Peoples Financial Services CEO Craig Best's 2020 pay rises 19% to $979K

Peoples Financial Services reports 2020 executive compensation

By ExecPay News

Published: April 5, 2021

Peoples Financial Services reported fiscal year 2020 executive compensation information on April 5, 2021.
In 2020, five executives at Peoples Financial Services received on average a compensation package of $605K, a 23% increase compared to previous year.
Average pay of disclosed executives at Peoples Financial Services
Craig W. Best, Chief Executive Officer, received $979K in total, which increased by 19% compared to 2019. 45% of Best's compensation, or $440K, was in salary. Best also received $20K of change in pension value and nonqualified deferred compensation earnings, $154K in non-equity incentive plan, $208K in stock awards, as well as $158K in other compensation.
Thomas P. Tulaney, Chief Operating Officer, received a compensation package of $703K, which increased by 27% compared to previous year. 41% of the compensation package, or $290K, was in salary.
Neal D. Koplin, Senior Executive Vice President and Chief Banking Officer, earned $531K in 2020, a 26% increase compared to previous year.
Timothy H. Kirtley, Secretary, received $410K in 2020.
John R. Anderson III, Chief Financial Officer, earned $402K in 2020, a 28% 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

Timothy Kirtley

Peoples Financial Services

Secretary

John Anderson

Peoples Financial Services

Chief Financial Officer

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Source: SEC filing on April 5, 2021.