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First Commonwealth Financial CEO T Price's 2018 pay rises 17% to $1.2M

First Commonwealth Financial reports 2018 executive compensation

By ExecPay News

Published: March 14, 2019

First Commonwealth Financial reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five executives at First Commonwealth Financial received on average a compensation package of $863K, a 2% increase compared to previous year.
Average pay of disclosed executives at First Commonwealth Financial
T. Michael Price, Chief Executive Officer, received $1.2M in total, which increased by 17% compared to 2017. 40% of Price's compensation, or $472K, was in salary. Price also received $373K in non-equity incentive plan, $243K in stock awards, as well as $100K in other compensation.
Jane Grebenc, Executive Vice President and Chief Revenue Officer, received a compensation package of $882K, which increased by 10% compared to previous year. 49% of the compensation package, or $436K, was in salary.
James R. Reske, Chief Financial Officer, earned $826K in 2018, a 11% increase compared to previous year.
Brian G. Karrip, Executive Vice President and Chief Credit Officer, received $763K in 2018, which decreases by 7% compared to 2017.
Matthew C. Tomb, General Counsel, earned $655K in 2018.

Related executives

T Price

First Commonwealth Financial

Chief Executive Officer

6

James Reske

First Commonwealth Financial

Chief Financial Officer

6

Jane Grebenc

First Commonwealth Financial

Executive Vice Presidentand Chief Revenue Officer

6

Brian Karrip

First Commonwealth Financial

Executive Vice Presidentand Chief Credit Officer

5

Matthew Tomb

First Commonwealth Financial

General Counsel

3

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Source: SEC filing on March 14, 2019.