Sundar PichaiSundar Pichai earned $164M in 2023
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Anthony C. Weagley

Ex-CEO of Center Bancorp

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1964 - 61 years ago

Economy Sector

Financial Services

Tenure

6 years 10 months (Aug 2007 - Jul 2014)

Previous Experience

Chief Financial Officer of Center Bancorp, Inc. and Union Center National Bank

Anthony C. Weagley is the President and CEO of Center Bancorp Inc., a role he took on in 2007. With over 30 years of banking experience, he started his journey at Midlantic National Bank before joining Center Bancorp in 1998...

Year

2014

Total Compensation

$553.26K

Salary

$418.30K

Board Justification

The compensation philosophy emphasizes pay-for-performance and aligns executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No annual incentive plan participation in 2014 due to the pending Merger.

Other

$134.96K

Board Justification

Includes severance payment of $1,679,790 and a payment under the non-compete agreement of $836,500.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2014 as there were no grants made during that year.

Performance Metrics

Performance metrics included assessment of executive team performance on a comprehensive and qualitative basis considering performance prior to and following the Merger.