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...
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 services industry. Under his leadership, F.N.B. saw significant growth in its assets, nearly 40% from when he was appointed. During 2008, he earned a total compensation of approximately $1.13 million, largely from severance and benefits after his resignation. Notably, in 2009, his compensation dropped to about $670,000 after leaving the position. His tenure was marked by an emphasis on aligning executive pay with company performance, reflecting good governance. Outside of his direct roles, Robert was involved in managing risks and fostering corporate governance. Interestingly, in the years following his departure, he made various insider trades, reflecting his ongoing engagement and insights with the financial dynamics of F.N.B.