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...

Current Market Cap

$5.89B

Number of Employees

4.23K

Total Compensation

2008 - 2009

Trending down by -29.35% last year
Showing total compensation for the last 2008 - 2009

Stock

Up by 0.00% last year

Salary

Down by -81.88% last year

Bonus

Up by 0.00% last year

Other

Up by 25.16% last year

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.

SEC Filing

From March 26, 2010

Robert V. New, Jr.

Ex-CEO of F.N.B. Corporation

RV

Education

Field of Expertise

Finance & Banking - Finance

Born

Invalid Date - 0 years ago

Is Founder?

No

Tenure

4 years 9 months (Apr 2008 - Jan 2013)

Previous Experience

View Holdings

Insider Holdings of Robert V. New, Jr.

FNB

$321.78K

$53.46K (19.92%)

Last Insider Trade

FNB

$6.00K

FNB at $15.08/share

Dec 31, 2008

Received