In 2022, Jeffrey M. Schweitzer earned $1.08M in total compensation at Univest Financial Corporation, including $806.00K salary and $250.57K bonus. Most recently sold 17,004 shares in Sep 2024. Currently holds stock worth $7.42M. Has donated $112.09K in stock to charitable causes. Has led Univest Financial Corporation for over 11 years.
Compensation History
Annual executive compensation data for Jeffrey M. Schweitzer, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.08M
Salary
$806.00K
Bonus
$250.57K
Other
$26.25K
Salary
$806.00KBoard Justification
The compensation philosophy aims to attract and retain talented employees by aligning their interests with those of shareholders, offering competitive compensation packages based on market standards and individual performance.
Bonus
$250.57KBoard Justification
The annual incentive program for 2022 was based on achieving annual financial objectives, with a payout at 131.6% of target due to performance exceeding expectations.
Other Compensation
$26.25KBoard Justification
Includes Deferred Salary Savings Plan (401(k)) company matching contributions, life insurance premiums, long-term disability insurance, expense allowances, and personal tax preparation services.
Restricted Stock
Board Justification
No stock was vested in 2022 as the performance-based restricted stock units are set to vest in future years based on performance criteria.
Performance Metrics
The performance metrics for 2022 included pre-tax pre-provision income, return on average equity, efficiency ratio, and net charge-offs relative to peer banks.
Jeffrey M. Schweitzer
CEO of Univest Financial Corporation
Field of Expertise
Finance & Banking - Banking
Sector of Economy
Financial Services
CEO of Univest Financial Corporation for
11 years 11 months (Jan 2014 - Present)
Previous Experience
Unknown
Other Univest Financial Corporation CEOs
Holdings
Track Jeffrey M. Schweitzer's stock holdings and portfolio value over time.
Total Stock Sold
$1.20M
$1.20M
48,299.701 UVSP shares
What if they kept their stock?
If Jeffrey M. Schweitzer didn't sell their stock, today they would have:
Extra UVSP48,299.701 shares worth $1.62M.
This is 35.12% and $420.02K more than what they got when they sold the stock.
Charitable Transactions
3,350 shares
UVSP
Recent Charitable Transactions
$12.62K
UVSP at $28.05/share
Dec 31, 2017
Charity
$16.65K
UVSP at $23.78/share
Sep 22, 2016
Charity
$12.50K
UVSP at $20.84/share
Dec 31, 2015
Charity
$26.21K
UVSP at $20.16/share
Dec 31, 2014
Charity
$5.04K
UVSP at $16.79/share
Dec 31, 2012
Charity
Insider Trading
Jeffrey M. Schweitzer's recent stock transactions, purchases, and sales filed with the SEC.
$486.08K
UVSP at $28.59/share
Sep 17, 2024
Sale
$34.06K
UVSP at $28.38/share
Sep 4, 2024
Sale
$99.69K
UVSP at $28.53/share
Aug 30, 2024
Sale
$158.43K
UVSP at $28.57/share
Aug 26, 2024
Sale
$202.97K
UVSP at $22.55/share
May 9, 2024
Sale
$21.05K
UVSP at $22.05/share
Jan 30, 2024
Sale
$12.95
UVSP at $18.46/share
Nov 28, 2023
Sale
$83.25K
UVSP at $18.50/share
Nov 9, 2020
Sale
$12.62K
UVSP at $28.05/share
Dec 31, 2017
Charity
Rivals
Compare Jeffrey M. Schweitzer with competitor CEOs and industry peers.
Curtis J. Myers
CEO of Fulton Financial
2023 Compensation
Stock
$655.98K
Salary
$850.00K
Bonus
$382.50K
Other
$122.18K
Total Holdings
$18.45M
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
Joseph S. Exnicios
CEO of Hancock Whitney Corporation
2023 Compensation
Stock
$265.86K
Salary
$553.84K
Bonus
$383.43K
Other
$67.08K
Total Holdings
$1.50K
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