Christopher D. Maher has been the President and CEO of OceanFirst Financial Corp since 2015. His journey into leadership began when he joined the company in 2013 as President and Chief Operating Officer. Born in 1969 and educated with a...

Christopher D. Maher has been the President and CEO of OceanFirst Financial Corp since 2015. His journey into leadership began when he joined the company in 2013 as President and Chief Operating Officer. Born in 1969 and educated with a Bachelor's in Business Administration, Maher has a rich background in banking, having served as the CEO of Patriot National Bancorp before joining OceanFirst. Under his direction, the company has focused on aligning executive interests with those of shareholders, emphasizing performance metrics like Core Earnings and Efficiency Ratio. In terms of executive compensation, Maher earned a total of $3.06 million in 2022, showcasing a strong connection between pay and performance. An interesting chapter in Maher’s story includes his strategic maneuvers with insider trading, where his holdings peaked at $10.90 million in November 2021, illustrating his belief in the company's growth. His leadership demonstrates a blend of operational expertise and a commitment to community, having served on boards for various charities and financial organizations. Maher shows a sound understanding of managing a financial institution while contributing positively to the communities OceanFirst serves.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other OceanFirst Financial CEOs

O

Christopher D. Maher

Ex-CEO of OceanFirst Financial

Education

MBA from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1963 - 62 years ago

CEO of OceanFirst Financial for

8 years 7 months (Aug 2013 - Mar 2022)

Previous Experience

Executive Vice President and Chief Operating Officer at OceanFirst

Rivals

Competitors/colleagues of Christopher D. Maher

H

Kevin S. Kim

CEO of Hope Bancorp

2023 Compensation

Stock

$700.98K

Salary

$1.05M

Bonus

$1.05K

Other

$60.71K

Total Holdings

$10.60M

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

P

Anthony Labozzetta

CEO of Provident Financial Services

2023 Compensation

Stock

$61.82K

Salary

$818.27K

Bonus

$309.38K

Other

$121.55K

Total Holdings

$8.84M

A

H. Palmer Proctor, Jr.

CEO of Ameris Bancorp

2023 Compensation

Stock

$1.90M

Salary

$925.00K

Bonus

$1.44M

Other

$98.20K

Total Holdings

$28.94M

U

Jeffrey M. Schweitzer

CEO of Univest Financial Corporation

2022 Compensation

Stock

$0.00

Salary

$806.00K

Bonus

$250.57K

Other

$26.25K

Total Holdings

$2.56M

Holdings

See how much did Christopher D. Maher make over time.

Christopher D. Maher, CEO of OceanFirst Financial, has experienced significant fluctuations in his stock holdings over the years. At his peak in November 2021, his insider holdings reached an impressive $10.90 million, reflecting the company's strong performance during that period....

Christopher D. Maher, CEO of OceanFirst Financial, has experienced significant fluctuations in his stock holdings over the years. At his peak in November 2021, his insider holdings reached an impressive $10.90 million, reflecting the company's strong performance during that period. Notably, his holdings have shown a general upward trend, maintaining around the $10 million mark through 2022. However, there have been periodic declines, with his current wealth sitting at approximately $5.35 million as of September 2023. Maher’s trading habits suggest that he actively invests in his own company, demonstrating confidence in OceanFirst's future prospects. This trend serves as an indicator of his alignment with shareholder interests as he navigates through market changes.

Mar 11, 2025

D

shares

DCOM @ $27.16

O

shares

OCFC @ $16.46

Total Stock Sold

$767.15K

OCFC

$767.15K

38,824 OCFC shares

What if they kept their stock?

If Christopher D. Maher didn't sell their stock, today they would have:
Extra OCFC38,824 shares worth $664.28K.
This is -13.41% and $102.87K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Christopher D. Maher.

OCFC

$159.62K

OCFC at $14.90/share

Mar 5, 2024

Sale

OCFC

87,190 shares

OCFC

Feb 28, 2024

Received

OCFC

$26.21K

OCFC at $13.10/share

May 12, 2023

Purchase

OCFC

$26.23K

OCFC at $13.12/share

May 10, 2023

Purchase

OCFC

$13.34K

OCFC at $13.34/share

May 9, 2023

Purchase

OCFC

$15.26K

OCFC at $15.26/share

Apr 27, 2023

Purchase

OCFC

56,917 shares

OCFC

Feb 28, 2023

Received

OCFC

$488.29K

OCFC at $22.17/share

Mar 7, 2022

Sale

OCFC

60,320 shares

OCFC

Feb 28, 2022

Received

OCFC

$61.03K

OCFC at $23.11/share

Mar 3, 2021

Sale

Compensation History

See how much did Christopher D. Maher make over time.

In 2022, Christopher D. Maher, CEO of OceanFirst Financial, received a total compensation of $3.06 million. This figure includes a base salary of $950,000 and a bonus of $899,775 linked to the company's performance metrics such as Core Earnings and Efficiency Ratio. The bonus structure reflects Maher's ability to meet goals set by the Compensation Committee. Notably, there were no stock grants or options exercised in 2022, as the focus was on future vesting schedules based on performance. Over the past years, Maher's compensation has seen steady growth, with his total earnings reaching upwards of $3 million annually. His compensation strategy is designed to attract and retain talent while aligning executive performance with shareholder interests, showcasing prudent management practices within the company.

Year

2022

Total Compensation

$1.97M

Salary

$950.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives while aligning their interests with those of stockholders, incorporating both fixed and performance-based elements.

Bonus

$899.78K

Board Justification

The cash incentive compensation for 2022 was based on the performance of the Company, the Bank, and individual performance against established goals, resulting in a payout of 116% of the target bonus.

Other

$123.61K

Board Justification

Other compensation includes contributions to the Employee Stock Ownership Plan, 401(k) match, SERP allocation, life insurance premiums, automobile benefits, club dues, and executive physicals.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2022 as the focus was on performance-based and time-based restricted stock that will vest in future years.

Performance Metrics

Performance metrics for 2022 included Core Earnings, Core Efficiency Ratio, Internal Controls, and ESG measures.

Other OceanFirst Financial CEOs

Here are other CEOs of OceanFirst Financial

John R. Garbarino

Ex-CEO of OceanFirst Financial

January 2000 - August 2013

Patrick S. Barrett

CEO of OceanFirst Financial

June 2022 - Present