First Commonwealth Financial CEO T Price's 2018 pay rises 17% to $1.2M

First Commonwealth Financial reports 2018 executive compensation

Published: March 14, 2019

First Commonwealth Financial reported fiscal year 2018 executive compensation information on March 14, 2019.

In 2018, five executives at First Commonwealth Financial received on average a compensation package of $862.6K, a 2% increase compared to previous year.

Average pay of disclosed executives at First Commonwealth Financial

T. Michael Price, Chief Executive Officer, received $1.2M in total, which increased by 17% compared to 2017. 39.73% of Price's compensation, or $471.7K, was in salary. Price also received $372.5K in non-equity incentive plan, $242.6K in stock awards, as well as $100.4K in other compensation.

Jane Grebenc, Executive Vice President and Chief Revenue Officer, received a compensation package of $881.9K, which increased by 10% compared to previous year. 49.40% of the compensation package, or $435.7K, was in salary.

James R. Reske, Chief Financial Officer, earned $825.6K in 2018, a 11% increase compared to previous year.

Brian G. Karrip, Executive Vice President and Chief Credit Officer, received $763.2K in 2018, which decreases by 7% compared to 2017.

Matthew C. Tomb, General Counsel, earned $655.1K in 2018.