Sundar PichaiSundar Pichai earned $164M in 2023

Robert V. New, Jr. was the President and CEO of F.N.B. Corporation from April 2008 until his resignation in February 2009. He joined the board of directors in January 2008, leading the company through a challenging period in the financial...

Quick Links
F

Robert V. New, Jr.

Ex-CEO of F.N.B. Corporation

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of F.N.B. Corporation for

4 years 9 months (Apr 2008 - Jan 2013)

Previous Experience

Unknown

Holdings

See how much did Robert V. New, Jr. make over time.

Robert V. New, Jr.'s insider trading activity shows fluctuations in his investment strategy over the years. His trades, which began to sharply increase around September 2019, peaked in 2021 with transactions around $250,000 each month. For instance, he executed trades...

Mar 18, 2025

Insider Trading

See recent insider trades of Robert V. New, Jr..

FNB

$6.00K

FNB at $15.08/share

Dec 31, 2008

Received

Compensation History

See how much did Robert V. New, Jr. make over time.

In 2008, Robert V. New, Jr.'s total compensation reached approximately $1.13 million, largely driven by a substantial base salary of $483,349. However, he did not receive any bonuses that year due to the company's performance falling short of set targets. After resigning in February 2009, his compensation dropped to about $670,518, primarily from severance and other benefits, since he did not receive stock or option awards during this period. His compensation strategy focused on performance metrics, which aligns with broader financial industry standards. This approach showcases a commitment to executive accountability at F.N.B.

Year

2009

Total Compensation

$670.52K

Salary

$87.58K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and competitive benchmarks in the financial services industry.

Bonus

$0.00

Board Justification

Mr. New was not entitled to any bonus payments as he resigned before the annual incentive compensation was calculated.

Other

$582.94K

Board Justification

This amount includes severance payments and other benefits provided upon resignation.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. New did not receive any stock awards during 2009 as he resigned before any could be granted.

Performance Metrics

The performance metrics for determining compensation were based on the company's overall performance relative to set financial goals.

Other F.N.B. Corporation CEOs

Here are other CEOs of F.N.B. Corporation