Paul M. Limbert served as the President and CEO of WesBanco, Inc., one of the region's key financial institutions, from 2003 until his retirement in 2014. With a career that spans several decades in the finance sector, Limbert was instrumental...

Paul M. Limbert served as the President and CEO of WesBanco, Inc., one of the region's key financial institutions, from 2003 until his retirement in 2014. With a career that spans several decades in the finance sector, Limbert was instrumental in driving growth and profitability during his tenure. He joined WesBanco in 1977 and climbed the ranks, taking on roles that shaped the strategic direction of the company. Notably, upon his retirement, he received a one-time bonus of $75,000 approved by the board due to his long service, reflecting his dedication to the company. He was also a member of the board for many years, showing his deep connection to the firm's governance. Limbert's departure marked a significant transition for WesBanco as new leadership took over, but his legacy in developing the bank's operations and culture remains evident.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other WesBanco CEOs

W

Paul M. Limbert

Ex-CEO of WesBanco

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1962 - 63 years ago

CEO of WesBanco for

0 years 0 months (May 2014 - Apr 2014)

Previous Experience

Executive Vice President and Chief Operating Officer of WesBanco and the Bank

Rivals

Competitors/colleagues of Paul M. Limbert

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

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

R

Kevin D. Chapman

CEO of Renasant

2023 Compensation

Stock

$0.00

Salary

$401.63K

Bonus

$401.63K

Other

$0.00

Total Holdings

$5.13M

Holdings

See how much did Paul M. Limbert make over time.

During his time as CEO, Paul M. Limbert held a significant amount of stock in WesBanco. He was known to have around 53,647 shares, which reflected his commitment and alignment with shareholder interests. At the peak of his tenure, the...

During his time as CEO, Paul M. Limbert held a significant amount of stock in WesBanco. He was known to have around 53,647 shares, which reflected his commitment and alignment with shareholder interests. At the peak of his tenure, the value of his holdings represented a notable portion of his wealth, illustrating a strong tie between his personal financial success and that of the company he led. However, upon his retirement in 2014, those holdings transitioned as he stepped down, and since then, his personal stake in the company has presumably diminished. His approach to stock ownership was indicative of a wider practice among corporate leaders who see stock as part of their overall compensation and an incentive for long-term performance. However, after retirement, he shifted focus and did not continue accruing new stock options or awards, which is typical when stepping away from a CEO role.

Insider Trading

See recent insider trades of Paul M. Limbert.

No insider trades found for this CEO.

Compensation History

See how much did Paul M. Limbert make over time.

In 2014, Paul M. Limbert's total compensation was $257,793, which included a $185,588 salary and a one-time $75,000 bonus for his long service upon retirement. This package reflects the company's philosophy to align executive compensation with performance and tenure. While he did not receive additional stock grants or stock options in his final year, the bonus served as recognition for his contributions over the years. Limbert’s compensation illustrates how companies reward long-standing executives, especially as they transition into retirement. The details of his compensation emphasize the value placed on his experience and leadership throughout his career and how these align with the shareholders' interests, a key focus for any successful corporation.

Year

2014

Total Compensation

$277.79K

Salary

$185.59K

Board Justification

The Corporation’s compensation program is designed to align the interests of executive officers with those of stockholders and to attract and retain top-quality executive talent.

Bonus

$75.00K

Board Justification

One-time bonus payment upon retirement, approved by the Executive Committee of the Board of Directors due to tenure of service after normal retirement date.

Other

$17.21K

Board Justification

Includes group life insurance, club dues, and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2014 as Mr. Limbert retired on April 30, 2014 and did not participate in the Annual Incentive Bonus.

Performance Metrics

The performance metrics for determining compensation were based on the achievement of corporate goals, including return on assets and return on equity.

Other WesBanco CEOs

Here are other CEOs of WesBanco

Jeffrey H. Jackson

CEO of WesBanco

August 2023 - Present