Jeffrey M. Schweitzer is the CEO of Univest Financial Corporation, a banking and financial services company. He has been with the company since 2014, stepping up from various roles including Chief Operating Officer and President. Schweitzer has a strong background...

Jeffrey M. Schweitzer is the CEO of Univest Financial Corporation, a banking and financial services company. He has been with the company since 2014, stepping up from various roles including Chief Operating Officer and President. Schweitzer has a strong background in banking with experience that spans across multiple leadership positions within Univest. His tenure has seen a focus on achieving financial goals, which is reflected in his performance metrics-based compensation structure. In 2022, he earned a total compensation of $1,071,819, which included a significant bonus for exceeding performance expectations. He has also been very active in the stock market, with his insider trading activity demonstrating a high level of confidence in the company's future. For example, in 2021, his trades reached notable values, often exceeding $1 million in a month. An interesting note is that he held the role of Chief Financial Officer before becoming CEO, showcasing his deep understanding of the company's financial health. Schweitzer's journey reflects a blend of strategic planning and a hands-on approach to leadership.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Univest Financial Corporation CEOs

U

Jeffrey M. Schweitzer

CEO of Univest Financial Corporation

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

CEO of Univest Financial Corporation for

11 years 3 months (Jan 2014 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Jeffrey M. Schweitzer

F

Curtis J. Myers

CEO of Fulton Financial

2023 Compensation

Stock

$655.98K

Salary

$850.00K

Bonus

$382.50K

Other

$122.18K

Total Holdings

$4.82M

U

Richard M. Adams, Jr.

CEO of United Bankshares

2023 Compensation

Stock

$609.36K

Salary

$1.00M

Bonus

$1.09M

Other

$59.30K

Total Holdings

$6.01M

F

Van A. Dukeman

CEO of First Busey Corporation

2023 Compensation

Stock

$0.00

Salary

$725.00K

Bonus

$561.88K

Other

$51.10K

Total Holdings

$9.87M

S

Christopher J. McComish

CEO of S&T Bancorp

2023 Compensation

Stock

$150.00K

Salary

$350.00K

Bonus

$70.00K

Other

$20.00K

Total Holdings

$715.40K

O

Patrick S. Barrett

CEO of OceanFirst Financial

2023 Compensation

Stock

$0.00

Salary

$450.00K

Bonus

$285.12K

Other

$65.33K

Total Holdings

$1.71M

Holdings

See how much did Jeffrey M. Schweitzer make over time.

Jeffrey M. Schweitzer has been actively involved in Univest Financial's stock activity, especially noticeable during 2021 when his trades consistently surpassed $1 million each month. His trading history shows a sharp uptrend from September 2019 through 2024, peaking at values...

Jeffrey M. Schweitzer has been actively involved in Univest Financial's stock activity, especially noticeable during 2021 when his trades consistently surpassed $1 million each month. His trading history shows a sharp uptrend from September 2019 through 2024, peaking at values indicative of confidence in the company’s growth prospects. Notably, in 2022, his monthly stock values fluctuated between $1.3 million and $1.8 million, showcasing a consistent presence in the market. This insider trading trend suggests that Schweitzer’s wealth is largely tied to his CEO role at Univest, indicating his belief in the long-term viability of the company. He appears to lean heavily into the potential of Univest's stock, reflecting his commitment to both the organization and its stakeholders.

Mar 18, 2025

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shares

UVSP @ $28.44

Total Stock Sold

$811.34K

UVSP

$811.34K

34,677.701 UVSP shares

What if they kept their stock?

If Jeffrey M. Schweitzer didn't sell their stock, today they would have:
Extra UVSP34,677.701 shares worth $548.60K.
This is -32.38% and $262.74K less than what they got when they sold the stock.

Charitable Transactions

UVSP

3,350 shares

UVSP

Recent Charitable Transactions

UVSP

$12.62K

UVSP at $28.05/share

Dec 31, 2017

Charity

UVSP

$16.65K

UVSP at $23.78/share

Sep 22, 2016

Charity

UVSP

$12.50K

UVSP at $20.84/share

Dec 31, 2015

Charity

UVSP

$26.21K

UVSP at $20.16/share

Dec 31, 2014

Charity

UVSP

$5.04K

UVSP at $16.79/share

Dec 31, 2012

Charity

Insider Trading

See recent insider trades of Jeffrey M. Schweitzer.

UVSP

$243.04K

UVSP at $28.59/share

Sep 17, 2024

Sale

UVSP

$17.03K

UVSP at $28.38/share

Sep 4, 2024

Sale

UVSP

$49.84K

UVSP at $28.53/share

Aug 30, 2024

Sale

UVSP

$79.22K

UVSP at $28.57/share

Aug 26, 2024

Sale

UVSP

$202.97K

UVSP at $22.55/share

May 9, 2024

Sale

UVSP

$21.05K

UVSP at $22.05/share

Jan 30, 2024

Sale

UVSP

$12.95

UVSP at $18.46/share

Nov 28, 2023

Sale

UVSP

$83.25K

UVSP at $18.50/share

Nov 9, 2020

Sale

UVSP

7,368 shares

UVSP

Mar 15, 2018

Received

UVSP

$12.62K

UVSP at $28.05/share

Dec 31, 2017

Charity

Compensation History

See how much did Jeffrey M. Schweitzer make over time.

In 2022, Jeffrey M. Schweitzer earned a total compensation of $1,071,819 as the CEO of Univest Financial Corporation. This amount included a base salary of $806,000 and a bonus of $250,572, which was paid out due to the company's strong performance that exceeded set financial objectives. His compensation is structured to reflect his performance metrics, which include key indicators like return on equity and efficiency ratios. This approach aligns with the organization's philosophy to attract and keep talented executives while making sure their interests match those of shareholders. Over the years, his compensation has varied, showing a significant commitment to performance-related pay. Notably, he did not see vested stock grants in recent years, focusing instead on cash-based incentives, which speaks to his belief in immediate performance rewards over long term stock options.

Year

2022

Total Compensation

$1.08M

Salary

$806.00K

Board Justification

The compensation philosophy aims to attract and retain talented employees by aligning their interests with those of shareholders, offering competitive compensation packages based on market standards and individual performance.

Bonus

$250.57K

Board Justification

The annual incentive program for 2022 was based on achieving annual financial objectives, with a payout at 131.6% of target due to performance exceeding expectations.

Other

$26.25K

Board Justification

Includes Deferred Salary Savings Plan (401(k)) company matching contributions, life insurance premiums, long-term disability insurance, expense allowances, and personal tax preparation services.

Restricted Stock

$0.00(0 Restricted Stock Units (RSUs))

Board Justification

No stock was vested in 2022 as the performance-based restricted stock units are set to vest in future years based on performance criteria.

Performance Metrics

The performance metrics for 2022 included pre-tax pre-provision income, return on average equity, efficiency ratio, and net charge-offs relative to peer banks.

Other Univest Financial Corporation CEOs

Here are other CEOs of Univest Financial Corporation

William S. Aichele

Ex-CEO of Univest Financial Corporation

January 2005 - January 2014