Provident Financial Services Chairman Christopher Martin's 2021 pay rises 4% to $2.6M
Provident Financial Services reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
Provident Financial Services reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five executives at Provident Financial Services received on average a compensation package of $1.7M, a 45% increase compared to previous year.
Average pay of disclosed executives at Provident Financial Services
Christopher Martin, Chairman, received $2.6M in total, which increased by 4% compared to 2020. 32% of Martin's compensation, or $850K, was in non-equity incentive plan. Martin also received $199K in option awards, $797K in salary, $598K in stock awards, as well as $182K in other compensation.
Anthony Labozzetta, Chief Executive Officer, received a compensation package of $2M, which increased by 216% compared to previous year. 34% of the compensation package, or $678K, was in stock awards.
Thomas M. Lyons, Chief Financial Officer, earned $1.3M in 2021, a 3% increase compared to previous year.
John Kuntz, Chief Administrative Officer, received $1.3M in 2021, which increases by 4% compared to 2020.
Valerie O. Murray, Executive Vice President, Chief Wealth Officer and President of Beacon Trust, earned $1.1M in 2021, a 8% increase compared to previous year.
Related executives
Christopher Martin
Provident Financial Services
Chairman
Anthony Labozzetta
Provident Financial Services
Chief Executive Officer
Thomas Lyons
Provident Financial Services
Chief Financial Officer
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 18, 2022.