Peter F. Benoist served as the CEO of Enterprise Financial Services Corporation from 2008 until his retirement in 2016. He has a background in finance, leading the company through various challenges during his tenure. Notably, Benoist extended his employment contract...
Peter F. Benoist served as the CEO of Enterprise Financial Services Corporation from 2008 until his retirement in 2016. He has a background in finance, leading the company through various challenges during his tenure. Notably, Benoist extended his employment contract several times, reflecting the trust the company placed in him. His performance metrics focused on earnings per share and core deposits, which were critical for the company’s health. Benoist also showed flexibility by reducing his base compensation by $120,000 in 2010 to align his pay structure with company performance. He played a key role in the company’s executive planning and was compensated fairly, with total earnings of over $1 million in his last year, including a mix of salary and bonuses. Benoist's leadership style emphasized performance management, aligning the interests of executives with stockholder value. His work has had lasting impacts on the company’s financial standing and strategic direction, ensuring a stable path forward during his time at the helm.