William J. Wagner is the former CEO of Northwest Bancshares, Inc. A major player in banking, he has a background that spans his tenure at several institutions, including his time at Western New England Bancorp. Born in 1958, Wagner has...

Current Market Cap

$1.65B

Number of Employees

2.17K

Total Compensation

2016 - 2019

Trending up by 84.51% last year
Showing total compensation for the last 2016 - 2019

Stock

Up by 0.00% last year

Salary

Up by 65.06% last year

Bonus

Up by 0.00% last year

Other

Down by -31.79% last year

Year

2019

Total Compensation

$945.10K

Salary

$726.94K

Board Justification

The compensation philosophy aims to provide competitive compensation packages that align with performance metrics and market standards, ensuring retention and motivation of key executives.

Bonus

$169.17K

Board Justification

Performance-based cash incentive awards related to corporate and individual performance objectives, with a maximum of 20% of base salary based on performance metrics.

Other

$48.98K

Board Justification

Includes company contributions to qualified defined contribution plan, company-paid life insurance premiums, and unvested restricted stock dividends.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2019 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Performance metrics include return on average assets, return on average equity, return on average tangible equity, growth in earnings per share, and retail deposit growth.

SEC Filing

From March 12, 2020

William J. Wagner

Ex-CEO of Northwest Bancshares

WJ

Education

Field of Expertise

Finance & Banking - Banking

Born

January 1, 1958 - 66 years ago

Is Founder?

No

Tenure

0 years 7 months (Nov 2017 - Jun 2018)

Previous Experience

Chairman, President and Chief Executive Officer at The Delaware County Bank and Trust, Vice Chairman at Huntington National Bank, Executive Vice President and National Head of Business Banking at Bank One/JPMorgan Chase