FIRST COMMONWEALTH FINANCIAL CORP reports 2018 executive compensation

CEO T. Michael Price receives $1.2M

FIRST COMMONWEALTH FINANCIAL CORP reported fiscal year 2018 executive compensation information on March 14, 2019.

In 2018, five executives at FIRST COMMONWEALTH FINANCIAL CORP received on average a compensation package of $862,605, a 2% increase compared to previous year.

Average pay of disclosed executives at FIRST COMMONWEALTH FINANCIAL CORP

T. Michael Price, Chief Executive Officer, received $1,187,171 in total, which increased by 17% compared to 2017. 39.73% of Price's compensation, or $471,667, was in salary. Price also received $372,509 in non-equity incentive plan, $242,583 in stock awards, as well as $100,412 in other compensation.

Jane Grebenc, Executive Vice President and Chief Revenue Officer, received a compensation package of $881,932, which increased by 10% compared to previous year. 49.40% of the compensation package, or $435,667, was in salary.

James R. Reske, Chief Financial Officer, earned $825,621 in 2018, a 11% increase compared to previous year.

Brian G. Karrip, Executive Vice President and Chief Credit Officer, received $763,167 in 2018, which decreases by 7% compared to 2017.

Matthew C. Tomb, General Counsel, earned $655,132 in 2018.