

PEBO

351 shares

PEBO

Feb 23, 2011

Received

Compensation History

See how much did Edward G. Sloane, Jr. make over time.

In 2023, Edward G. Sloane's total compensation reached $141,291, a notable drop from previous years due to his retirement in April. Prior to retirement, he earned a substantial $929,123 in 2022, including a $336,093 bonus based on the company's performance. This was a reflection of his effective leadership, aligning executive pay with company success. For context, his compensation in 2020 was nearly $950K, marking his consistent contribution to the firm. Sloane’s packages often included significant performance bonuses and benefits tied to the company's growth, following a philosophy focused on retaining talent and shareholder alignment, allowing him to build a secure financial future throughout his career.

Year

2023

Total Compensation

$141.29K

Salary

$76.15K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and shareholder interests, focusing on attracting and retaining top talent while ensuring fair and equitable pay.

Bonus

$0.00

Board Justification

No bonus was earned for 2023 as Mr. Sloane retired on April 1, 2023.

Other

$65.14K

Board Justification

Includes post-retirement consulting fees and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as Mr. Sloane retired before any awards could vest.

Performance Metrics

The performance metrics for 2023 included revenue growth, operating profitability, and strategic objectives.