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First Commonwealth Financial CEO T Price's 2020 pay slips 9% to $1M

First Commonwealth Financial reports 2020 executive compensation

By ExecPay News

Published: March 17, 2021

First Commonwealth Financial reported fiscal year 2020 executive compensation information on March 17, 2021.
In 2020, five executives at First Commonwealth Financial received on average a compensation package of $765K, a 7% decrease compared to previous year.
Average pay of disclosed executives at First Commonwealth Financial
T. Michael Price, Chief Executive Officer, received $1M in total, which decreased by 9% compared to 2019. 49% of Price's compensation, or $488K, was in salary. Price also received $86K in bonus, $88K in non-equity incentive plan, $301K in stock awards, as well as $41K in other compensation.
Jane Grebenc, Executive Vice Presidentand Chief Revenue Officer, received a compensation package of $825K, which decreased by 6% compared to previous year. 56% of the compensation package, or $465K, was in salary.
James R. Reske, Chief Financial Officer, earned $746K in 2020, a 5% decrease compared to previous year.
Brian G. Karrip, Executive Vice Presidentand Chief Credit Officer, received $671K in 2020, which decreases by 9% compared to 2019.
Matthew C. Tomb, General Counsel, earned $576K in 2020, a 7% decrease compared to previous year.

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 17, 2021.