Sundar PichaiSundar Pichai earned $164M in 2023

David G. Antolik is the Interim Chief Executive Officer and President of S&T Bancorp, where he has been a key figure in the company since 2019. Before stepping into the CEO role, he served as the President of both S&T...

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David G. Antolik

Ex-CEO of S&T Bancorp

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1966 - 59 years ago

CEO of S&T Bancorp for

0 years 4 months (Apr 2021 - Aug 2021)

Previous Experience

President of S&T and S&T Bank since January 2019; Chief Lending Officer from 2008 to October 2020.

Holdings

See how much did David G. Antolik make over time.

David G. Antolik holds approximately 87,793 shares in S&T Bancorp. His stake shows a significant commitment to the company, particularly when he built his holdings over the years. In recent filings, he has 57,864 shares in unvested restricted stock, demonstrating...

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Insider Trading

See recent insider trades of David G. Antolik.

STBA

$167.53K

STBA at $33.10/share

Apr 1, 2021

Received

STBA

$35.08K

STBA at $29.43/share

Feb 25, 2021

Received

STBA

$29.98K

STBA at $28.33/share

Feb 16, 2021

Purchase

STBA

$908.98K

STBA at $20.25/share

Oct 12, 2020

Received

STBA

$884.84K

STBA at $20.25/share

Oct 12, 2020

Received

STBA

$163.15K

STBA at $25.88/share

Apr 1, 2020

Received

STBA

$5.33K

STBA at $25.88/share

Mar 19, 2020

Received

STBA

$167.54K

STBA at $39.21/share

Apr 1, 2019

Received

STBA

$134.33K

STBA at $41.99/share

Mar 19, 2018

Received

STBA

$6.49K

STBA at $33.45/share

Jun 1, 2017

Received

Compensation History

See how much did David G. Antolik make over time.

In 2021, David G. Antolik's total compensation as Interim CEO of S&T Bancorp was approximately $1,290,859. This figure includes a base salary of $500,000 and a cash bonus of about $302,000 based on performance metrics. He also received $514,362 worth of vested stock during the year, reflecting the company’s performance and his role in its management. The cash bonus, which represents about 52.9% of his base salary, ties directly to key performance indicators like Return on Average Equity and Total Shareholder Return, emphasizing the company's commitment to aligning leadership incentives with shareholder interests. This compensation package provides a strong incentive for him to guide the bank towards continued growth and profitability, an important consideration in the rapidly evolving banking sector.

Year

2021

Total Compensation

$1.36M

Salary

$500.00K

Board Justification

S&T Bancorp's compensation philosophy emphasizes alignment with shareholder interests, performance-based incentives, and retention of top talent.

Bonus

$302.10K

Board Justification

Cash bonus awarded based on the Management Incentive Plan (MIP) for 2021, reflecting 52.9% of base salary due to performance metrics.

Other

$39.76K

Board Justification

Includes contributions to qualified and nonqualified defined contribution plans, car allowance, and other benefits.

Restricted Stock

$514.36K(16.68K RSU)

Board Justification

Restricted stock awards that vested during 2021, reflecting performance and time-based vesting criteria.

Performance Metrics

Performance metrics for 2021 included Return on Average Equity (ROAE) and Total Shareholder Return (TSR) relative to peer banks.