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Jeffrey H. Jackson is the current President and CEO of WesBanco, a role he stepped into on August 1, 2023. Before leading WesBanco, he held various executive positions at First Horizon Bank, where he was Chief Operating Officer and managed...

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Jeffrey H. Jackson

CEO of WesBanco

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1973 - 52 years ago

CEO of WesBanco for

1 year 8 months (Aug 2023 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer of regional banking at First Horizon Bank

Holdings

See how much did Jeffrey H. Jackson make over time.

As CEO, Jeffrey H. Jackson holds about 38,605 shares of WesBanco stock. His holdings include restricted stock awarded in 2022 and 2023, set to vest in the coming years. This ensures he has a vested interest in the company's performance....

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Jeffrey H. Jackson make over time.

In 2023, Jeffrey H. Jackson's compensation at WesBanco totaled $1,514,165. This includes a salary of $850,000 and a bonus of $637,500 tied to his performance as CEO. The bonus accounts for 75% of his base salary, showing a heavy reliance on performance metrics. Although he did not receive vested stock or options this year, he has a robust compensation structure that aligns with shareholder interests. Jackson's pay reflects the company's performance through a key executive incentive plan encouraging active leadership and responsibility. His employment agreement outlines additional potential bonuses and stock options, designed to motivate long-term growth. This performance-based structure ensures that Jackson’s interests are closely aligned with those of WesBanco’s shareholders.

Year

2023

Total Compensation

$1.51M

Salary

$850.00K

Board Justification

The compensation philosophy aims to attract and retain executive talent while aligning their interests with those of stockholders through performance-based compensation.

Bonus

$637.50K

Board Justification

Annual Cash Incentive Awards of 75% of base salary, subject to adjustment based on performance, prorated for the first year and on a calendar year basis thereafter.

Other

$25.67K

Board Justification

Other compensation includes contributions to the Deferred Compensation Plan and other miscellaneous benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023 as all stock grants are subject to future vesting periods.

Performance Metrics

Performance metrics include achievement of corporate and personal goals, with adjustments based on overall corporate performance.

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