Sundar PichaiSundar Pichai earned $164M in 2023
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William S. Aichele

Ex-CEO of Univest Financial Corporation

Field of Expertise

Finance & Banking - Banking

Economy Sector

Financial Services

Tenure

9 years 0 months (Jan 2005 - Jan 2014)

Previous Experience

Unknown

William S. Aichele has been a significant presence in the banking world for over fifty years. He was the CEO of Univest Financial Corporation from 1999 until his retirement in early 2014 but didn't just walk away; he serves as...

Year

2014

Total Compensation

$450.00K

Salary

$450.00K

Board Justification

The compensation philosophy aims to attract and retain top talent while aligning executive compensation with the performance of the Corporation and its long-term goals.

Bonus

$0.00

Board Justification

The annual incentive compensation plan rewards executive officers for achieving annual financial objectives, with payouts based on individual performance and corporation performance metrics.

Other

$0.00

Board Justification

Other compensation includes standard benefits provided to all employees, such as health insurance and retirement contributions, but specific amounts are not detailed in the proxy statement.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2014 as the focus was on cash compensation and other benefits.

Performance Metrics

The performance metrics for 2014 included net income, return on average assets, and efficiency ratio, which were used to determine the annual incentive compensation.