Univest Financial: Pay

Univest Financial paid its 5 named executives $5.8M in total in FY2025 (Dec). CEO Jeffrey M. Schweitzer was paid $2.1M of that.

Pay$100 in the stock at the end of FY20 → $169
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Jeffrey M. SchweitzerChairman, President and Chief Executive Officer of the Corporation and Chairman and Chief Executive Officer of the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Michael S. KeimSenior Executive Vice President and Chief Operating Officer of the Corporation, President of the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Brian J. RichardsonSenior Executive Vice President and Chief Financial Officer of the Corporation and the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Megan D. SantanaSenior Executive Vice President, General Counsel and Chief Risk Officer of the Corporation and the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Patrick C. McCormickSenior Executive Vice President and Chief Commercial Banking Officer of the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 10 peers with pay on file was $2.5M. The CEO of Univest Financial was paid $2.1M, 18% below the median.

  1. 1Wsfs Financial
  2. 2First Busey Corp /NV/
  3. 3Peapack Gladstone Financial
  4. 4Tompkins Financial
  5. 5NBT Bancorp
  6. 6First Mid Bancshares
  7. 7Univest Financial
  8. 8German American Bancorp
  9. 9QCR Holdings
  10. 10Midland States Bancorp
  11. 11Peoples Bancorp
  12. 121ST SourceNot disclosed
  13. 13Berkshire Hills Bancorp, Inc.Not disclosed
  14. 14Community Trust Bancorp, Inc.Not disclosed
  15. 15Financial Institutions, Inc.Not disclosed
  16. 16First Commonwealth Financial Corp.Not disclosed
  17. 17Lakeland FinancialNot disclosed
  18. 18Park National Corp.Not disclosed
  19. 19S&T Bancorp, Inc.Not disclosed
  20. 20Sandy Spring Bancorp, Inc.Not disclosed
  21. 21Stock Yards BancorpNot disclosed
  22. 22Washington Trust BancorpNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.