Sundar PichaiSundar Pichai earned $164M in 2023
P

Frank A. Kissel

Ex-CEO of Peapack-Gladstone Financial

Field of Expertise

Finance & Banking - Finance

Economy Sector

Financial Services

Tenure

23 years 9 months (Jan 1989 - Oct 2012)

Previous Experience

Assistant to the President at Peapack-Gladstone Bank

Frank A. Kissel has had a long career in banking, starting at Peapack-Gladstone Financial in 1988. He played a crucial role in the company, becoming the CEO in 1989 and serving until October 2012. Under his leadership, the bank faced...

Year

2012

Total Compensation

$793.55K

Salary

$418.00K

Board Justification

Peapack-Gladstone's compensation philosophy is designed to attract and retain talented executives while aligning their interests with those of shareholders through a combination of base salary, cash bonuses, and equity compensation.

Bonus

$167.20K

Board Justification

The cash bonus for 2012 was awarded based on individual performance and the overall performance of Peapack-Gladstone, reflecting a strong financial year.

Other

$110.85K

Board Justification

Other compensation includes contributions to the 401(k) plan and other benefits provided to the CEO.

Restricted Stock

$97.50K(9.1K RSU)

Board Justification

In 2012, Frank A. Kissel received a restricted stock award that vested, amounting to 9,095 shares, which were granted to align his interests with those of the shareholders.

Performance Metrics

The performance metrics for determining the compensation included the overall financial performance of Peapack-Gladstone and individual contributions to the company's strategic goals.