First Commonwealth Financial CEO T Price's 2021 pay jumps 25% to $1.3M
First Commonwealth Financial reports 2021 executive compensation
By ExecPay News
Published: March 16, 2022
First Commonwealth Financial reported fiscal year 2021 executive compensation information on March 16, 2022.
In 2021, five executives at First Commonwealth Financial received on average a compensation package of $938K, a 23% increase compared to previous year.
Average pay of disclosed executives at First Commonwealth Financial
T. Michael Price, Chief Executive Officer, received $1.3M in total, which increased by 25% compared to 2020. 39% of Price's compensation, or $488K, was in salary. Price also received $403K in non-equity incentive plan, $324K in stock awards, as well as $36K in other compensation.
Jane Grebenc, Executive Vice Presidentand Chief Revenue Officer, received a compensation package of $996K, which increased by 21% compared to previous year. 47% of the compensation package, or $467K, was in salary.
James R. Reske, Chief Financial Officer, earned $897K in 2021, a 20% increase compared to previous year.
Brian G. Karrip, Executive Vice Presidentand Chief Credit Officer, received $812K in 2021, which increases by 21% compared to 2020.
Norman J. Montgomery, Executive Vice President, Business Integration Group Manager, earned $733K in 2021.
Related executives
T Price
First Commonwealth Financial
Chief Executive Officer
James Reske
First Commonwealth Financial
Chief Financial Officer
Jane Grebenc
First Commonwealth Financial
Executive Vice Presidentand Chief Revenue Officer
Brian Karrip
First Commonwealth Financial
Executive Vice Presidentand Chief Credit Officer
Norman Montgomery
First Commonwealth Financial
Executive Vice President, Business Integration Group Manager
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Source: SEC filing on March 16, 2022.