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Christopher J. McComish is the CEO of S&T Bancorp, having taken the role on August 23, 2021. With a Bachelor's degree in international economics from Ohio Wesleyan University, he brings over 30 years of experience in banking and finance. Before...

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Christopher J. McComish

CEO of S&T Bancorp

Education

Bachelor's degree in international economics from Ohio Wesleyan University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of S&T Bancorp for

3 years 7 months (Aug 2021 - Present)

Previous Experience

Senior Executive Vice President of Consumer Banking of TCF Bank; president and CEO of Scottrade Bank; head of personal banking at BMO Harris Bank.

Holdings

See how much did Christopher J. McComish make over time.

As of 2023, Christopher McComish, the CEO of S&T Bancorp, holds several vested stock awards that indicate a strong commitment to the company. In 2022, he received a significant award of 12,404 shares, valued at approximately $423,969 at year-end based...

Insider Trading

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STBA

$250.02K

STBA at $30.09/share

Aug 23, 2021

Received

Compensation History

See how much did Christopher J. McComish make over time.

In 2023, Christopher McComish earned a total of $590,000 as CEO of S&T Bancorp. His compensation package included a base salary of $350,000, a performance bonus of $70,000, and the value of vested stock shares amounting to $150,000. The bonus was linked directly to the company's performance metrics, including net income and return on equity. McComish’s compensation is designed to align with the company's successes, demonstrating a commitment to long-term value creation. Additionally, he received $20,000 in other benefits, which included contributions to retirement plans. This structure incentivizes him to stay focused on delivering results that benefit both the company and its shareholders over time, rather than seeking short-term gains. His compensation reflects both the challenges and opportunities within the financial industry.

Year

2023

Total Compensation

$590.00K

Salary

$350.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and retention of key executives through performance-based incentives.

Bonus

$70.00K

Board Justification

The bonus is based on the company's performance metrics including net income and return on equity for the fiscal year 2023.

Other

$20.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid out in 2023.

Restricted Stock

$150.00K(5K common stock)

Board Justification

5,000 shares of common stock vested in 2023 as part of the long-term incentive plan, based on performance targets being met.

Performance Metrics

Performance metrics include net income growth, return on equity, and customer satisfaction scores.

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