Provident Financial Services CEO Christopher Martin's 2018 pay slips 9% to $2.2M

Provident Financial Services reports 2018 executive compensation

Published: March 15, 2019

Provident Financial Services reported fiscal year 2018 executive compensation information on March 15, 2019.

In 2018, five executives at Provident Financial Services received on average a compensation package of $1.2M, a 4% decrease compared to previous year.

Average pay of disclosed executives at Provident Financial Services

Christopher Martin, Chief Executive Officer, received $2.2M in total, which decreased by 9% compared to 2017. 33.68% of Martin's compensation, or $739.2K, was in salary. Martin also received $536.7K in non-equity incentive plan, $185K in option awards, $555K in stock awards, as well as $178.8K in other compensation.

Thomas M. Lyons, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 28% compared to previous year. 42.77% of the compensation package, or $469.6K, was in salary.

John Kuntz, Chief Administrative Officer, earned $970.4K in 2018, a 2% decrease compared to previous year.

Donald W. Blum, Executive Vice President and Chief Lending Officer, received $853.6K in 2018, which decreases by 6% compared to 2017.

Valerie O. Murray, Executive Vice President, Chief Wealth Officer and President of Beacon Trust Company, earned $775.4K in 2018, a 3% increase compared to previous year.