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...
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 on S&T's stock price. This aligns with his focus on performance, as these awards hinge on achieving specific goals over a three-year period. In stark contrast, back in 2021, he had no vested stocks, showing a strategic shift towards incentivizing long-term performance. His vested shares increased by 8,309 in 2022, highlighting a growing stake in the company's future. This trajectory indicates McComish is invested not just in the day-to-day operations but in the ongoing success of S&T Bancorp, aiming to create substantial shareholder returns while also engaging with the community on a personal level.