Peoples Financial Services CEO Craig Best's 2021 pay rises 3% to $1M

Peoples Financial Services reports 2021 executive compensation

By ExecPay News

Published: April 5, 2022

Peoples Financial Services reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, five executives at Peoples Financial Services received on average a compensation package of $672K, a 11% increase compared to previous year.
Average pay of disclosed executives at Peoples Financial Services
Craig W. Best, Chief Executive Officer, received $1M in total, which increased by 3% compared to 2020. 46% of Best's compensation, or $460K, was in salary. Best also received $161K in non-equity incentive plan, $217K in stock awards, as well as $171K in other compensation.
Thomas P. Tulaney, Chief Operating Officer, received a compensation package of $945K, which increased by 34% compared to previous year. 39% of the compensation package, or $364K, was of change in pension value and nonqualified deferred compensation earnings.
Neal D. Koplin, Senior Executive Vice President and Chief Banking Officer, earned $574K in 2021, a 8% increase compared to previous year.
John R. Anderson III, Chief Financial Officer, received $416K in 2021, which increases by 3% compared to 2020.
Timothy H. Kirtley, Secretary, earned $415K in 2021, a 1% increase compared to previous year.

Related executives

Craig Best

Peoples Financial Services

Chief Executive Officer

Thomas Tulaney

Peoples Financial Services

Chief Operating Officer

Neal Koplin

Peoples Financial Services

Senior Executive Vice President and Chief Banking Officer

Timothy Kirtley

Peoples Financial Services

Secretary

John Anderson

Peoples Financial Services

Chief Financial Officer

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Source: SEC filing on April 5, 2022.