Provident Financial Services CEO Christopher Martin's 2018 pay slips 9% to $2.2M

Provident Financial Services reports 2018 executive compensation

By ExecPay News

Published: March 15, 2019

Provident Financial Services reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, five executives at Provident Financial Services received on average a compensation package of $1.2M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Provident Financial Services
Christopher Martin, Chief Executive Officer, received $2.2M in total, which decreased by 9% compared to 2017. 34% of Martin's compensation, or $739K, was in salary. Martin also received $537K in non-equity incentive plan, $185K in option awards, $555K in stock awards, as well as $179K in other compensation.
Thomas M. Lyons, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 28% compared to previous year. 43% of the compensation package, or $470K, was in salary.
John Kuntz, Chief Administrative Officer, earned $970K in 2018, a 2% decrease compared to previous year.
Donald W. Blum, Executive Vice President and Chief Lending Officer, received $854K in 2018, which decreases by 6% compared to 2017.
Valerie O. Murray, Executive Vice President, Chief Wealth Officer and President of Beacon Trust Company, earned $775K in 2018, a 3% increase compared to previous year.

Related executives

Christopher Martin

Provident Financial Services

Chairman

Thomas Lyons

Provident Financial Services

Chief Financial Officer

Donald Blum

Provident Financial Services

Executive Vice President and Chief Lending Officer of Provident Bank

John Kuntz

Provident Financial Services

Chief Administrative Officer

Valerie Murray

Provident Financial Services

Executive Vice President, Chief Wealth Officer and President of Beacon Trust

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Source: SEC filing on March 15, 2019.