Peoples Financial Services CEO Craig Best's 2019 pay slips 10% to $820K

Peoples Financial Services reports 2019 executive compensation

By ExecPay News

Published: April 16, 2020

Peoples Financial Services reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, five executives at Peoples Financial Services received on average a compensation package of $490K, a 11% decrease compared to previous year.
Average pay of disclosed executives at Peoples Financial Services
Craig W. Best, Chief Executive Officer, received $820K in total, which decreased by 10% compared to 2018. 54% of Best's compensation, or $440K, was in salary. Best also received $15K of change in pension value and nonqualified deferred compensation earnings, $208K in stock awards, as well as $158K in other compensation.
Thomas P. Tulaney, Chief Operating Officer, received a compensation package of $554K, which decreased by 12% compared to previous year. 52% of the compensation package, or $290K, was in salary.
Neal D. Koplin, Senior Executive Vice President and Chief Banking Officer, earned $421K in 2019, a 10% decrease compared to previous year.
Joseph M. Ferretti, Executive Vice President and President NE Region, received $340K in 2019.
John R. Anderson III, Chief Financial Officer, earned $315K in 2019, a 53% increase compared to previous year.

Related executives

Craig Best

Peoples Financial Services

Chief Executive Officer

Thomas Tulaney

Peoples Financial Services

Chief Operating Officer

Neal Koplin

Peoples Financial Services

Senior Executive Vice President and Chief Banking Officer

Joseph Ferretti

Peoples Financial Services

Executive Vice President and President NE Region

John Anderson

Peoples Financial Services

Chief Financial Officer

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Source: SEC filing on April 16, 2020.